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Let the trend be your friend till the bend at the end

Let the Trend be your FriendIn this article I'm going to attempt to explain a little bit about my personal trading style.

The thing about trading is that it isn't an exact science, and there is no such thing as a "right" way or a "wrong" way. Oh, if it were only that easy, we'd all be doing it. :wink:

Everybody seems to be looking for something different from their trades, and there are obviously many different approaches that you can employ.

Some people will look to scalp 3 or 4 pips at a time, while others will be happy to stay in their trades for days or more in the hope they can rack up gains of hundreds of pips. Some people will follow chart patterns, some people will follow indicators, some people will trade ranges and others will probably just flip a coin.

The best way of describing my personal approach is that I trade with the trend. My most useful tools are, believe it or not, a ruler and a pencil. That's right, the sort of thing which you can find in any corner shop for about 50p.

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