In the forex faq for this week, we have a question from one of our fellow trader asking about the forex trend strategy.
Below is the question:
I have a question regarding to the trend strategy. You mentioned in the video that we should use 200EMA to determine the trend, what if the 200EMA on 1 hour chart is slightly upward but on 4 hour chart is downward?
To have an alignment of the 200 EMA on all time frame is very difficult. Therefore you have to decide on which time frame you are going to trade with.
If you have decided to use the hourly chart to trade, you will only be interested in the 200 EMA on your hourly chart. What you see on the higher time frame can be used as a guideline on where to place your target profit.
If the 200 EMA on the 4 hourly tells you that the price is in strong downtrend while the hourly chart tells you that the price is in strong uptrend.
You will have to set your stop loss to a lower level as there is a high chance that what you are experiencing on the lower time frame is just a retracement on the higher time frame.
If you have the 200 EMA both aligned on both time frame, you can then set your target profit to a greater level as the price will most likely move in the trend for a longer period of time.
What People are Saying…
Dear Kl, I have to admit that I did a very big mistake by enrolling to your copier service before a week ago.. Only because that I had to do that a long time ago.. I am following your blog like more then 2 years now, learning from you Forex training school! The value I… Read more “Amazed by the results!!”
I have taken your course on the 1st of August 2018 and your signal service has already made me good profits. With your signal service, I get to see the effectiveness of your BTB strategy and I can now totally put my trust into the strategy.
Hi I have just joined your service 1 week ago and you have made me closed to $2,750 profit. Your Fx course is also very exceptional as you made complicated things sound so simple and I have managed to pull 2 profitable trades after learning your strategy. Thks for everything
Hi Mentor I have joined your signal service on 14th March 2018 and I am amazed by the profit you have made for me. You have doubled my account within 2 weeks and I am glad to have found your service. I will be depositing more money into my account today as I really believe… Read more “The Best Signal Service Ever”
I have joined your course and service on the 1st of Feb after the recommendation of a close friend who have been with you since Jan 2017. Personally I have lost a lot of money in trading after using different signal services in the market. Last month was the first time I ever see profits… Read more “You are the real deal!”
Glad to have taken the step to join your FX Service. It is a pleasure to watch how you trade on your platform and really appreciate for the $1,200 that you have made for my account in Dec 2017 Wish you a happy new 2018 year ahead
What can I say. You have been delivering results to my account for the past 9 months. Your course and service is the best investment I have done for myself in 2017
I am in the 4th modules of your course and your strategies are unique and easy to understand. For the fx market analysis trade that was done on 8th Dec (Last Friday), It is really an inspiration to me as this is my first time seeing a 100 pips profit in my account. Now I… Read more “Your Fx Signal Service Really Deliver”
What a trade! From copying your service since July 2017, I have totally improved my trading as I could see live on my account how you trade. Although the service did not do any trade for the entire month of Nov due to your long vacation, the $2,000 profit you have made for me on… Read more “Your Trade Copier Service is Great”
Just to let you know that I had gone through the 4 modules on weekend. Unlike other courses where I have to watch the video for many hours and most of the time, the presenter is simply beating around the bush for some small idea. The presentation of your course is very concise. Really enjoy… Read more “I have absolutely no doubt about the value of your course”
I can’t find word to thank you, you arrange my over-saturated mind, and appear the Forex trading simple like Pro.
Dear Sir Firstly, Thank you so much. I lost 7 trades myself and with your Fx service, it has saved me back with just 2 trades. That was amazing. I recommended your service because it can make money every month and we can just relax and enjoy with family
Nice string of trades indeed. I was pretty skeptical about you when I got those 4 consecutive losing trades and I actually wanted to cancel the service immediately. Luckily I hang on and you have really convinced me with your skills and strategies. By the way, thks for $1,300 profit made from your service this… Read more “Thks for the $1,300 Profit”
Hi Sir I have taken your course in August month and just want to tell you that your strategies are awesome and I have made 400+ pips with just 3 of your strategies last month in September. I am going to activate my trade copier service this month to make more money from trading. Thks… Read more “Make 400+ pips with your strategies”
Hi Thank you for the profits. You are the best. I have been using your service for the past 9 months and you have never failed me once. You have changed my life.
I am very interest in your forex course and trade copier I joined a trade copier service this year which was a disaster. They opened trades on a large number of pairs with no stop loss. At one stage they had 40 trades opened at 0.01 lots and the draw down wiped out my account.… Read more “Problem with other trade copier service”
Hi Amazed with your trading strategies with a very strong “mental” With straight few losses, you still go ahead what you belived and won back at last. Great !!!
Good day Thank you for explaining Gartley pattern so nicely. I previously saw it explained in other courses but I did not get it until now. Lee, it seems that I missed some profitable trades when I look at your blog on the 2nd Oct and I think it is because my hosting is not… Read more “Thank you for explaining Gartley pattern so nicely”
Just want to let u know that I made $2,250 with your service last month. You really deliver your promise. I am Glad to have trusted you. I will be recommending my friends to your course as well
Hi! Good day Your course are so wonderful. I have gone through them over and over again. I tried trading immediately with the knowledge but it actually did not work out as I thought and I lost some money. I studied them some more and tried again with a demo and voila!!!
Dear Mentor Good morning Sir. I am happy that I’m learning GOLD information from your Fx course. 🙂 You are truly a gifted teacher. Someday I’ll send you a present from Philippines. 🙂 that’s a promise
Hello! Thank you for getting back! The very first module is so profound and illustrated with the different market situation examples. I find it very informative, yet easy to understand the concept. Thank you for sharing your knowledge, experience and skills Your student – Ruta
Hi This month was a good outcome I have calculated that if I followed your trade copier with $1,000 balance and fixed 0.8 lots for each trade. I will make a profit of $573.89
Hi Mentor I have just joined your fx course last Wednesday and activated my 30 days trial on Thursday with my $5,000 account. I was stunned when I see that I have a profit $1,900+ on Friday. The profit I have made has far exceed the fee I have paid and this is like a… Read more “The Profit I Made with your Strategies Exceed The Fee I Pay”