• What is a Trend
  • Trend Directions
  • Trader Decisions 

What is a Trend?

  • The general direction of the market
  • Markets don’t move in a straight line but instead move in Zig Zags creating tops and bottoms
  • It’s the sequence and direction of these tops and bottoms that identifies the trend
  • Price movements develop in three different directions
  • Uptrend – Downtrend – Range


  • Higher Tops
  • Higher Bottoms


  • Lower Tops
  • Lower Bottoms

A Trend is More Likely to Continue than to Reverse

  • A trend is assumed to be in effect until it gives a clear signal that it has reversed
  • “The trend is your friend”
  • “Never go against the trend”
  • By following trends over different time frames traders can increase their profit-making opportunities

Trading Decisions

Time Frames

  • Traders often feel confused when they look at charts in different timeframes and see that the market is going in several directions at once
  • The trend may be up on the weekly chart but down on the daily, and vice versa
  • So which of these trends should you follow?


Market has Three Movements

  • The main movement lasts for more than a year, and possibly several years
  • The secondary movement that usually lasts between three weeks to six months
  • The minor movement lasts less than three to four weeks

The Story of Desmond Leong

Desmond is your average trader. He started off blowing up 7 (or more.. lost count) accounts amounting to more than 500k, tested over 30 Expert Advisors (EAs) to no success and spent over 10k on stupid useless courses.

Today he runs an award winning trading team and provides market analysis and webinars to some of the largest brokers such as IC Markets, XM, Axi, Tickmill, FXCM, VantageFX, easyMarkets and more.

He now has a simple goal: Creating an army of traders who trade profitably together and keep each other accountable. Guiding them with the most comprehensive no-BS free tutorials so that no one ever needs to go through the pain he went through himself to become a profitable trader.

My Trading Strategy


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Trading in foreign exchange (“Forex”) on margins entails high risk and is not suitable for all investors. Past performance is not an indication of future results. In this case, as well, the high degree of leverage can act both against you and for you. Before you decide to invest in foreign exchange, you should carefully assess your investment objectives, experience, financial possibilities and willingness to take risks. There is a possibility that you will lose your initial investment partially or completely. Therefore, you should not invest any funds that you cannot afford to completely lose in a worst-case scenario. You should also be aware of all the risks associated with foreign exchange trading and contact an independent financial advisor in case of doubt.

Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.

Leverage enables traders, using a relatively small amount of money, to take a position that is many times the initial investment. This leverage effect can work both in your favour and to your detriment. The Forex market opens up the possibility to utilize this leverage effect to a high degree; at the same time, however, it also opens up the risk of experiencing high losses. Please trade with caution when you use leverage in trading or investing. Your risk is particularly not limited to the initial investment, but can quickly fall into a negative range in the event of strong movements, meaning you may be obligated to pay far more than your initial wager.