Identifying the Forex Market Trend

Submitted by fxpros on Thu, 06/23/2022 - 08:28

Identifying the Market Trend & Identification Systems

The accurate recognition of a strong Forex market trend can lead to the accumulation of major trading profits. Forex currencies trend very well, in long directional moves. During these extended Forex trends, the likelihood of making profitable trades is significantly increased.

Distinguishing Market Trends

There are two main trend types: the (i) primary, and the (ii) secondary trends:

ICMarkets Rating

Submitted by fxpros on Fri, 04/29/2022 - 13:38

IC MARKETS RATING -Powered by the Rating Formula V.4.0.

IC Markets is an ECN/STP Forex broker offering a wide asset index, automated trading, and tight trading spreads. Their platforms include MetaTrader-4, MetaTrader-5, and cTrader. The following rating analysis is based on the Forex Brokers Formula v.4.0.