US Dollar Currency Index is close to the critical support line.
Trend ID indicator was used for setting the trend.
Principles of trend trading:
1. Follow the trend.
2. Look for LONG opportunities in the UPTREND and for SHORT opportunities in the DOWNTREND
3. Use Heikin-Ashi candlestick chart to filter out the noise.
3. The stronger the trend is, the harder it is to change it's direction.
4. Do NOT look for tops or bottoms.
Trend ID indicator was used for setting the trend.
Principles of trend trading:
1. Follow the trend.
2. Look for LONG opportunities in the UPTREND and for SHORT opportunities in the DOWNTREND
3. Use Heikin-Ashi candlestick chart to filter out the noise.
3. The stronger the trend is, the harder it is to change it's direction.
4. Do NOT look for tops or bottoms.