Pinkish Trend is a forex trading system. Pinkish Trend forex trading system is extremely easy to understand and to trade with. You can have consistent and highly rewarding results by trading with the Pinkish Trend system.
The system is named Pinkish because it consists of pink color bars. The system itself consists of nothing more than a customized version of the candle bars. The Bars you see on the chart seem like HeikenAshi charts but there may be some difference so it is named Pinkish trend by the developer.
You are free to trade in any currency pair and on any time frame but you should be careful regarding the trend of the market. Identifying the major direction of the market and entering in the same direction is the best way to succeed in the market. It doesn’t mean that counter-trend positions don’t work but it is highly risky to do so.
You can agree with this point just by taking a simple example. If you see the daily/weekly time frame of any currency pair and analyze, in most of the cases you see that trend lasts up to one year to a decade.
The point I’m trying to make here is that if you had just thought of trading that pair in that particular direction you would have had higher chances winning since market has been up trending overall.
In such scenarios you should be able to figure out the end of the correction and enter when the market bounce higher next time.
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