MoneyMage

Learning the Basics of an Uptrend

Education
FX:AUDUSD   Australian Dollar / U.S. Dollar
This is the definition of an uptrend. An uptrend is the appearance of higher highs and higher lows, which creates the uptrend. It's best to enter the trade when the market price is at its low and remain through the trade, during retracements or "pullbacks" until the trade nears consolidation, where you'll likely catch a few hundred pips in the process. Understanding the basics is important in making a profitable market entry.

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MoneyMage

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