Trend trading is not difficult once you know how and it's a great way to make money when trading Forex Here are the basics every trader should know... This subject and many others are covered in more detail in the FREE Forex Guide available at Forex Useful - http://forexuseful.com/new/members/21812-forex-guide/

1. Trend Trading Forex
Trend trading is not difficult once you know
how and it's a great way to make money when
trading Forex
Here are the basics every trader should know...

2. Uptrends and Downtrends are created by Crowd behaviour
and they exist for ALL instruments on ALL timeframes
Uptrend
HH
HH
HH
HL
HL
HL
DowntrendLH
LL
LL
LL
LH
LH
Crowd Behaviour
In an Uptrend the market
rises and makes a sequence
of Higher Highs (HHs) and
Higher Lows (HLs)
In a Downtrend the market
falls and makes a sequence
of Lower Lows (LLs) and
Lower Highs (LHs)

3. Traders make money by identifying these
Uptrends and Downtrends and then riding them by
moving their Stops when...
A Higher High (HH)
is made in an Uptrend
or
A Lower Low (LL)
is made in a Downtrend
Crowd Behaviour

4. a
a
a
b/c
b/c
b/c
a) Identify when the previous
Higher High (HH) is broken
b) Identify the new Higher Low (HL)
(made since the previous HH)
c) Move Stop Loss to the new HL
In An Uptrend

5. a) Identify when the previous
Lower Low (LL) is broken
b) Identify the new Lower High (LH)
(made since the previous LL)
c) Move Stop Loss to the new LH
In A Downtrend
a
a
a
b/c
b/c
b/c

6. Produced by
This explanation was derived,
with permission, from the...
No Indicators Trend Trading Strategy (NITTS)
by Jon McFarlane
Trend Trading Forex