How To Detect The Ending Of The Trend

Wednesday, December 9, 2015

In FOREX market, there is ABSOLUTELY NO precise method to detect whether the trend has come to an end. If any person or someone come to you and say that he/she can help to precisely detect the beginning or ending of the trend with 100% accuracy, he/she is a big cheater. I said so because there is no way we can control the market.

The truth is we only can manipulate the movement of the market using some technical indicators when we THINK the trend is bearish or bullish, and what we THINK might not turn out to be true, which leads to another trading method known as Psychology Of Trading where we have to deal with our fear and greed.

0 comments: