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The ability not to lose your investment is not everything you need in Forex. Another important factor is the capability to gain and, most importantly, maintain your profit.
Some things are much older than you think. Did you know that technical analysis of the Forex market originated over a hundred years ago? There were no computers in the XIX century and people couldn’t examine in detail the price movement down to every candle. However, the ideas that appeared at that period lie at the heart of determining the further behavior of the market to this day. The creator of these unique ideas was Charles Dow. He began as a simple reporter and subsequently became the founder of technical analysis.
A huge number of Forex strategies are somehow connected to a trend. And this is not surprising. After all, when you see where the market is moving and know when it’s ready to change its direction, your trading decisions become more thoughtful and will more likely bring you profit.
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