@GOBIGFX Please can you shred more light into what institutional traders watch out for? you mentioned the banks get orders from large firms and they execute. You also mentioned they DON'T use charts. i realized i was using the wrong tools and now i ...

Forex Dream Chasers - The 90% rule of randomness

Noted... thank for the advice and reply @Gobigfx

Forex Dream Chasers - The 90% rule of randomness

By the time you have figured out step 1, 2 and 3 the market would have moved 50-100 pips leaving you breathless and frustrated. Entering a position after the market has moved can be risky. Pending orders above and below the current price before the ...

Forex Dream Chasers - The 90% rule of randomness

So in essence, follow the trend ONLY when there is an event that would move the market. Putting it all together is the tricky part and it will differ from one person to another due to trading experience, Money management etc.

Forex Dream Chasers - The 90% rule of randomness