banks position is so large they must essentially create their own market. A wry smile should have come across your face at this point, because you may be slowly starting to understand one gigantic thing here: We can really use this to our advantage. You Must Understand How This Works. Over and over again. . For a mere 399 followed by 99 a month. This is called the distribution phase of the market, and is seen visually as a market trend. So, by changing our mindset to thinking like a bank, which leads to acting like a bank, we can then buy where banks are buying which is opposite of what most traders and investors do; which is exactly what we did when price returned.
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And i will be there for your ongoing trades and discuss live trades together. Going back to our illustration if Bank X was looking to sell the EUR/USD then they would push the price up, which it turn would begin to trigger buying pressure from retail traders. Just like life, once high school is over, the popular kids typically fall apart, and the nerds take over. . Its crucial to everything youll ever see from me in the future. Keeping that in mind, why then do most retail forex traders out there attempt to invent or learn forex trading strategies that have been created to try and fit a market we do not control? Is it because theyve achieved their wildest dreams in FX trading using these tools? . This allows for maximum position size while not risking more than you are willing to lose. I will not say i am a guru, i am always a student in forex. Money is made by accumulating a long position they will later sell off at a higher price, or accumulating a short position they will later cover at a lower price. Therefore if you are using a forex trading strategy used by the masses I strongly urge you to give some serious thought as to why you feel the outcome will be different for you? In any market there must be a counter party to every transaction. It adds as an additional income to your profits.
This is a critical idea that all must understand and come to accept. This as we just discussed is the reason so many forex traders enter the market at exactly the wrong time. You think Im talking some crazy conspiracy over here? And price only reverses course and starts going short as soon as dumb money traders gave up and start going net long! .