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Forex Trending Charts

Here is a example of a 4 Hr. chart in trend mode.  It was just a matter of looking for points of entry.  The first 2 red arrows are trend change opportunities.  The 3rd one was after the trend had started. The first of the final 2 was a trend change entry and the last one a set up during the trend.  Those where just opportunities in this time frame.  Looking at different time frames during this same time period would have produced many more.  These where all trend opportunities and as you can see they all had a chance for profit.


A daily chart in trend mode from the beginning of December to the beginning of February.  

A $50 trade in a mini account with 1:200 leverage could have easily turned into $675 in this time period.  That just shows you what riding a trend can do.  Why waste your time in trading ranges.


A weekly chart of the EUR/USD.  This market looks like it is always trending.  And this chart spans 8 years. It trends down then almost all the way back up.  Talk about a trending market.


A AUD/USD daily chart.  This market has been in a up trend since August 2002.  Actually longer.  If the chart was bigger it would show it started back in September 2001.  As you can see Forex markets have a tendency to trend.  So you want to know the trend in all time frames.  Selling a up trend like this is a losing battle.

 

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