Simple and Best Uptrend trading method for forex, future trading and Binary option:
Uptrend trading brief example:
Use candlestick chart
wait for market to reach support trend then go for long trade after the third
candle breaks the second candle high with last support level stop loss.
In
this post I am going to give more details about uptrend market strategy with live example. This simple trading method
can use it for fx trading, stocks, index future and binary option too.
To
trade on this simple trading strategy all you need is, two trend
lines and you should know your instrument nearby low and high price.
In the below picture I attached Metatrade-04 eur/usd
1hr candlestick chart for trend trade strategy. The first picture shows the
initial preparation step for uptrend following strategies, in this trend
picture I just laid two trend lines which is near low and high market value,
and I am waiting for a new opportunity to go for long trade nothing but buying
order on uptrend market.
 |
| Uptrend or Bull trend initial setup |
The second uptrend picture shows how the market
follows the trend line which we drawn before the market react. Our pre drawn
trend line generated more opportunity to buy and sell trading signal which was
generated with the simple trend following system.
From this trading signal my first buy position with stop
loss level eur/usd currency moved more than 100 pip without any complex.
The best option in forex trading system is you can
sell on uptrend market and can earn money while markets on reverse direction, learn
to trade this reveres method too.
When the market reach to new high by touching our
uptrend line go for long position close order, use tailoring stop loss or can
go for short sell.
 |
| Uptrend target reaching chart |
By going on short sell trade at this new high you
can lock the buy position profit and more possibility to make short sell profit
on bull market.
The second buy position generated after a long
trading hour and by this time our first buy position is making profit and this
new second buy order join in uptrend trading method same way third buy order in
line. At the third market new high level overall market moved 200 pip here we
can conclude our self to go for close trade with decent profit from this bull
trend trading system.
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