How Do I Trade a Forex Price Trend? - How to Define a Forex Price Trend - Example of Price Trend
Traders can identify a forex trend using a forex system that has Three forex indicators - Moving Average Cross-over System, RSI & MACD and using simple rules to define the trend. The forex rules are:
Upwards Forex Trend
Both MAs Moving Up
RSI Indicator above 50 Mark
MACD Above Center-Line
Down-wards FX Trend
Both Moving Averages Moving Down
RSI Indicator below 50 Mark
MACD Below Center-Line
Traders can then write the rules of the trading system & use this forex rules to define a forex trend which they will then trade.
Example of Forex Rules to Define a Trend - How to Define a Trend
Example of a Forex Price Trend on a Price Chart
Example of a Forex Price Trend on a Price Chart - How Do I Trade Forex Price Trend?