Five trading tips and techniques to identify trends.
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Trend Indicator #1
The first tool that you can use to help you identify the direction of the trend is a line chart. So for example, if you look at this, alright, this is a normal, typical candlestick chart. And for those of you who are seasoned, right, you might probably guess already that you know, hey, you know, the trend is towards the upside. But for newer traders who are struggling, right, to even see this, alright? You can use a line chart to help you better visualize it. Here's an example, right. This is the same line chart as you saw earlier. And because you're only focusing on the lines, right, the trend now becomes more apparent. So, if you're often, right, struggling to identify the direction of the trend, try changing it to a line chart, right, and it might help you see better, okay?
Trend Indicator #2
The second technique, right, that I want to share with you is price action, right? How you can use price action to identify the direction of the trend. And it's quite simple. What you're trying to do is to locate the swing-high and swing-lows in a market, because you know, in an uptrend, it consists of higher highs and higher lows. So in this example, you can see that you have a series of higher lows, higher lows, higher lows, higher lows, and higher lows. Right, so this tells you that the general trend is toward the upside. And vice versa, if you see, right, a series of lower highs, right, in this case, a series of lower highs, lower high, a lower high, a lower high, a lower high, it tells you that the trend is towards the downside, okay?
Trend Indicator #3
So the moving average is a simple indicator that pretty much sums up the historical price on the charts. So for example, a 200 period moving average takes the closing price over the last 200 candles, alright, and plop it as a line on your chart. So as you can see over here, right? This case, right, this black line over here, is the 200-period moving average. So a very simple technique that you can use is that if the price is above the 200 period moving average, then the longterm trend is up. Okay, let me repeat once more. If the price is above the 200 period moving average, then the longterm trend is up. So this means, right, you don't have to note it into account the swing-high and swing-lows in a market. So for example, in this case, you, at this point, right, you have a lower high over here, right?
Trend Indicator #4
The fourth thing that I want to share with you is what we call a trend line. So a trend line is something like support and resistance, but the only difference is that a trend line is diagonal. It's pointing towards a direction, okay? So you can see that a trend line, this case, right, tells you the direction of the trend as well, because if the trend line is pointing higher, it's slanting upwards, it tells you that the trend is towards the upside. And also, just like the moving average, right, the steepness of the trend, right, the steepness of it, the angle of it, tells you the strength of a trend. If you see a trend-right, that is very steep, right, almost parabolic, and it's telling you that the trend is really strong.
Trend Indicator #5
So, the trend line is another way that can help you identify the direction of the trend, and gauge the strength of it. And also, right, another variation of a trend line is what we call a trend channel. Right, so a trend channel is like a trend line. The only difference is, right, and you have this upward boundary over here. So if you remove this upward boundary, this is just a typical trend line that you see. Alright, but now with this upward boundary, it gives you a cap, right, to tell you where the price, where the market may potentially find resistance.

By Stock Chat

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30 thoughts on “5 amazing trend indicators for profitable forex trading”
  1. Avataaar/Circle Created with python_avatars Jorge Camara says:

    Thanks for the information you are the best

  2. Avataaar/Circle Created with python_avatars Shanu says:

    Got new learnings as always❤

  3. Avataaar/Circle Created with python_avatars as ask says:

    Good like always

  4. Avataaar/Circle Created with python_avatars Samuel Babua says:

    how come you have never done a real trade.

  5. Avataaar/Circle Created with python_avatars Rosa Cas says:

    interesting points ,if anyone else wants to learn about most reliable trading indicator try Franaar Unrevealed Strategies Formula (just google it )?

    It is a smashing one of a kind product for increasing your trading skills and cashflow without the headache. Ive heard some great things about it and my friend got amazing success with it.

  6. Avataaar/Circle Created with python_avatars Manish Patel says:

    Great Informative 💖

  7. Avataaar/Circle Created with python_avatars Valdas Pekūnas says:

    I respect him for creating content etc., but this is not the right title and those "indicators" are very subjective and those advices are too general. Forex trading is all about strict entries and those "channels" would get 100 people into different entry points.

  8. Avataaar/Circle Created with python_avatars EASDC says:

    Useless

  9. Avataaar/Circle Created with python_avatars coffee club says:

    your voice is tooooo ugly

  10. Avataaar/Circle Created with python_avatars sam says:

    The only one of these that are actually indicators are the moving average. This ridiculous

  11. Avataaar/Circle Created with python_avatars Keanzter says:

    What indicators?

  12. Avataaar/Circle Created with python_avatars marc peter says:

    Thanks for wasting my live time you not at all presented one indicator you shut delet this Video!

  13. Avataaar/Circle Created with python_avatars Roan Nabben says:

    Man that intro had me in tears for 10 minutes lmao

  14. Avataaar/Circle Created with python_avatars Elijah Adenekan says:

    Thanks Rayner for the video, just wanted to know if you have a video specifically made for moving average, on how to use it and like everything about it. Thanks

  15. Avataaar/Circle Created with python_avatars Emily Jones says:

    What is the best forex indicator available today?

  16. Avataaar/Circle Created with python_avatars ibrahim ndigah says:

    Appreciated

  17. Avataaar/Circle Created with python_avatars Charm m says:

    Hi!what is the best site for forex trading?

  18. Avataaar/Circle Created with python_avatars Muhd Firdaus says:

    The moving everage,100,50 and 20. Using Simple MA or Exponential MA?

  19. Avataaar/Circle Created with python_avatars Hipplel says:

    Indicators should not be in the title

  20. Avataaar/Circle Created with python_avatars 704Woman says:

    You provide so much value. Thank you!

  21. Avataaar/Circle Created with python_avatars Baboloki Modisang says:

    Keep up the good work Rayner i get so much knowledge from you each time i watch you video.

  22. Avataaar/Circle Created with python_avatars Yong Quan Ng says:

    Hi. one of the indicator to define the Higher high and higher low is Zig Zag Line. Zig Zag line is very useful in Forex trading as well.

  23. Avataaar/Circle Created with python_avatars sinethemba ngqula says:

    Thanks Rayner. I have been trying to download your guides but have been failing

  24. Avataaar/Circle Created with python_avatars Akintayo felix Akande says:

    RAYNER, GOOD PRESENTATION

  25. Avataaar/Circle Created with python_avatars Vijayakumar V says:

    Sure video Rayner, with good information to brushing up on basics…

  26. Avataaar/Circle Created with python_avatars ess mac says:

    Thanks Rayner!

  27. Avataaar/Circle Created with python_avatars Arman Absar says:

    Thanks bro.great video

  28. Avataaar/Circle Created with python_avatars rupesh rupesh says:

    very well expained

  29. Avataaar/Circle Created with python_avatars Mark H De Lucia says:

    Rayner, I guess you're the only mentor that I'll ever have on my trading journey. I do wish you still continue to leverage your successes. It was really nice meeting a guy like you. I'll still be a spectator and just gonna be around. Take care of yourself. "Balance is Key"

  30. Avataaar/Circle Created with python_avatars Bang Hotang says:

    How if I use it to stock?

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