Trading FX is about putting the odds in your favor...

What kinda things should we be looking when searching for high probability?

Here are a few.

1. High volume levels..

Fx volume is Unreliable as there isn't a central exchange.. so how would you find a high volume level.

NFP and Rate decisions Are heavily traded... Thus creating a high volume level.. example NFP HIGH/ LOW.

We know its high volume because its huge news!.. We don't even need a volume indicator on our charts to know this.

2. We know price ranges about 80% of the time and breaks out 20%. Its highly probable that its in a range.

3. Liquidty gaps.. Price spike up 40 pips in 10 mins.. We know this is basicly a gap, very thinly traded area... And price is likely to fill in this area at some point in the future.

4. Trending market.. continuation.. Even though Market only trends 20% of the time.. When we do get a trend condition it tends to continue.

What kinda things should we be looking when searching for high probability?

Here are a few.

1. High volume levels..

Fx volume is Unreliable as there isn't a central exchange.. so how would you find a high volume level.

NFP and Rate decisions Are heavily traded... Thus creating a high volume level.. example NFP HIGH/ LOW.

We know its high volume because its huge news!.. We don't even need a volume indicator on our charts to know this.

2. We know price ranges about 80% of the time and breaks out 20%. Its highly probable that its in a range.

3. Liquidty gaps.. Price spike up 40 pips in 10 mins.. We know this is basicly a gap, very thinly traded area... And price is likely to fill in this area at some point in the future.

4. Trending market.. continuation.. Even though Market only trends 20% of the time.. When we do get a trend condition it tends to continue.

The only system that will work is one designed by and for yourself.