Menu

The Life of Bowles 452

hawktrip82's blog

How Others Are Using Trend Trading Strategies?

Trend is your friend. The aforementioned Bill Dunn managed to capture the downtrend of the pair, at the beginning of 95. He did not produce any returns during May and June of 1995, however, after the market bottomed, he caught the uptrend in July and August of the same year.
On the flip side, by the time the price breaks out, risk is often much smaller than the potential reward; since the triangle converges over time, risk gets smaller as the price approaches the apex, yet the target is always based off the widest part of the triangle.



Due to various factors (such as risk tolerance, margin requirements, trading objectives, short term vs. long term strategies, technical vs. fundamental market analysis, and other trend trading dummies factors) such trading may result in the initiation or liquidation of positions that are different from or contrary to the opinions and recommendations contained therein.

Now you can trade with MetaTrader 4 and MetaTrader 5 with an advanced version of MetaTrader that offers excellent additional features such as the correlation matrix, which enables you to view and contrast various currency pairs in real-time, or the mini trader widget - which allows you to buy or sell via a small window while you continue with everything else you need to do.
Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional assistance to the extent you believe necessary.

Before placing buy and sell stop orders, traders will first identify support and resistance levels and use this bracketed range as a guide for setting up orders at standard intervals Support and resistance levels can be calculated using technical analysis or estimated by drawing trend lines onto a price graph to connect price peaks (resistance level) and valleys (support level).
As we discussed previously, a trending market will tend to surge in one direction and then slow down and either consolidate in a sideways manner or retrace lower or higher, depending on what direction the dominant trend is. It is during these contraction or retrace moves that we can focus extra hard through our ‘sniper-scope' and begin searching for high-probability price action trading strategies forming from previous swing points within the overall trend.

Go Back

Comment

Blog Search

Comments

There are currently no blog comments.