They say the trend is your friend. Or, ride the trend until its end. But, what should a trend trader do to ride a Forex trend? Everyone wants to trade trending markets. The problem is that trends do not form that often. However, there’s a catch! Even if a currency pair ranges on the bigger […]
In this live Forex trading example I attempted to trade a bounce from a bearish trend line on the M5 chart of the AUD/CAD Forex pair. This created a nice short trading opportunity on the chart. However, things did not develop exactly as planned and I did an early exit from the trade. Signals of the […]
