DTTP 064: Trading Strategies For Trending Markets – Part 3
The Guide To Forex Trading Strategies – Part 3
Trading Strategies For Trending Markets
In Part 3 of episode 64 of the Desire To Trade Podcast, I decided to discuss a very popular topic: trading strategies for trending markets. I recorded a 3-part Guide To Forex Trading Strategies so we can set you up with a plan as soon as possible.
I’ve seen a lot of traders trading with absolutely no plan expecting they would succeed, so I want to make sure I address this topic.
In fact, you’ve probably already heard the saying “trading is simple but not easy”, right? Well, it is when you have a plan and a strategy to execute on.
I agree that executing on that plan will be the hardest part, but we have to cover things step-by-step here.
In Part 3 of the Guide To Forex Trading Strategies, I’m explaining how to trade in a trending market. That can be a highly profitable type of trading, especially due to the fact that trends are usually strong in the Forex market.
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How to create a trend trading strategy Click To TweetWhat’s Covered In This Episode?
- How to identify a trend
- What areas you can consider trading in a trend
- The indicators that can help you trade pullbacks/retracements
- What to expect in trend trading
- Keys to make any trading strategy more profitable
- And much more!
What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!
Resources
- One book to read: Stan Weinstein’s Secrets For Profiting in Bull and Bear Markets
- Another book: Technical Analysis for the Trading Professional
- My lesson: The Exclusive Lesson: Understanding The Market
DesireToTRADE’s Top Resources
- DesireToTRADE Forex Trader Community (free Facebook group!)
- Complete Price Action Strategy Checklist
- One-Page Trading Plan (free template)
- DesireToTRADE Academy
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3 Comments
Brilliant Info on Trend Trading Boss!!!
I use a Stochastic-O and 10 EMA and 20 SMA to help me with Trend Guidance!!!
Make sure you are consistent with it. That’s key! But looks like you’re on your way with the Academy Johann!
Absolutely Boss,,,Appreciate all Your Help and Support!!! Have a Fab Weekend,,,,God Bless.