From our point of view the most perspective forex trading strategies are trading strategies which are based on determination of trend and trading by trend.
A market can be in two conditions: in the condition of trend and in the condition of flat. The market lasts about 70% in a flat condition, and 30% in a trend one. Basically because of this, it is more perspective to develop flat forex trading strategy.
Are these statements true?
We adhere to other point of view: flat is part of trend of higher-order. What does it mean? It means that if you trade on timeframe H1 and defined a market condition as flat, than possibly on timeframe of higher-order (H4 or D1) we are in a condition ....
Read more>>>>