I try to know trend ,without trend we can not do good trading. It should be in mind you can not go with trend. I experience suddenly trend is opposite and traders had nothing in their hand what to do .A managed trader remains between the trend to secure his trading.
Yes this is good way to go with trend in limits. When we are trading as market going we need to decide at right time to close positions never go and go with trend as it is moving. I normally gain some profit % ,It is enough for that day. Against the trend trading is not fruitful so go with it as much it is safer for you.
There is no straight line in a trend. You’ve to know that a currency or a market movement moves in a range bound cycle for years. Why would institutions adopt the Elliot Wave Theory into algorithmic systems? Because, it’s the reality. Look as far back into the Monthly timeframe and you’ll soon realize that it’s moving forward with ranging cycles.