Disliked{quote} Today I was very confident in my short trade like 85 to 90% which is around 60 to 70% in my signal and strategy. I don't know why I was confident today but might be because of price action. I am excited to look forward for price action. My first forex trading with price action was today. By the way I have been trading for 1.5 years mainly domestic but there was gap up or down every single day. A company stock can be manipulated because of it lower valuation but in forex it is difficult or not possible at all because of 6.6 trillion dollar...Ignored
I don't think Market Makers are necessarily out to get us by Manipulation
I think the reason Price can move so aggressively during Red News is because before BIG NEWS Market Makers will Pull their Orders out of the Market
It will then take a lot less Money to move Price
Price will always be drawn to where the largest Orders are waiting to be Filled LIQUIDITY
The Less Time we Spend in the Markets when we Trade the better the Results will be for us
The more time a Trade takes to reach its conclusion the more chance there is for outside Forces to Affect Price
Don't Trade around Red News
That's about all you need to know really
For a while I tried to understand what was happening within the Market
Where the Buy and Sell Orders where Placed
Where the Liquidity was Sitting STOPS ect
But know I realise, to Trade Successfully, you don't need to know any of that
Simply OBSERVE and FOLLOW PRICE
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