What is a TREND in the Forex market? A trend is a way of analyzing price movement over a period of time. This trend could be an up or down trend. Let me illustrate what a trend can be compared to in the market; all marketers know that if something is in fashion, the best way to make profit is to sell that thing in fashion, selling something else would be going against the trend which would not be profitable. Likewise in the market to be successful trade with the trend. If the market is on a down trend, which means that prices are dropping, trading as if you where in an uptrend would be bad for business. If the market is on an uptrend, which means that prices is rising, trading as if you where in a down trend would not be wise.
There is a common saying; the TREND is your FRIEND. Don’t walk up a down escalator or don’t walk down and up escalator in a mall you may hurt yourself. In the market you may loss all your money which will be equal to hurting yourself.
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