SIMPLE WAYSTO IDENTIFY THE DOMINANT TREND

Dear Fellow Trader,

I am thrilled to welcome you to a journey that has the power to transform your approach to forex
trading and elevate your success to unprecedented heights. In the world of financial markets,
where every decision counts, the information contained within these pages is nothing short of a
game-changer.

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As a trader, you are well aware of the challenges that pepper the path to consistent profitability.
The highs and lows of the forex market can be both exhilarating and daunting, leaving many

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seeking answers to the complex puzzle of trading success.

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Here's the truth: The information you are about to discover has the potential to solve over 70%
of the trading problems you may have encountered. This is not just another resource; it's a

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meticulously curated guide designed to empower you with the knowledge and strategies that
matter most in the dynamic world of forex.

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So why should you take this seriously? Because your time is valuable, and so is the potential
impact this knowledge can have on your trading journey.
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Thank you for choosing simple ways to identify the dominant trend
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Your journey to trading excellence starts now.

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Happy Trading!
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It will take years of practice and many hours of study to become a consistently profitable trader.
For this reason, it is preferable to be mentored in order to accelerate your learning curve and
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quicken your time to profitability.

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Having said that, recognising the main trend is a crucial skill for traders. Please take a moment
to carefully go over my seven years' worth of thoughts on this topic.

What does the Dominant trend means

Market bias represents the prevailing sentiment among currency traders.

another word for Dominant trend is market bias, as a trader the first thing to do when you open
the chart is to identify the market bias or dominant trend, doing this will help you know the
difference between a prevailing market and a retracement.

In a chart, a dominant trend is pretty obvious.

Note that the market moves in three directions

UP- Bullish

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Down- Bearish

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Sideways- No direction (sometimes called consolidation)

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See Images of what a dominat trend looks like.

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Yellow arrow : dominant trend

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White arrow : retracement

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Yellow arrow : Dominant trend

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White arrow : retracement
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Green box : sideways
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Yellow arrow : dominant trend

White arrow : retracement

Green box : sideways/consolidation

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Dominant trend and retacement forming.

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You get the point.
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Best Time Frame to Identify the Dominant trend
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In the forex market, for a dominant trend to be established, the market must have moved in a
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particular direction for a long time.

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This is why you have to look out for the dominant trend from a higher time frame from H1 to
monthly.
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Anything lower than H1 is not recommended.

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The reason for looking out for dominant trend on a higher time frame is to be able to do a top
down analysis to a lower time frame for market entry.
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As you can see that the images above are all on a higher time frame.
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How to tell if it is a dominant trend

There is one simple way to tell a dominant trend

In a dominant trend you want to see the maket

In a Bullish market : market making higher highs and higher lows, another name that is
commonly called is rally base rally

In a Bearish market : market making lower lows and lower highs, another name that is
commonly called is base drop base

Note that new highs keeps breaking previous highs indicating a bullish
move and new low keeps breaking previous lows indication a bearish
move.

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HH stands for Higher high

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HL stands for Higher Low

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LH stands for Lower high

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LL stands for Lower low
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See Image examples.
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Bullish trend
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Bearish trend

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Bullish trend
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What to do next after identifying the dominant trend

Now that you have identify the dominant trend or market Bias, your trading decision will be to
place a trade in a lower timeframe in the direction of the dominant trend after market
retracement (using the Fibonacci tool) and in alignment with a base level. (multiple support and
resistance level)
Let me show you an image example.

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In the above Image
You’d see that AUDUSD is on a bearish Dominant trend on H4
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You can see that the market keeps making lower lows and lower highs just like we previously
talked about
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You can also see the market retracement to a base level indicated by small white arrows.
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Now lets us go to a lower time frame (15 mins) for entry

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On a lower time frame you can see the long candle wick indicating price rejection from tha base
level.

Then a breakout form the chart pattern formation.

The market went bearish for a long time.

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**Disclaimer:**
This eBook on forex training is intended for educational purposes only. The author is not a
financial advisor, and the content does not constitute financial advice. Forex trading carries
inherent risks, and readers should be aware of the potential for financial loss. The information
presented may not be suitable for all individuals, and it is recommended to consult with a
qualified financial professional before making any trading decisions. The author does not
guarantee the accuracy or completeness of the information and is not responsible for any

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financial losses incurred by readers. Past performance is not indicative of future results, and the
reader should carefully consider their risk tolerance before engaging in forex trading. By

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accessing and using this eBook, readers acknowledge and agree to these terms and accept full
responsibility for their financial decisions and outcomes.

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