Discover What Type of Forex Trader You Are


Posted November 28, 2018 by princywilliam

If you apply the 4 Week rule correctly, you can make some great long term Forex profits with a system that has stood the test of time.

 
The aim of any Forex trading system is to get the odds on your side and trade high odds set ups and our strategy does just that, as it will get you in on all the biggest trends and profits. If you look at any Forex graph, you will see long term trends but do you know, how they all start and continue?

All the biggest bullish market trends, start by breaking out to new chart highs and as the trend evolves, the currency continue to break through to new market highs. Look at any currency pair you like and you will see this is true - so the way to trade with the odds on your side and get in on the best trends, is to trade high odds breakouts.

The problem most traders have is they don't understand that Forex markets cannot be predicted but they try and predict in advance where a currency may go and this leads to disaster. They want to get in at the low, so they try and buy into support. The problem with this method is - they are hoping the support level will hold and that is not a great way to make money in Forex! As the old traders saying goes:"A bottom picker becomes a cotton picker" and these traders all end up wiping themselves out.

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Issued By princywilliam
Country United States
Categories Health
Last Updated November 28, 2018