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Hi Trader,

Trend trading is a good way to trade the forex markets. Trading with the trend means that you are trading with the general flow of the market. This greatly stacks the odds in your favor. This is probably the reason why many professional traders prefer to trade with the trend.

Trend and momentum traders often interpret an RSI line above 50 as an indication of an uptrend while an RSI line below 50 is considered as an indication of a downtrend. Other traders consider 40 as a viable support level for the RSI line during an uptrend and 60 as a viable resistance level for the RSI line during a downtrend.

Trades results could vary. Some trades would produce small gains, others would cause small losses. There are also times when price would reverse strongly causing price to hit the stop loss. On many occasions a trade would produce a fair 1:1 return on a risk for a trade. On some instances though, the short-term trend could last a little longer producing huge returns on a trade.

Download This Strategy:
=>> https://forexmt4indicators.com/gann-rsi-forex-trend-following-strategy/

All the best,
Tim Morris

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