What is Forex and how does it work?
27 November 2015
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Learn everything about Orderflow trading?
- theforexscalper
theforexscalper
Email us now :
info@theforexscalpers.com
Learn everything about Orderflow trading?
theforexscalper
Email us now :
info@theforexscalpers.com
Trends And Structure trading Supply & Demand.
The market moves in 3 structures: uptrend, downtrend and sideways. The whole market revolves around these three concepts – this is how the market can move.
-Up Trend: If the trend goes up the Euro is worth more.
-Down Trend: If the trend goes down the Euro will lose in value.
-Sideways Trend: Prices move in a narrow range.
Trends And Structure trading
In the video below I will go into more detail on Trends and Structure trading in combination with supply and demand trading.
We all know that following the trend in forex trading can be very important.
Of course we can also take countertrades, but the fact remains that countertrends are generally a lot more risky than the trades that go in the trend direction.
Especially for novice traders, the traders with less experience, I strongly recommend not to trade against the trend as long as you do not have enough experience.
Following Trends and structure in trading is also very important, especially if you want to go for a bigger profit.
I often see this happening in my community, then I get the question why did this trade go wrong?
Why did this trade hit my SL? And you often see that a counter trade has been taken with a much too high TP level.
Which is less likely to hit this TP with a counter trade.
With a counter trade if you still want to trade it, I always recommend that you keep a close eye on the trade and always pay attention to possible reversals in the direction of the trend.
Be sure to watch my video if you want to know more about this. I also have more videos on youtube with good explanations and tips.
And of course, don’t forget to like and subscribe to my channel. If you want to know more about my course or trading, feel free to contact me!
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Welcome to my author blog. With over 12 years of experience in the financial markets, Trading is more than a profession for me; it's a passion that has fueled my curiosity and determination. Over the years, I've explored various trading strategies, dabbled in different asset classes, and navigated through the ever-evolving landscape of technology and innovation. Through it all, I've witnessed firsthand the transformation of the financial industry. My mission is to share the wealth of knowledge I've gained over the years with you, my fellow traders and aspiring investors. Whether you're a seasoned pro looking for fresh perspectives or a newcomer eager to understand the basics, you'll find something valuable here.
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