Categories
3. Advance Questions

How to identify a trending market?

Different traders may have different approaches to identify a trending market. Ask your Forex trading coach what his approach is. Usually, a trending market is defined as a market that is forming consecutive higher highs and higher lows (an uptrend), or consecutive lower lows and lower highs (a downtrend.)

In addition, some technical indicators can also be used to identify trends and their strength, such as the Average Directional Movement Index. Your trading coach will show you what’s the best trend-analyzing tool to use based on your trading style.Learn about Technical AnalysisWe’ve got dozens of free courses where you can learn about technical analysis. Instead of repeating lessons from our courses here, we’d encourage you to take them to learn more. Our popular ones are:

  • Take our free course: Technical Analysis Explained
  • Take our free course: Trends, Support & Resistance
  • Take our free course: Japanese Candlesticks Decoded
  • Take our free course: Reversal Price Patterns
  • Take our free course: Continuation Price Patterns
  • Take our premium course: Trading for Beginners

32 replies on “How to identify a trending market?”

Leave a Reply

Your email address will not be published. Required fields are marked *