[quote=PokerChip;12902020]Note: If your a forex trader and not profitable. The problem isn't you, it's the market maker. When you look at any chart, that chart is 100% manipulated. That chart is telling you a total lie. Don't believe the charts, see the opposite of what you see. What you see on the charts is what the market maker wants you to see. The market maker wants your account, he wants all of your money. It's that plain & simple. The head and shoulders pattern has probably been around as long as forex trading has been around. The double bottom pattern, the shooting star, pin bar, engulfing candles, ema's etc. etc. etc. None of these patterns work. If they did, 90% of the traders would be profitable. To be profitable in forex trading you have to be buying when 90% are selling. If 90% are buying then you had better be selling if you want to be profitable. If you use a stop loss the market maker is coming after you and the rest of the herd that you are running with. Using a stop loss puts a target on your back and money in the market makers account. When you get tired of reloading your forex account you'll understand what I just stated. Losses don't have exist if you know the direction of the market maker. Pairs don't go straight up or straight down, they zig zag. Watch the 3 levels, know where you are at when you are in a trade. If a pair is going up on the 4 hour chart, you know they'll be retracements (the retracements are traps), I should know I'm stuck in 3 trades right now in (GBP/USD). Am I worried, no because I know I'm headed in the right direction. Buy and sell in the same direction as the market maker does. Wait on those retracements and then re-enter your buy order or your sell order.
Hi PC, hope you are well.
Excellent post.
As you know. You know how I trade by following the market maker for part of the way when they hunt the minnows.
Hi PC, hope you are well.
Excellent post.
As you know. You know how I trade by following the market maker for part of the way when they hunt the minnows.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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