The best chance you have to be successful in forex is to follow the trend and when I say trend, I dont mean what the charts are telling you but rather why is the chart going down down down example the EURUSD , today one light comment from an ECB official saying low price of Euro is not completely unwelcome, so if ECB is not worried why should you be worried about a reversal when you havent heard any tangible concrete reason why the Euro should stop falling or go higher in the long run. believe me your best bet is to continue shorting until the main drivers of the market turn it around.
This journal is simple to document the journey of my friendship with the trend in the forex market, will he be a good friend or bad one to ruin my trading.
UPDATED
HOW WE TRADE
This journal is simple to document the journey of my friendship with the trend in the forex market, will he be a good friend or bad one to ruin my trading.
UPDATED
HOW WE TRADE
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Buying the currency being demanded Selling that being supplied