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Trendtrader

EDUCATION _Trend duration All trends can be divided by: short-term; medium-term; long-term. To determine the duration of a trend, you need to use senior timeframes. In classical theory, trends are divided into annual, monthly and daily trends. For scalping, as a rule, we have enough: define a long-term trend on a 1-day chart; medium-term trends will be 1-4 hours; short-term trends at 5 and 15 minutes. Thus, we can see the picture, when a single long-term trend consists of several medium and short-term trends. This is often the mistake of beginners. They put one frame, like 5 minutes, define trends, but forget to define medium- and long-term trends. And then they wonder why this price has suddenly turned around at 5-minute. That's why on another timeframe the picture looks different. Say, what do you see on these 5 minutes? Does the price, like an abnormal price, fall down after a side movement? Absolutely. Thus, we can see the picture, when a single long-term trend consists of several medium and short-term trends. This is often the mistake of beginners. They put one frame, like 5 minutes, define trends, but forget to define medium- and long-term trends. And then they wonder why this price has suddenly turned around at 5-minute. That's why on another timeframe the picture looks different. Say, what do you see on these 5 minutes? Does the price, like an abnormal price, fall down after a side movement? Absolutely. the same chart looks like on the 4-hour time frame: It is very important to understand where we are in the trend. You can see the types of trends in this post: Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
TVC:UKOILEducation
by Yuriy_Bishko
30
CADJPY Short trade present.Morning Traders Working the H1 chart on the CADJPY pair here and after a successful long trade a sell signal has presented at 10 am UK time. I know enter the sell and follow the trend until next signal. That is how I work this strategy but you can adapt the strategy for to your own needs and for example if you worked to a take profit target you could of choose any of those take profit targets in the previous trade and would of banked good pips. For more information on the strategy drop me a message.
Short
by RichScott
BUY: BTC/USD## OUR APPROACH: - 100% Systematic Trend Following Trading - Trading Long and Short Signals with a medium-term time frame to capture +50% price moves - Always protect your position with a stop loss (initial stop loss turns into trailing stop loss) ## TRADING LONG SIGNALS: - Go long as the price closes above the "orange" solid Channel Line - The "purple" dotted line always shows your current stop loss (it is trailing) - Ride the trend as the price moves up - Exit the position only if the price closes below the trailing stop loss ##TRADING SHORT SIGNALS: - Go short as the price closes below the "orange" solid Channel Line - The "purple" dotted line always shows your current stop loss (it is trailing) - Ride the trend as the price moves down - Exit the position only if the price closes above the trailing stop loss ##WANT TO APPLY THIS SYSTEM TO YOUR TRADING? - Reach out to us via the message function on Tradingview to get access to this Pine Script on Tradingview ## OUR TRADING SETUP (Hit the links below to sign up for the services we love!) - Data and Charts by Tradingview: tradingview.go2cloud.org - Trading on Binance: www.binance.com - Trading on Bitfinex: www.bitfinex.com ## OUR FAVORITE BOOKS - Trend Following Trading – How to make a fortune in Bull, Bear and Black Swan Markets amzn.to - Trend Commandments – Trading for Exceptional Returns amzn.to - The Rule – How I beat the odds in the markets and in life – And how you can too amzn.to - Market Wizards – Interviews with Top Traders amzn.to
BITSTAMP:BTCUSDLong
by TrendTradingProfits