There are mainly three types of forex trend:
If trend is up, forex direction will be coming down in a pattern of higher highs and higher lows. Here, our preference is to trade with forex trend, direction will be to assume up by going long.
Likewise if trend is down, forex direction will be moving down in a pattern of lower highs and lower lows. Remember, we always want to trade with forex trend, direction will be to assume down by going short.
Prices can either rise or fall. In trading forex, you could trade in either direction (either buy or sell).
Going long or buying
Going short or selling
“Live” actions and reviews from our students directly from our social media accounts. We don’t tweet winning trades only. We tweet losing trades as well. It’s just that we have more winners. Follow @terraseeds in twitter for live trades and forex ideas.