The power to move the market is in my opinion the biggest edge any trader could possibly have. Could enough retail traders move the forex market if they banded together? Lets say for example enough of us decided we love the EUD/USD, and took long positions, and more and more followed. Do you think its possible for retail traders to move the market on 15m, 30m, 1h, or even longer TF's? How many of us would it take. This type of trading has shown to be successful in certain types of stock. Retail traders are able to move markets even against extraordinary odd's and money, meaning banks and hedge funds. Imagine the advantage the beginner, novice, and advanced traders would have in Forex markets.
The Rules would be simple:
One pair
One direction
Naked charts
Only use drawling tools to show S/R
Risk 2-7% per trade
No fighting and bitching
Just Memes
This is not a trading strategy I just open this thread for the discussion of possibilities...
Add suggestions if you want.
The Rules would be simple:
One pair
One direction
Naked charts
Only use drawling tools to show S/R
Risk 2-7% per trade
No fighting and bitching
Just Memes
This is not a trading strategy I just open this thread for the discussion of possibilities...
Add suggestions if you want.
It's me...