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 Post subject: Trend How to get them
PostPosted: Fri Feb 19, 2010 2:45 am 
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Joined: Sat Jul 11, 2009 3:02 am
Posts: 36
Dear friend,

many many many still less educate on this topic Trend and how to look for them on the chart to help us which direction do we follow to as many say Trend is your Friend.

My question is that How about if i want to trade on 5m TF which TF do i choose to guide me when trading?

Suppose i go to the 1hour Tf and i open it, what did i do first there to find the trend before i open pos with 5min tf? I look for HH HL or i look for one candlestick there only on 1 hour chart.

one candlestick bear 1H TF represent one hour down trend on 5min chart right, please correct me friend ok tq.


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 Post subject: Re: Trend How to get them
PostPosted: Sun Feb 21, 2010 11:31 am 
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Joined: Sun Feb 21, 2010 11:00 am
Posts: 13
abaj98 wrote:
Dear friend,

many many many still less educate on this topic Trend and how to look for them on the chart to help us which direction do we follow to as many say Trend is your Friend.

My question is that How about if i want to trade on 5m TF which TF do i choose to guide me when trading?

Suppose i go to the 1hour Tf and i open it, what did i do first there to find the trend before i open pos with 5min tf? I look for HH HL or i look for one candlestick there only on 1 hour chart.

one candlestick bear 1H TF represent one hour down trend on 5min chart right, please correct me friend ok tq.


1H has 1H trend. The pips is higher.
5M has 5M trend. The pips is smaller.

If you could see 1H has a new trend, then go to M5 looking for a good place for entry.
If you could see 1H begin to weak, then go to M5 looking for the best place for exit.
In other words, you are using 1H to identify a new trend and a weaken trend.
5M only just for a good position to place and exit your trade.

Some might say, trade M5 according to 1H trend or daily trend. I wonder if we all could see 1H trend, it is only one trend that you could trade, by putting more bet instead of putting multiple times of bet for one trend as we will lose the spread for every trade we enter.

The solution is :
a) It's not the timeframe that guide you, but the timeframe for you to feel comfortable to play with.
b) the smaller timeframe, the more pressure you will have.
c) H1 would have a bigger pips for a trend compares to M5 has a smaller pips for a trend.
d) When we say H1 is downtrend, ofcourse M5 forms a lot of noice (up and downs) and finally down.

So Trend how to get them....basically it is
a) Sideway Trend
b) Break the Trend
c) Break Trend is weaken.

Try to look for Bollinger Band.
Exactly forex is really a confusing place unless you know what you are doing. Meaning everything H1, M15, M5, M1 is just a system of drawing. If we say Daily chart is down trend, you are actually trading a daily chart. The smaller TF is just addition of drawings for you to see.


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