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The principle behind most trading systems is to trade in the direction of the trend. This is because trend following systems tend to be more profitable than counter-trend trading. As long as the markets are trending in a particular direction, trend following systems can be very rewarding.
“A market trend is defined as a tendency of financial market(s) to move in a particular direction over time”. That is the definition according to Wikipedia.
https://en.wikipedia.org/wiki/Market_trend
Investopedia describes a market trend as “the general direction of a market or of the price of an asset.”
http://www.investopedia.com/terms/t/trend.asp
From the above descriptions, there are two main attributes of a trend. It must have a given direction, and it must have moved in that direction for a certain period of time. There are essentially two types of market trends; a bullish trend is when the market prices are steadily going upwards, while a bearish trend represents a steady drop in market prices.
Bull Market
Bear Market
The problem with determining the trend is that there are many time frames to choose from, so what could look like a bullish trend on a 1-hour chart could be part of a bear…
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Olga18375 avatar
Olga18375 20 July

Interesting article!! Well done

Natalia_Kisenko avatar

great work!

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18/35
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For clarity, the following description of the GBP / USD from TF H4, The picture above is essentially no different to Chart on H1 TF, just used different periods, namely: * Red line remains as a line that describes the daily movement of the period of 6 * Outline color as the line movement SlateBlue weekly 30 period SMA * Yellow line as the line of movement with a period of 120 monthly * The blue line is the annual movement of the period 1440 * Dotted yellow line is the B 120 * Dotted blue line is the BB 1440 Bolinger Bands calculate the Standard Deviation of the high school period. Standard Deviation in Indonesian in Baku deviation familiar with the term, namely the degree or extent to which the value of the group data resides. Standard deviation is a commonly used value 2, because of the results of the statistical calculation of the group of data it is known that 96.5% of the values ​​observed in the group of data that will be in the range of calculations with Standard Deviation 2. So we can conclude that when the prices touched a BB or BB Lower Upper line line then it indicates that (probably) will reverse the price movement. But keep in mind, this applies to move static da…
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10/38
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The promise is due and as such, I am here to continue the explanation of the strategy of "pivots", but not before making some comments to the approaches made ​​by some readers. We must consider this strategy as "dangerous", since in most situations be against it trend, this attitude somehow makes sense, when much always heard that the "Trend" is our best friend, but there a very important rule, there is no trends, to move in the direction of the infinite, everything rises and falls all that falls sooner or later ends up climbing, my experience says that in regard to this strategy of "pivots" it is an effective strategy and that "pivots" are like the "Gap", always turn out to be met, so I stated in the previous article that requires patience but the most important is how we do management of funds, we must not excessively leveraged and walk whenever possible, one should take into account other aspects that I will try to address in this article October. In the previous article I made a special reference to "Time Frame" Monthly, this month I will explain the importance of TF weekly and daily. And will introduce the filters that should be considered in this strategy. Last month we had t…
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jlongo avatar
jlongo 9 Oct.

Waiting for the next ones... Good work.

Bluedragon avatar
Bluedragon 10 Oct.

it was a surprise to me the vote from Dukascopy in last Month. i'm very glad with TOP10 POsition. This is a evidence that anybody can win. 1st when get new knowledge, and then wen we get a price. I Hope that this 2nd part be usefull to everybody.

LinnuxFX avatar
LinnuxFX 10 Oct.

I made a lot of green trade in testes with this strategy, next step on the way is building a profitable strategy... Thanks for shearing...

doctortyby avatar
doctortyby 16 Oct.

I am currently using Pivot Points in my Trading Strategies. I highly recommend Pivot Supports and Resistences for profitable trading setups. But one has to be careful to be able to trade both real ad False Breakouts signals provided by Pivot Points. Keep writing

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8/35
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Success is not in the simplest attitudes?!Which of us does not walk in search of the Holy Grail? We all seek ways to negotiate, that we can bring fortune to our pockets ... but is that deep down, we believe that this is possible?!I walk in the Forex markets since 2006 and in truth I have to tell you, it took me 3 margin call, I've been through different trading strategies, I've lost, I won and I'm back to lose, repeatedly questioned the possibility of quitting, either because I thought it was not my thing, either because I felt that the levels of stress and anxiety rose to the point of forgetting and despise everything that was around me. However, with the passage of time have been mature, I have looked at things another way and I believe increasingly that the solution passes through Discipline, Money Management, and by the simplest strategies. Obviously I am only a simple trader as others here, however is my intention with this article explain a strategy that I have been using and which I consider for each moment that passes as a good way to earn what they me proposed. I assure you, I have no idea of ​​making fortunes with it, but with discipline, without much greed and good manag…
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Bluedragon avatar
Bluedragon 13 Sep.

higher you climb the greater the fall, this movement has improved a bit over our PIVOT.
Monthly Pivot at 150 pips (down)
Weekly Pivot at 70 pips (down)
Daily Pivot currently 35 pips (too down).
Right here we have a nice trigger to sell. I just put a sell order without SL and TP 50 pips pointing. We shall see.

good trades

SpecialFX avatar
SpecialFX 14 Sep.

If with all the problems Europe faces the Euro still goes up considerably, way above the 200-day moving average now, then the market is telling you something, but it sure is not to sell... The markets are always right, even when they're not, there's nothing to gain in arguing with the markets. The trend is friend...or your worst enemy if you go against it, just my humble opinion :)

Bluedragon avatar
Bluedragon 20 Sep.

As you all can see, in trends always reversal happen. And this is a prove of that. Pivot W1 was get it, now we continue moving down to MN Pivot... Pacience is our best friend...even more than trend ;) Good trades to all

alifari avatar
alifari 24 Sep.

nice strategy and well explained

juandata avatar
juandata 21 Sep.

Hi Guys, it looks like a profitable strategy, (thanks for sharing it bluedragon) but for some reason I cannot draw the EMA1, the minimum I can choose is 2. Has this happened to someone else?

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8/94
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     Every trader who wants to succeed in the dynamic environment of Forex market needs a well organized trading plan and trading habits, which will help and guide him or her in the trading activity. In this article I will show you what I do in order to prepare myself mentally and technically before I trade every morning.      It is of critical importance to not trade before you are ready for this and before you place a market map in your mind for the upcoming trading day. First of all early in the morning I do a short meditation. This meditation is necessary in order to clean my mind from some distractions from the previous day experience, from some thoughts related to other tasks and duties for the day. After I am sure that my mind is clean, I start building my daily trading map and filling it with the needed information. Before reading the news, graphics and other technical stuff I focus my thoughts on my psychological conditioning. I ask myself several questions, as “Am I calm?”, “Is it clear my mind and prepared to analyze the data without biases?”, “Have I the ability to manage risks or I need to trade smaller in order to prevent my account from unexpected damages?”.      A…
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alex avatar
alex 9 Sep.

I like this article

Livornese avatar
Livornese 11 Sep.

Great article! I will try out the meditation before training!!! Good tips

quantum_fx avatar
quantum_fx 13 Sep.

Thank you Livornese! The meditation is one of the things I always consider in mind before start trading.

LinnuxFX avatar
LinnuxFX 15 Sep.

Good article, but some images will help and it wil be more read friendly ...

quantum_fx avatar
quantum_fx 17 Sep.

Thank you LinnuxFx, I will take into account your suggestions in my next articles!

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