The trend indicators and techniques will help you find out and analyze the price’s current trend. Always remember that “the trend is your friend” and don’t open orders against the trend, unless you have a solid reason to do so.
The trend is your friend! The first rule of Forex trading is “recognize the trend’s direction” and the best method here is to build the trend lines.
The indicator alone is a great trend recognition tool, resistance or support level in Forex. What’s more, a huge number of advanced indicators are based on the Moving Average.
The CCI is a great tool quickly recognizing overbought or oversold levels in Forex. Generally speaking it is an oscillator, but most trading platforms put it in the Trend section.
The Parabolic SAR is a universal trend indicator in Forex that could greatly boost your trading style. We generally love its simplicity and accuracy.
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