for newbies traders who want to learn forex basic and trade.This collection of Forex trading strategies and techniques is dedicated to help beginners in their research and developement of workable trading styles and trading systems.
Sunday, November 1, 2009
Trend Following
Trend following, a strategy used in all trading time-frames, assumes that financial instruments which have been rising steadily will continue to rise, and vice versa with falling. The trend follower buys an instrument which has been rising, or short sells a falling one, in the expectation that the trend will continue.
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