forex trend lines

[gaminig]

what are the better indicators that give a good idea of change in the trend from a rise in prices of a currency or a declining trend.

Forex Trend System

[bluewingsAngel]

I think Moving Average and Macd are great. I use them only.

do you guys have any other good idea ? I'd like to learn more from you

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[gaminig]

Hello
I have been searching the WEB for answer to my QQ. Good answer is given by Mark McRae at

http://www.tradeology.com/

he offers a free course of 7 lessons which are very good. try it.

Good Trading

gaminig

[easttech]

I've never had good consistent luck with MACD and stochastics. Metatrader charts come with Heiken Ashi bar charts and they've worked pretty good for me. The trick is to know when to get out of a trade at the right time. I use a couple strategies now to know when, but it took a while to figure it out and a lot of losing trades.

Everyone is different though so the trick is to find the best forex trading strategy you can and stick with it. What works for one person, may not work for another.

Ebook Strategies and Education

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[FibMaster]

I doubt that there is an ultimate perfect trend indicator. Some get you into or out of a trend sooner or later than others. The sooner you get in, the greater the risk of it being a false alarm. The later you get in, the worse your entry and the greater the risk that you miss a good trade..

Some are more sensitive to change than others. Mose sensitive = more risk, less sensitive = less profit (potentially). So there are compromises.

It's the skill of the craftsman, more than the tool he uses. The magic is in the magician, not the wand... Decide on a trend indicator, then learn it's nuances, get really good at using that tool...

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Forex Trend System

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[gaminig]

Expert Fibmaster

Thank you for an insightful answer.

gaminig

FibMaster's Fibonacci Training Videos