Dislikedhi mike how are you i hope your doing well
i read the george mentioned post reg herd mentality
but my main problem when looked at chart
some time price taken out herd mentality stoploss pool price reverse
& some time price move farward to next target or next herd mentality validations.Ignored
Hi V,
Now you are making progress, sir. Well done.
As you say, "sometime price will reverse, and the next time it won't".
Welcome to the World Of Forex !
Your next mission, and this will be the long one,
is to go back and examine each of those scenarios you mentioned.
as you are now really asking the question how a trader
will KNOW whether price will go up or will price go down from where price is NOW
When you solve that problem, you must promise to tell the rest of us, as we also wish to know this, in advance
For most, we can only work on probability, of either maths or wisened experience,
and, accordingly, then trade as safely as we can in the moment.
all the best
Pete
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