Bull market, trading features

Bull market – this concept indicates that the financial market is dominated by traders who are betting on the price increase.

Such traders are usually called bulls, figuratively meaning that bulls raise the price with their horns, stimulating growth with all their might.

This behavior is due to the fact that this category of traders has opened buy trades and requires a price increase to make money.

A bull market is characterized not only by an upward trend, but also by a general atmosphere that indicates that the price should continue to rise.

Positive news is being published on internet sites, and the bulls themselves are actively spreading rumors that the price is set to rise even further.

As soon as you hear the term "bull market," you can conclude that there is intense speculation on the market for the exchange rate to rise. In practice, it is believed that a bull market is the most favorable for trading.

During this time, it is recommended to only make purchase transactions; it is not for nothing that this moment on the exchange is also called the bull investment market.

When trading via online terminals, it's quite difficult to understand the current mood on the exchange, as you can't see other traders visually and judge the direction in which they're making their trades.

In order to accurately determine which trend is currently stronger, in addition to the trend direction, we also need to consider the volume and number of orders opened in that direction.

Some brokerage companies allow their clients to track these parameters using special informers. Otherwise, you can only draw conclusions based on the data available in the trader's trading terminal.

To determine the market trend, you can also use indicators. Trend indicators 

Bull Market Trading Strategy

Obviously, if the prevailing trend is currently uptrend, you should open buy trades, anticipating further price growth. It's also a good idea to analyze the situation across multiple time frames and weigh the possibility of a reversal.

A bull market is the best time for long-term investing, as this is when investors build their stock portfolios.

When opening a buy trade in a bullish market, don't forget about stop orders. Set the stop loss below the opening price, and the take profit accordingly higher. 

Typically, bullish plays in the bull market begin at the start of a new trading session, so if you manage to spot such a trend at this time, you can hope that it will last for at least an hour.

An important point is how long the market has been bullish, because this determines how long it will last; with every minute that an upward trend exists, the likelihood of a reversal increases. 

A more detailed description of exchange strategies can be found at https://time-forex.com/strategy