I tried to use the search function, but a search for "trend" turned up a ton of results, believe it or not.
My question is how do you know what the trend is? Take EUR/USD for example. Depending on which chart you look at, the trend could be up OR down.
I want the trend to be my friend, but I don't know what the trend is!! Help!
These are the charts I was looking at:
1month
3month
YTD
6month
1year
2years
5years
max
Also, in case anyone is worried, I haven't opened an account yet. I'm trying to gain as much information as I can from this site and babypips.com before I open a demo account. This question is just part of my information-gathering.
Thank you.
My question is how do you know what the trend is? Take EUR/USD for example. Depending on which chart you look at, the trend could be up OR down.
I want the trend to be my friend, but I don't know what the trend is!! Help!
These are the charts I was looking at:
1month
3month
YTD
6month
1year
2years
5years
max
Also, in case anyone is worried, I haven't opened an account yet. I'm trying to gain as much information as I can from this site and babypips.com before I open a demo account. This question is just part of my information-gathering.
Thank you.