How to Increase the Probability of Your Trades - Price action trading strategies can be very potent ‘weapons’ to trade the markets with. We just have to learn to use them correctly and accurately. Most of us have a limited supply of bullets (money), so we have to make each bullet count and not waste them on low-probability targets (stupid trades) 5/11/ · I've tried trading the Forex market. 99% of the trades go the opposite of the trade I make. The odds are extreme if this is coincidence. The stock either goes up, down or sideways, but the moment I go into it, it goes in the opposite direction If EUR/USD goes up and GBP/USD goes down at the same time, EUR/GBP goes up strongly. Maybe this is the most important case that we can trade based on this rule. It happens many times that EUR/USD and GBP/USD move against each other and that is the best time to trade EUR/GBP. Now you know why EUR/GBP doesn’t move strongly most of the time
Currency Pairs Correlation in Forex Market: Cross Currency Pairs
Post a Comment. Pages Home About me Basic rules Style of trading Entry rules. Tuesday, October 5, Why does the market moves against me? Have you ever encounter the market went opposite way once you enter a trade position? You start to wonder if you are the target in the trading market where the big players are trying to squeeze you out of it! You also start to query on what you had learned and you start to get suspicious if there is any new theory on trading strategy or some astronomic forex always goes against me have being invented for the big time players!
Recently when I sit down with my husband to discuss on the current situation where some traders faced, it seem to them that there's a change in the pattern as compared to the past.
The rules never change, but the strategy did! Can you imagine during ancient time forex always goes against me there are thousand of people who studied Sun Tze art of war, some won great victory but most got defeated.
Why is it that when all of them study the same theory produce different result? In forex market, it function the same way. If people think trading is easy, then they are making a very BIG mistake!
For example, some expertise from other field may have achieve extra-ordinary result that they may think trading it's just a matter of putting the extra cash in and let forex always goes against me run. When it's time for harvest, they just liquidate their position and happily leaving the capital behind in hope that they will ripe the profit again. Many profitable traders are also good observer! They had realized how the pattern of the market have normally works, forex always goes against me.
Forex always goes against me will come up with a plan to capitalize the market first! When most traders are going into a position to long or short, they are out of the market with profit pocketed, forex always goes against me.
For example, forex always goes against me, when we look at the resistance or support level for an entry of a trade, forex always goes against me, you may probably face the situation where it suppose to have gone to the direction that you may anticipated according to the theory but it went opposite! Possible solution If you have encounter a string of losses from the similar situation, then you should start to slow down on your entry.
Test different methods that you had learned and observes! It wouldn't be possible for the market to change the rules overnight! When it is at oversold or overbought level, price must retrace or reverse.
You can be slightly late to enter a trade, as price start to shift towards one direction, that also mean more players are coming in and it is a safer time where you can go in and harvest it.
If you are not comfortable in using a live account to trial, use a demo account then. Until you are confident again, then get back in to the market. Always update yourself with the latest data or reports release! Market normally react according to it. With the latest information, it sure help to get you out of trouble! There's really nothing much technical traders can do about data and reports, but there's always a telltale sign to be spotted technically! Avoid trading if you are confused by the indicators!
It is either there is a market uncertainty or it maybe you who are not sure which indicators to use at difference market condition. market always change, indicators can only used as guide-line Never expect market to stick to the strategies that you may have proved success in the past!
If it is really that easy, there will be million of billionaires around! But it is also not that difficult! You just need some times to really understand how financial market really works!
As my husband said, if everyone can execute the ideas of the art of war then all our lives will be very difficult! at PM Email This BlogThis! Share to Twitter Share to Facebook Share to Pinterest. No comments:, forex always goes against me.
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, time: 6:54When I trade the market always goes against me, why? (2)
8/26/ · Whenever I trade the market goes against me. Post author By John; Post date August 26, ; Here’s an email I recieved from a clearly frustrated new forex trader. My problem is most of the time whenever I go into the market, the trade goes against me.. I If EUR/USD goes up and GBP/USD goes down at the same time, EUR/GBP goes up strongly. Maybe this is the most important case that we can trade based on this rule. It happens many times that EUR/USD and GBP/USD move against each other and that is the best time to trade EUR/GBP. Now you know why EUR/GBP doesn’t move strongly most of the time In forex market, it function the same way. If people think trading is easy, then they are making a very BIG mistake! For example, some expertise from other field may have achieve extra-ordinary result that they may think trading it's just a matter of putting the extra cash in and let it run
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