Are there any trend followers here?

Ary Barroso

Active Trader
Jul 9, 2017
908
71
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Trend is your friend is one very old saying in Forex world. And I think that it is good one to follow. It can make trading much easier and more predictable by following trend. This technique is especially advisable for beginners in trading

Obviously; trend is our friend! I see, in this case (market trend); support/resistant levels play an important role to identify the market trend.
 

Onanak

Trader
Feb 5, 2019
60
2
24
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I agree that today is not very easy to follow trend as it was during 1980s. For example just take eurusd from the end of last year until today and tell me what exactly is trend. There is none. But still, such cases are relatively rare when major currencies are in question
 
Trend is your friend is one very old saying in Forex world. And I think that it is good one to follow. It can make trading much easier and more predictable by following trend. This technique is especially advisable for beginners in trading

So they lose money to forex bucket shops.