Identifying the Forex Market Trend
Identifying the Market Trend & Identification Systems
The accurate recognition of a strong Forex market trend can lead to the accumulation of major trading profits. Forex currencies trend very well, in long directional moves. During these extended Forex trends, the likelihood of making profitable trades is significantly increased.
Distinguishing Market Trends
There are two main trend types: the (i) primary, and the (ii) secondary trends: