How To Catch A Trend In Forex Trading.

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
 

FinTrader

Active member
I look at higher timeframes and wait for a breakout of the trend line and price consolidation below/above it. After that, I wait for a signal to enter the market following a new trend on lower time frames. It is also important for me that some kind of pattern is formed that confirms the entry.
 
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