Part 1 : follow trend price action 60 pips / Day

Heloo In this articles I will explain to you How to trade Forex using Trend Price action , I will explain that step by step , that's allow you to Earn at less 50 or 60 pips per day !!
In the part 1 of this method I will explain to you what is trend ?
You have detected lots of times the old saying " Trend is your friend " well you've got detected it as a result of it is the truth , therefore If you wish to success on trading you've got to understand all the time what the trend is as a result of the trend signifies sturdy conviction from the overwhelming majority of market traders that the honest worth , honest price of a particular currency combine ought to be higher than or below the present level at that point so that they all cooperate and push the worth up or down making a trend this fashion .
but allow us to see what a trend really is from a technical purpose of read , a trend could be a series of impulsive sturdy moves in one direction , every of them followed by tiny corrections or retracements . let's visualise a textbook trend :

We have within the on top of footage a perfect uptrend and a downtrend as you'll see they contains sturdy directional moves followed by smaller moves within the other way that ar in truth shaped by traders taking some profits from their positions . this alternation of impulsive moves with punitory ones kind what ar referred to as high and lows.

For an uptrend the high is created once the punitory move starts and therefore the low is wherever a similar move ends and value resumes the trend . for a downtrend things work the opposite approach around which means that a coffee is created at the start of a correction and a high takes form at the top of a similar correction and value resumes the downtrend .
in the examples on top of will you'll be able to see that these highs and lows can easely be connected with a line.  to conclude this , we've got an uptrend once the price starts to create Higher highs ( HH ) and higher lows ( HL ) and that we have a downtrend once price is creating lower highs ( LH ) and lower lows ( LL ) a bit like within the footage on top of . straightforward enough . sadly . trends thus straightforward and clear like those on the top .

We have on top of one uptrend and one downtrend , this is often be around the nighest that real market trends can get to correspond those ideal textbook trends . it does not get any easier than this in real market conditions . but trends like these 2 on top of square measure rare particularly within the forex market that is understood to be a really volatile market .

Even in these clear trends you'll be able to see that there square measure some variations , there square measure some smaller trends contained within the larger trend . let's have a look at currently however a lot of common trend for the forex market will appear as if :

This is a Downtrend but you can tell it is more complicated than the previous ones just by looking at it . there are some important rules I designed to help you correctly identify and mark the components of a trend , I will explain that at the Part 2 !

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