Forex Trendy Review – How I Use This Forex Trading Tool – YouTube

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" Comprehending the Myths Of Market Trends as well as Patterns"

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This video is a Foreign exchange Trendy evaluation video, Foreign exchange Trendy being a Foreign exchange trading tool which I've lately located.

So, what is Foreign exchange Trendy? It is a subscription site where it is scanning 34 money sets on 9 timeframes from one min to one month which implies it is scanning 306 charts.

It is looking for 2 points, currency pairs with consistent fads, and money sets displaying certain patterns.

So, to speak about the patterns. Foreign exchange Trendy takes a look at 200 bars on each duration, and will certainly list the currency couple with one of the most constant fad, the trend being defined by if you draw a line from one edge of the graph to the other edge, there will certainly be multiple touch factors. It then orders these by the most affordable trend drawdown, the drawdown being what is the biggest quantity of pips that broke the pattern in the given timeframe. Theoretically (according to the ebook which is also offered to educate you regarding these 2 Forex trendy strategies), the reduced the drawdown, the much more trusted the trend. Much less than 20% is good, much less than 15% is even more dependable, and also the unusual much less than 10% is much more reliable still. So one possible way to trade this could be simply to enter your sell line with the fad as well as area your stop bigger than the worse-case draw down.

Relating to the patterns, it checks for where there are assistance and resistance lines with a minimum of 3 touch points, as well as which develop a network. It purchases these into two classifications, "Completed Patterns" which are where there was a pattern but cost has actually damaged the assistance or resistance. "Arising Patterns" are where there is a pattern which cost has not yet damaged.

My trading style is to recognize what the major Macro chauffeurs are to select the marketplaces that I want to trade, then to consider current sentiment (are we in a danger on or run the risk of off setting), after that to use technicals to specify my access and departure factors for the marketplaces I intend to trade. So I am not simply placing trades on based simply on what Foreign exchange Trendy is showing me, but I am using to offer me new trading concepts, particularly for currencies I do not normally trade, e.g. the SEK.

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Forex Trendy Review – How I Use This Forex Trading Tool - YouTube

Download Free Book: http://www.seemytrades.com/Freeforextrendybook
"Understanding the Myths Of Market Trends and Patterns"


For more information:
http://seemytrades.com/forextrendy

This video is a Forex Trendy review video, Forex Trendy being a Forex trading tool which I’ve recently found.

So, what is Forex Trendy? It is a membership site where it is scanning 34 currency pairs on 9 timeframes from one minute to one month which means it is scanning 306 charts.

It is looking for two things, currency pairs with consistent trends, and currency pairs exhibiting specific patterns.

So, to talk about the trends. Forex Trendy looks at 200 bars on each timeframe, and will list the currency pairs with the most consistent trend, the trend being defined by if you draw a line from one corner of the chart to the other corner, there will be multiple touch points. It then orders these by the lowest trend drawdown, the drawdown being what is the largest amount of pips that went against the trend in the given timeframe. In theory (according to the ebook which is also available to teach you about these two Forex trendy strategies), the lower the drawdown, the more reliable the trend. Less than 20% is good, less than 15% is even more reliable, and the rare less than 10% is even more reliable still. So one possible way to trade this could be just to enter your trade in line with the trend and place your stop larger than the worse-case draw down.

Regarding the patterns, it scans for where there are support and resistance lines with at least 3 touch points, and which form a channel. It orders these into two categories, “Completed Patterns” which are where there was a pattern but price has broken the support or resistance. “Emerging Patterns” are where there is a pattern which price has not yet broken.

My trading style is to understand what the main Macro drivers are to decide on the markets that I want to trade, then to look at current sentiment (are we in a risk on or risk off environment), then to use technicals to define my entry and exit points for the markets I want to trade. So I am not just putting trades on based purely on what Forex Trendy is showing me, but I am using to give me new trading ideas, particularly for currencies I don’t normally trade, e.g. the SEK.

Download the Forex Trendy strategy book for free:
http://www.seemytrades.com/Freeforextrendybook

For more information:
http://seemytrades.com/forextrendy

Watch Again: https://youtu.be/mF5LAyhANHI

Read my blog: http://seemytrades.com/
Resources: http://seemytrades.com/resources/
Facebook: https://www.facebook.com/See-My-Trades-858893800885808
Twitter: https://twitter.com/SeeMyTrades
Disclaimer: http://seemytrades.com/disclaimer

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4 Replies to “Forex Trendy Review – How I Use This Forex Trading Tool – YouTube”

  1. Jože Skočir

    Hi sir, my name is Jože, can I ask you ,if Forex Trendy still works for you, It is been a while now . . . . thank you in advance for replying back to me, I will be glad any info about Forex Trendy. Best regards

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