This market is a force of nature. It forms massive and powerful trends that can continue for years. Create patterns that are as persistent as the waves breaking on a beach. How do currency traders use these trends and patterns to make money in the forex market?

Understand trends
When you drive your car, do you always use exactly the same driving?
technique? Do you always drive in exactly the same way, whether you are in heavy city traffic or on an empty six-lane road?
Of course not. Use several driving styles at different times. If you tried to drive through blocked downtown Manhattan traffic as if you were on New Jersey Turnpike, the results would be disastrous, to say
The least! When we vary our driving styles, we recognize that certain techniques are appropriate sometimes, but not all the time. We use the right technique for the right situation.
Trade is similar in the sense that there is no single technique that works for all time, under any conditions. Like the driver in our example, we must vary our negotiation style so that we are using the right technique at the appropriate time.
COMMERCIAL TERMS
There are three basic types of commercial conditions:

2. Currency pairs linked to the range bounce between support and resistance
levels

3. Consolidating currency pairs are trapped in a narrow and narrow area
Traders must address each situation with the appropriate technique.
Trend techniques are inappropriate during markets with limits or consolidations, and styles with range limits will not work during periods of trend or consolidation.
This is the only thing you should realize: markets change.
The pair that is trending now will eventually start operating in a range or movement in a consolidation phase.
Traders must be agile and adapt to this changing environment by using the right strategy at the right time.
THE IMPORTANCE OF MAINTAINING OBJECTIVITY
When you start using new commercial techniques, you may be fortunate enough to experience success from the beginning. Perhaps you just used the right technique at the right time, and you were blessed with immediate gratification. Some new operators even become euphoric, because they feel they have "dominated the market."
The unfortunate side effect of this initial success is that the trader could then continue to use that same trading technique, even when the market has clearly changed and the technique is no longer appropriate.
Traders: Referring to this situation as "falling in love" with a technique and the effects can be devastating.
If this happens to you, I encourage you to try to stay
aim and realize that while short-term success is not uncommon.
It is not the ultimate goal. Anyone can get lucky, but luck does not always last.
For example, during the years 2002 and 2003, the US dollar was falling hard against most major currencies. This created a fairly easy business environment, since trend tracking techniques worked extremely well during this time.
The "newbies" accumulated huge profits by applying trend tracking techniques at the appropriate time, during a trending market.
While they were happy to see their earnings, it is worrisome to see that they had now developed unrealistic expectations about the forex market.
and about commerce in general. "It will not always be so easy" "Learn other techniques so that when the market changes, you remain profitable.
 Some will listen and others will not.
Indeed, in early 2004, the US dollar regained its equilibrium, and the trend began to crumble. Traders who realized that the trend would not last forever were prepared for this change, and adjusted their
tactics accordingly.
Unfortunately, others had "fallen in love" with trend techniques and continued to use them even though the situation had
changed Your results suffered as market conditions changed.
As a trader, you cannot afford to fall in love with a technique, or an indicator, or a currency pair. Understand that markets are not static, and it is up to the operator to identify and adapt to these changes.