Most forex traders make money whenever the market starts to trend. This is because trending markets implies strong volatility moving generally in one direction. Traders make money whenever there is sufficient market movement or volatility. However, price would have to move in the direction predicted by the trader instead of moving back and forth within a short range. Trading in the direction of the trend allows for huge profits because it provides both aspects of volatility and trade direction. Trend reversal strategies are probably some of the highest yielding trading strategies. Trend reversals strategies implies that traders are able to…
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