moonchild
VIP Contributor
You'll know when a trade is starting to form by paying attention to its characteristics and also how market generally behaves, this takes a lot of back testing and attention and depending on the type of pair you trade you have to do your own due diligence in Gold for example which is what I trade specifically when a trend is about to happen the candles will be very tiny without any formation and you can't actually say if they're forming a higher high or a lower low, everything looks range bound, the best thing to do in such scenarios is to wait.
Because it is signifying a new trend, with time you'll see a breakout and a new trend will emerge
Because it is signifying a new trend, with time you'll see a breakout and a new trend will emerge