Are you trading with a TREND?

To make stable profits trading Forex, you need to know market trends.

Why traders want to know trends in Forex? Because when they know what is the current trend (up or down) now, they can open a trade in the direction of this trend. Going against the trend is not wise as well as can be costly.

How to identify a trend in Forex? Good question. Look at charts and you will see waves. the price goes up and down making Tops and Bottoms.



when you have higher tops and higher bottoms - you've got an uptrend. When you see lower tops and lower bottoms - that's a downtrend.
I know you will now say "that's easy!". Awesome! We've covered the most important topic about Forex trading: "Trend is your friend, trade with it".