DislikedToday being a very special day for a quarter of all mankind in this planet, I have chosen this very special day to dispense and share some equally special trading thoughts with those who are serious in becoming a successful forex trader.
In my earlier post, I have promised to elaborate and elucidate the elusive Hold levels which is the least understood and most arcane technical aspect for all forex traders. Some of them have some understandings of the trigger levels and interestingly, I have yet to read in this forum of anyone making trading...Ignored
Today I feel especially good and so I will post a sequel to my last post and I believe this post will make a huge and monumental difference between failure or success in the strive to really become a forex trader.
So for those who already knew or coming close to know the precise trigger and holding levels both in scalping, intraday and m/l/t trade, You have to know that all levels are bound to be breached once in some times or another from the science/maths perspective BUT the absolute key is to watch whether it will breach again the second or third times. This and only this will tell you whether the breach is a fake (continuance) or the market conditions has changed/reversed. Once is a norm but twice or more means change.
Enough said and I want to congratulate those who get and understand this crucial point and this is my last post here in this forum.........
Goodluck and may your God bless you always.....
GS
