if you are feeling uncomfortable when trading you are trading too big
there are some logical structural behavior within the market
it moves in waves, and price levels are repeated.
if we are bullish by logic we move above yesterdays high
if we are bearish we close below yesterdays low
high volatility follows low volatility and vice verza
there are areas that price ranges from and to
and good structural way to look at a price........is 00's, 20's, 50's,80's
you can tell the direction you can even tell the range but transactions are recorded by orders and you can never pin point it with exactitude, and the market does not act in a perfect predictable way.
but the forex is a conglomeration of influx of cash so watch other markets, watch what fundamental environment will drive investors to move money around to get more yields, and what impacts their action, risk on and risk off and correlations....etc.
there are some logical structural behavior within the market
it moves in waves, and price levels are repeated.
if we are bullish by logic we move above yesterdays high
if we are bearish we close below yesterdays low
high volatility follows low volatility and vice verza
there are areas that price ranges from and to
and good structural way to look at a price........is 00's, 20's, 50's,80's
you can tell the direction you can even tell the range but transactions are recorded by orders and you can never pin point it with exactitude, and the market does not act in a perfect predictable way.
but the forex is a conglomeration of influx of cash so watch other markets, watch what fundamental environment will drive investors to move money around to get more yields, and what impacts their action, risk on and risk off and correlations....etc.
AVT INVENIAM VIAM AVT FACIAM
lol
