adamhylandnew1

Trend Trading Techniques and Strategy!!!

Education
FX:GBPJPY   British Pound / Japanese Yen
In a strong trending market, it is important to find entries at the high probability zones i.e. Fib Retracements. Ideally within the .382 - .618 zones. It may be tempting to enter the market during a period of strong momentum, but itmust be known that every strong trend contains correction phases, this is where you capitalise on the trend momentum. Entering the market mid-impulse can work occasionally and can be misleading to the beginner trader, over a long period of time this just wont work(All profitablilty and success of a trader comes from a long period of trades/ time trading, one trade does not determine success). Once price has corrected to the ideal Fib zone, you can now look for an entry setup to capitalise on the potential momentum shift and continuation of impulse.
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