Folks,
Now we are seeing price bumping along the lines as previously explained. Buyers had not fully taken control yet - quite nearly but not yet. This Thursday is ECB rates announcement but the bigger one should be the FED dot plot next Tuesday.
When you start trading/gambling with Forex, it is quite important to take note of some already established FACTS from the casino industry. Lets face it, forex is quite similar to playing roulette, baccarat etc.
In forex, the gurus will tell you to use same lot sizes. They focus mainly on short term - you can see this from their 'predictions'. You ended up placing more frequent 'bets'. Good luck.
Check this out ----->
youtube.com/watch?v=eHgbkeaRkEQ
All I can say is:
1) focus on long term, which automatically makes you to
2) reduce trade frequency.
P/S : As always, do not just believe what I say. Use your common sense.
Now we are seeing price bumping along the lines as previously explained. Buyers had not fully taken control yet - quite nearly but not yet. This Thursday is ECB rates announcement but the bigger one should be the FED dot plot next Tuesday.
When you start trading/gambling with Forex, it is quite important to take note of some already established FACTS from the casino industry. Lets face it, forex is quite similar to playing roulette, baccarat etc.
In forex, the gurus will tell you to use same lot sizes. They focus mainly on short term - you can see this from their 'predictions'. You ended up placing more frequent 'bets'. Good luck.
Check this out ----->
youtube.com/watch?v=eHgbkeaRkEQ
All I can say is:
1) focus on long term, which automatically makes you to
2) reduce trade frequency.
P/S : As always, do not just believe what I say. Use your common sense.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.