#TrendTradingStrategy

Hashtag #TrendTradingStrategy means "Trading Strategy with the Trend".

✴️ Simplified Explanation:

🔹 Main Idea:

Enter the trade in the direction of the trend (upward or downward) and stay in it as long as the trend continues.

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✅ How It Works:

1. 🔍 Identify the Overall Trend:

If prices are rising → Uptrend → Buying Opportunity.

If prices are falling → Downtrend → Selling Opportunity.

2. 📈 Use Indicators to Confirm the Trend:

Moving Averages like MA50 and MA200.

Trend Indicator (ADX) or Trendlines.

3. 💼 Enter the Trade in the Direction of the Trend After a Minor Correction:

Wait for the price to correct (drop slightly in an uptrend or rise slightly in a downtrend), then enter.

4. 🛑 Set a Stop Loss at the Trend Break Point.

5. 🎯 Target Profits as the Trend Continues.

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🟢 Example:

If a currency is steadily rising, corrects slightly, and then starts rising again → Enter Buy.

If it is steadily falling and makes slight corrections then falls further → Enter Sell.

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