We have already covered various , but it is also important to learn Forex trading strategies for recognizing trends.
In this guide we will first teach you about what are trend lines, and then go on for an elaborate explanation of the various trend strategies:
Basic trend pattern strategy
Sideways Forex trading Strategy
Uptrend Forex trading Strategy
Downtrend Forex trading Strategy
Reversal trend patterns
Double top
Double bottom
Head and shoulders top/bottom
Continuation patterns
Symmetrical triangles
Ascending triangles
Descending triangle
Flag/pennant
Rectangle
Gap Patterns
Breakaway gap
Runaway gap
Exhaustion gap
Island reversal gap
A Forex trading trend line is sketched by drawing a straight line above the daily highs for a downward trend and below daily lows for an upward trend. Forex trading trend lines are very fun to use, because you need to use your mental skills in order to recognize the different patterns in the right Forex trading chart. This is not an easy task, as the chart is usually filled with chaotic lines that constantly rise and drop. With the right practice though, you are able to improve your chart skills and recognize trends in no time. Attend eachthat we offer, and you'll actually become a well educated investor.Paul Gatton, Technical Writer
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