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MoneyMage
Feb 4, 2019 10:17 PM

Learning the Basics of an Uptrend Education

Australian Dollar/U.S. DollarFXCM

Description

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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