A rising tide lifts all boats. Regarding foreign exchange, no assertion has ever been more accurate, effective, or lucrative. But what exactly is the pattern, and how do we characterize it? A currency’s tendency is defined as whether or not it is currently appreciating or depreciating. Still, as a trader, I am more concerned with what the money will do shortly.
This is how I propose we identify a trend. Anyone can glance at a graphic and recognize an upward (or downward) movement (uptrend or downtrend). As traders, however, we must guess whether the currency’s upward trend will persist. Likewise, if a coin is falling, should one expect it to keep falling or to change course and rise?
So, how do you foresee the future course of trends?
As a professional trader with over a decade of expertise, my business partner and I developed two original trend tools that can’t be found anywhere else. We charge $2,000 for this program, but anyone who likes what I say about it and how to make money with it can download it for free by clicking the buttons below.
The trend is evaluated in two different methods!
To give you a sense of the full scope of the market, our fx power index instrument calculates the relative strength or weakness of every currency in use today. The most traded coins are the Euro and the US Dollar, or EUR/USD. The Euro is compared to the Pound. What direction is it taking versus the pound? If the euro is rising, it is powerful; if it is falling, it is weak. Every possible combination is compared similarly using our state-of-the-art statistical methods. Let’s say the Euro is competing against the Pound, the Canadian Dollar, the US Dollar, the Japanese Yen, the Australian Dollar, the New Zealand Dollar, the Swiss Franc, and so on.
The euro-dollar index rises when the euro is robust, and the US dollar is weak or weaker. In the same way, a rising GDP/USD ratio indicates a weak US dollar, while a falling ratio indicates a robust currency. We, therefore, anticipate USD weakness relative to the currencies above.
Our software performs millions of computations, analyzes the data, and then provides a percent green (strong) or red (weak) reading, saving you the trouble of poring numerous charts. Both the charts and the “hotlist,” which ranks currency pairs from strongest to weakest and instantly creates links between them, provide this information, and we’ve made it even simpler to zero in on the best teams to trade. Candles represent the statistical power or weakness, and we plot them! Darker green indicates greater strength, while paler green indicates less. The same holds for liability, with dark red denoting extreme weakness and light red showing mild weakness.
We also do the following to help you earn even more money in the trading world.
A trend’s rate of change can be gradual, average, or rapid.
Therefore, the fx multimap is provided to illustrate the magnitude of the patterns. Here, you can see the relative statistical strength or weaknesses of various currencies, thanks to our exclusive application. We also conduct statistical analyses to determine each coin’s strengths and weaknesses.
The normal range for reading is 0 to 50. From 0 to 10, the trend is mild; from 20 to 30, it is moderate; and from 30 to 50, it is solid and likely to persist. Now that I understand your instruments’ capabilities, please tell me how I can profit from them. The most challenging portion is over; we’ve already done 95% of the legwork for you by identifying the currencies with the highest and lowest probability of continuing their current trends.
First, I want to be completely forthright with you. Trading losses are inevitable. It’s a regular aspect of the business world! It’s ridiculous to believe that the holy grail of winning exists. However, the key to earning money in trading is to incur few losses, experience many draws, and occasionally realize significant gains.
Overall, our strategies are effective 60% of the time. Some days, they have a win rate of 80% or more; on others, it’s closer to 40%. When correct, however, we often see massive price swings of 30, 50, or even 100 to 150 pips. Five to twelve dots are lost.
If you are incorrect 6 out of 10 times, you are still correct 4. Let’s pretend your average loss per losing transaction is five pips, seven pips, ten pips, 12, etc. That’s six setbacks or 56 points. You’ve had four successful transactions, with gains of 12 pips, 15 pips, 30 pips, and 50 pips, respectively. One hundred seven points, to be exact.
The result is a 107-56 = 51-pip benefit despite being correct only 40% of the time. Here’s how to use our trend tools to zero in on the best times to purchase and sell.
Wait for a small countertrend move down of 10–20 pips when our software identifies currencies with upward solid momentum; draw a trend line over the highs of the down move; and finally, purchase when the price moves back above the trend. You should position your stop loss 5–12 pips away from your entry, under the last swing bottom. All new traders receive one week of free forex classes after establishing a brokerage account, where they are introduced to our easy exit methods. Without charts, it’s challenging to describe how we use to support and resistance levels for exits, Fibonacci retracement levels, chandelier trailing stops, and trendlines. You can expect 30-100 pip swings in your advantage as many of these trends suddenly accelerate.
When trading in weak currencies, you should do the reverse. The best time to enter a trade is when the price bursts through a trendline drawn under the lows of a countertrend move of 10 to 20 pips.
On our website [http://www.leveragefx.com], we detail how to download our complimentary forex software.
Donnell, Chris
LeverageFX
800-439-9125
Forex Trading Platform & Broker.
Read also: https://shreesacredsounds.comtrading/
