Follow the trend!

[Agmaynlaoxma]

The Foreign Exchange market tendencies over any other monetary market out there... so why arent there more fad traders around??
I see these holy grail systems which are filled with indiors. . And frankly I believe indiors are crap. Observing the tendency is the way, in my estimation, to trade in the long term.
Does anyone here follow tendencies?

[lucaluca]

As I said, it is a series of candles making Higher highs and Greater Lows for and uptrend, and vice versa for a downtrend
http://torero.vecino.com/trading-cha...igher-low2.jpg
A reduced is defind as a candle which includes two candles into the left and 2 to the right of it which is higher.

So if a succession of candles is making higher highs and higher lows, then u got yourself an uptrend


currently I concur with all the timeframe component of items, in the sense an uptrend on the 5minute chart could form one bull candle on the hourly so....

The trend is in the eyes of the beholder

[lalifemngwz]

But, would you say that just 3 candles heading up or down is a fashion? Not really. Timescale has to be brought into the equation: how long can a consistent price move have to be to become a fad?