#TrendTradingStrategy Trend trading strategies are great because their main concept is easy to understand, although the trading process itself can’t go without strict discipline.

For those unfamiliar, trend trading strategies, also known as trend following strategies, aim for the continuation of the existing trend… and yes, ideally, there is a clear trend – that’s the key prerequisite for this trading approach. In other words, if you see that the price is ascending, you go long. If the price is bearish, you go short. That’s how simple it is… well, in theory.

Even though trend reversals come with many trading opportunities, trend-following traders must be very cautious of them. In the best-case scenario, the trend continues in the same direction for as long as possible to provide great trading opportunities. However, we know currency pairs don’t behave like that, which is why we have to rely on technical indicators to prevent reversals from spoiling our party.