064: Trading Strategies For Trending Markets – Part 3

Trading Strategies For Trending Markets - Part 3 Trading Strategies For Trending Markets In episode 64 of the Desire To Trade Podcast, I decided to discuss a very popular topic: defining a trading strategy. I recorded a 3-part Guide To Forex Trading Strategies so we can set you up with a plan as soon as possible. Part 1 is available here! Part 2 is available here! I've seen a lot of traders trading with absolutely no plan expecting they would succeed, so I want to make sure I address this topic. In fact, you've probably already heard the saying "trading is simple but not easy", right? Well, it is when you have a plan and a strategy to execute on. I agree that executing on that plan will be the hardest part, but we have to cover things step-by-step here. In Part 3 of the Guide To Forex Trading Strategies, I'm explaining how to trade in a trending market. That can be a highly profitable type of trading, especially due to the fact that trends are usually strong in the Forex market.   What's Covered In This Episode? How to identify a trend What areas you can consider trading in a trend The indicators that can help you trade pullbacks/retracements What to expect in trend trading Keys to make any trading strategy more profitable And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources One book to read: Stan Weinstein's Secrets For Profiting in Bull and Bear Markets Another book: Technical Analysis for the Trading Professional My lesson: The Exclusive Lesson: Understanding The Market DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free Facebook group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave us a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes