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Forex Trading Wisdom (3)

From forex-trading-relief.net

“Just as a scenario writer endeavors to mystify his audience, so pools and manipulators strive to confuse and influence the public into thinking a stock is moving in a certain direction when the ultimate purpose is to have it move the other way.” -- Richard D. Wyckoff. " I believe that institutional traders are among the most inefficient in the world, yet they control a good share of the money in various markets. Banks make market for foreign exchange, but bank traders (in my opinion) are largely very inefficient and poorly managed…" Van Tharp. " You must look for the market to tell you that it is making the move ... (full story)

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