I'll go into great detail about day trading with trends in this article. Please read our previous post, How to Trade with the Supply and Demand Zone, for more information. The following tips connected to How to Day Trade with Trend will be covered as part of this article.
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| MARKET STRUCTURE CHART |
Why does day trading involve trend analysis?
Detail of the market's structure How do you trade in markets that are in an uptrend, downtrend, or sideways movement?
Details on each trend :
- How may each trend be analyzed?
- When will the pattern change?
I WOULD ADVISE READING THE PRICE ACTION ANALYSIS 👈 ARTICLE PRIOR TO PROCEEDING.
What Makes Trend Analysis Good for Day Trading?
One of the main causes of trade failure is trading against the trend, without a trend, or with weak trends. Strong or high-quality trends have a greater chance of success (edge).
Greater assurance that supply and demand reversals will occur is provided by the carefully calculated arrangement of price bars and pullbacks. Low-predictability trends are weak or poor trends. The likelihood of a reversal is decreased by the uncontrolled placement of price bars and pullbacks into supply and demand.
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