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    Thread: How to determine the Market Trend

    1. #1 Collapse Post
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      Default How to determine the Market Trend

      Dear Friends,
      i have a question that how to determine or identify the market trend because it is very important to identify the market trend. without identifying the trend we are unable to make good profit.
      Please guide if any one knew about it.


    2. The following 2 users say Thank You to Noor786 for this useful post.

      infinitytrader (10-18-2019), remi (12-31-2019)

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      Default Identify Trend With very simple Method

      hi there. its very simple and easy to identify Trend without help of any indicator. simply Zoom out daily chart for 6month to 1year and then check what is chart looking like. it gives you clear idea to identify that trend is bullish or bearish. if market going down then simply draw High high on top then draw point with Low , Higher Low and Lower Low . it will continue till when market change the direction, i attach GBPUSD chart with Bearish trend it will help you to understand how to identify Trend with simple way. thanks

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      remi (12-31-2019)

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      Hi! Yes dear this is the best way to identify the trends, no need of any indicator, personally i used this in my chart and this one lot of help me.secondly in daily time frame market show the more clear view without any noise. I really like your simple and clean chart.


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      infinitytrader (10-19-2019), remi (12-31-2019)

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      Hi friends
      Analyzing a chart 📊 and reading between the lines is not a secret art. Its as simple as taking bath. You just keep a chart in front of you and look at its ups n downs for last week, last month and a year or so. You will se trends in it that may be bullish or bearish. If you remember past sequence about the factors affecting your trend, and are aware of current scenario, you can simply judge right trends as true as upto 99%.


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      The most important thing in forex is known how to determine trend in forex,Trend simply means the direction where market is tending to at a particular time,we two type of trend minor and major trend either minor or major trend ,there are some factors that should put to consideration before he can determine trend such as fundamental and technical.fundamental implies the use world news y that move market, such news can determine trend of a market for short or long period of time, also we have technical such as the use of candle resistance and support to determine trend and also we the use of indicators to determine trend of a market at a particular period of time, therefore trend can be determine in various ways


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