DislikedIve been trading for +2 years now,and i can only say that forex is most manipulated legal scam there is going.I have seen my share of events in forex that many would scratch their heads,but recent event where crude oil dropped more then 11$ in 5 days time beats everything in market manipulation,and no i didn't trade crude or brent when this happened.I keep coming to forex with different attitudes ,strategies,but at the end its the central banks and government who decide which direction euro goes,what devalues,and what gains,over to years i made...Ignored
That aside, this game is not for everyone, there are a million and one ways to trade, but for me, having an idea of an area of price where the price will most probably change direction is the biggest factor on the charts, you're right its not us who determine the direction of the market, but having an idea where the big money orders will be is a massive advantage and allows you to get in at the start of a move. Then theres patience, waiting for the price to hit an area you believe it'll change direction, waiting for price action to do its dance and boom, enter.