#TrendTradingStrategy

Trend Trading Strategy...

#TrendTradingStrategy

The trend trading strategy (Trend Trading) is a trading strategy that relies on identifying and following the dominant trends in the market [1, 2]. Traders who follow this strategy aim to take advantage of the price momentum that moves in a given direction, whether up or down [1, 2]. Trend trading is based on the principle "the trend is your friend", where traders try to enter trades that align with the current market trend [1, 3].

Detailed explanation:

Determining the trend:

Trend trading relies on the use of technical analysis tools, such as moving averages, trend lines, and momentum indicators, to determine the market direction [1, 4].