Forex trade strategy | day and swing fx online trading system
How to beat the forex industry at it’s own game as you already know, the forex market is a zero sum game. In order for one trader to win, another has to lose. Get premium forex candlesticks signal download.
in essence, it all comes down to this picture… as we can observe, at the moment they are equally matched. A few inches to the left, a few inches to the right…
but what would happen if suddenly, a 300 pound weight lifter joins the bullish side. well, it’s not hard to imagine. The bearish side ends up with their noses in the sand… before i tell you the story of how this system was developed , i believe we should cover a few basic principles of forex trading first.
this will help you get a better understanding of the logic behind the system, and it will definitely help you out in the long run.
first of all, we need to understand how the current price is formed . when a trader takes a position, there are only two variables that matter at that particular instant. the first variable is whether the trade is bullish or bearish, buy or sell. The second variable is the size of the trade. Having said this, here’s the bottom line.
once again, the direction of the trade, and the size of the trade. forex traders as a group can be divided into several subgroups, and the main differences between them are the time frame that they are monitoring, and the size that they are trading with.
therefore, if you are a scalper or a day trader, you may think that daily or weekly charts are of no conc……READ MORE DETAILS HERE
