FOREX Trends

Market Trends

Take a look at the following chart. What is it telling you? Could you trade this?
EURUSD  No Indicators3

 

 

Now take a look at the next chart. Does this appear easier to trade?  Maybe so, but unless you know when to enter or exit the trade, or understand what’s causing the prices to move, it’s just about as useless as the first one!

EURUSD-With Indicators2

 

To give you an idea of how big the Foreign Exchange Market is take a look at the following graph.