In this example the weekly and monthly trend is up, price is above hourly MA and when price broke out of the NR7 inside bar pattern it exploded up about 100 pips. Look to exit trend trades at our Trading Sell Zone.
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Our Forex Trading Philosophy
We primarily trade with the trend.
We focus on currencies where ALL THE TRENDS LINE UP ( 1 Hour, 3 Hour, Weekly & Monthly ).
We trade this DIRECTION until the market moves statistically too far. We then look to do the occassional counter-trend trade when our momentum tools show the trend has stalled.
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