Forex Trendy Scanner Report
This report is written to illuminate the top misunderstood Forex areas and help Forex traders succeed and stay profitable. The information is presented in a readable way for beginners as well as advanced traders that want to tune up their trading approach and increase their success rate. You will learn by stressing the common mistakes and often revealing obvious but underestimated trading techniques.
Most
traders start by asking the correct question: “What's the current
market trend?”, but then most of them fail to determine the trend
correctly and almost all traders miss the next important question: “How
reliable is the current trend?”
If
you don't take the trend into account, you will often be tricked into
placing low winning-probability trades. Trend is your friend. By
following the trend it can only be better. But you have to distinguish
between the real trend and very
tempting price action that wants to play with your emotions.
You
will also understand the basic principles behind chart patterns, how to
draw strong trend lines, how to recognize the patterns and how to trade
them. We always keep trading simple and therefore we focus only on the
most reliable chart patterns. With the following knowledge, you will be
able to spot the patterns leading to explosive price movements and then trade profitably with it.