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5 Trend Following Rules to Follow 🖐️
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5 Trend Following Rules to Follow http://www.financial-spread-betting.com/academy/trading-with-the-trend.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! These are 5 rules we could do well to follow if we're trading with the trend.
Having the broader trend behind us makes everything easier.
So if we're trend following
- Trends move in different phases - trends don't go up in a straight lines; there are retracements in trends.
- Expect a continuation, not a reversal.
- The first counter trend move often catches out the most.
- A trend will continue longer than you think. It is all about supply/demand imbalance.
- Trends will keep moving unless there's a catalyst opposing it.
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