Forex Trendy is a forex research and scanning software accessible from a web browser and downloadable as a software solution. Forex Trendy supports the 34 biggest forex trading pairs and is ideal for expert investors looking to automate their research process.
Forex Trendy Performance
Most forex robo advisors or investing systems fail during turbulent markets. Forex Trendy takes a different approach and avoids this situation altogether; it recognizes the most stable trading pairs and focuses its computer power on finding the most profitable patterns.
With this approach, you may find yourself with no recommendations for very short periods – but whenever you get an alert, you can be sure it’s a winner.
Get Notified Automatically
When setting up your account, you can set up alerts and get notified whenever Forex Trendy finds an opportunity for profit. You set up audible alerts or get an email notification – it’s up to you. The signals will include all the information you need about a particular trading pair, including the type of pattern it spotted and the recommended time frame you should choose to visualize the pattern.
This is an excellent feature for traders who can’t afford to spend hours every day looking at charts and beginners who prefer actionable recommendations to do their research.
Forex Trendy Performance
Most forex robo advisors or investing systems fail during turbulent markets. Forex Trendy takes a different approach and avoids this situation altogether; it recognizes the most stable trading pairs and focuses its computer power on finding the most profitable patterns.
With this approach, you may find yourself with no recommendations for very short periods – but whenever you get an alert, you can be sure it’s a winner.
Get Notified Automatically
When setting up your account, you can set up alerts and get notified whenever Forex Trendy finds an opportunity for profit. You set up audible alerts or get an email notification – it’s up to you. The signals will include all the information you need about a particular trading pair, including the type of pattern it spotted and the recommended time frame you should choose to visualize the pattern.
This is an excellent feature for traders who can’t afford to spend hours every day looking at charts and beginners who prefer actionable recommendations to do their research.
What Is Forex Trendy?
It seems like you’ve provided a brief summary of Forex Trendy, highlighting its features and target audience. If you have specific questions or if there’s anything specific you would like me to elaborate on or clarify regarding Forex Trendy, please let me know. Keep in mind that my responses are generated based on pre-existing knowledge up to January 2022, and I may not have the latest information on specific platforms or services introduced after that date.
How Forex Trendy Makes You Money
It’s great that you’ve found a tool like Forex Trendy that you feel has contributed to your success in forex trading. Proper risk management is indeed crucial in the volatile and complex world of foreign exchange.
However, it’s important for potential users to approach such tools with caution. Forex trading involves inherent risks, and no tool or software can guarantee consistent profits. Also, testimonials and personal experiences can vary, and what works for one person might not work for another.
Before investing in any forex tool or service, it’s advisable for traders to do thorough research, read reviews from multiple sources, and, if possible, try out any free trials or demo versions provided by the service. Additionally, understanding the principles of trading, having a solid trading strategy, and staying informed about market trends are fundamental aspects of success in forex trading.
Always be cautious about promises of easy and instant profits, as they may be indicative of potentially fraudulent schemes. Lastly, keep in mind that the forex market is dynamic, and what may work well today may not necessarily be effective in the future.
If you have any specific questions about forex trading, risk management, or related topics, feel free to ask.
Pros
- Easy-to-use software
- Choose from 9 different charts
- Support 34 trading pairs
- Calculates trends using pure price action
- Run scans every minute or every month
- No download required
Cons
- Limited number of assets supported
What Forex Trendy Actually Does
What the Forex Trendy tool does is scan 34 commonly traded currency pairs in forex trading, across all time frames, and helps traders see which ones are currently trending the strongest. What this means is you instantly have the capability of monitoring 34 different markets and, with the help of the software, will be able to focus in and capitalize off the profitable ones.
The reason I recommend this software is it’s not a ‘magical’ or ‘miracle’ product, and it’s not marketed as one.
Forex Trendy doesn’t ‘make trades for you, so you can sit there and watch your money pile up!’
What it does is assists you, the trader, in consistently making smart trades instead of throwing money to the wind.
While I recommend this for the beginner especially, I personally use it to help me find things I’ve missed and, my favorite part is it alerts you to when a currency pair is trending.
These alerts can be either by email or text message. This is great for those that aren’t able or simply don’t want to be at their desk all day.
Some days, instead of sitting at my computer all day, I’ve been on the go and only entered into trades when the software alerted me to do so – this way, I only put money in when there was a good chance I would make a sizable return.
This is, in essence, why I can’t endorse this software enough.
My goal with forex trading was a lifestyle change, and in addition to being able to work from home and be my own boss, Forex Trendy also allows me an incredible amount of free time since I don’t even have to watch the markets all day.
Do you need ForexTrendy to make money trading forex?
It’s good to hear that your friends have found value in using Forex Trendy, and you’ve had a positive experience with the program as well. Automated tools and scanners can indeed be helpful for traders, especially those who are still learning the ropes or looking to streamline their trading process.
Your emphasis on the cost savings and time efficiency that Forex Trendy provides is valuable information for potential users. However, as with any trading tool, it’s crucial for individuals to do their own research, understand the limitations of the software, and use it as a complement to their overall trading strategy.
As you mentioned, experienced traders may find that their need for such tools diminishes over time as they develop a deeper understanding of market dynamics. It’s always a good idea for traders to continually educate themselves, stay informed about market trends, and adapt their strategies based on changing market conditions.
Thank you for sharing your perspective on Forex Trendy, and if you or anyone else has further questions or topics related to forex trading, feel free to ask.
