SigmaForex Strategies

All Forex trades somehow capitalize on trends as the price moves from where you entered to where you exit; some trends being more obvious than others. The trader’s cliché is true, in that the “trend is your friend” while you are moving towards greater profits, “until it ends” at which point you need to quickly get out. You could conceivably trade (mostly by luck) without being aware of the trends, but by following the trends you’ll consistently be able to capture substantial gains. Being able to trade through the duration of a trendwill allow you to maximize the possible gains. Thus the trick is to be able to get in early on a trend and to stay as long as possible on it. Historically, trend-followers have made more money off currencies than any other market.No matter how you slice ‘n’ dice it trend following systems are the strategies that ultimately work. Whether you are observing and trading along huge trends on the large charts (i.e. daily, weekly, or monthly), or go to midsize trends (i.e. on hourly charts), or go to the opposite end of the spectrum and surf/scalp micro/petit trends, then you are engaging into trend following strategies regardless of the scale. Essentially all trading relies on trends to some extent – Fibonacci swings consists of smaller trends (minimum 3 main trends consisting of countless smaller scale trends within those) within a larger trend, range trading is simply trading along smaller trends within the broader sideways trend, pattern breakouts are simply the start of a new trend, moving averages indicate a trend (in fact all indicators basically do), and you can go on and on pointing out how virtually any technical trading method is simply an advanced adaptation of trend following.

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