HI
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My friend tells me- I buy and the market goes down -I loose my money. then I sell short,again market goes up and kicks me causing losses.
why is that I always end up loosing?
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I told him - buddy you are in emotion-you dont undrstand how market and its players work-you dont know how the big groups influence price moves for limited period of times-well that is why you always get screwed up.
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THEY SAY ALL LIES.
ONE SUCH LIE IS THIS.
Forex market is too big and nobody can manipulate the prices.
TRUTH IS
Actually about 10 top companies influence the price(ABOUT 10%) and they drive price opposite to prevailing trend.
HOW DOES IT WORK?
PRICE IS IN A UPTREND.
It is supposed go up slowly nicely as we anticipate normally as we are dumb.ALL DUMBERS PLACED LONG ORDERS.
THE MANIPULATION ENTERS AND HAMMERS THE PRICE DOWN.
ALL those small TRADERS WHO ENTERED LONG TRADES GET KICKED IN THE FACE.
how do you handle this?
you take the highs and draw a trend line-this goes down. buy when downtrendline is broken upwards by price.
That is it if prevailing trend is up.
If main trend is downwards then the manipulator forces drive price upwards-for a limited time.
you just draw an uptrendline joining all lows and when price breaks uptrendline you go short.
That is it.
foresightfx uses pivotstep method and they show you how to avoid losses by playing in une not against market forces.
If any one has these indicators or system please share your viewsw etc.
happy trading
Know what you are doing in not GOING against the marketforce!
-----------------------------------------------
My friend tells me- I buy and the market goes down -I loose my money. then I sell short,again market goes up and kicks me causing losses.
why is that I always end up loosing?
--------------------------------------------
I told him - buddy you are in emotion-you dont undrstand how market and its players work-you dont know how the big groups influence price moves for limited period of times-well that is why you always get screwed up.
----------------------------------------------------
THEY SAY ALL LIES.
ONE SUCH LIE IS THIS.
Forex market is too big and nobody can manipulate the prices.
TRUTH IS
Actually about 10 top companies influence the price(ABOUT 10%) and they drive price opposite to prevailing trend.
HOW DOES IT WORK?
PRICE IS IN A UPTREND.
It is supposed go up slowly nicely as we anticipate normally as we are dumb.ALL DUMBERS PLACED LONG ORDERS.
THE MANIPULATION ENTERS AND HAMMERS THE PRICE DOWN.
ALL those small TRADERS WHO ENTERED LONG TRADES GET KICKED IN THE FACE.
how do you handle this?
you take the highs and draw a trend line-this goes down. buy when downtrendline is broken upwards by price.
That is it if prevailing trend is up.
If main trend is downwards then the manipulator forces drive price upwards-for a limited time.
you just draw an uptrendline joining all lows and when price breaks uptrendline you go short.
That is it.
foresightfx uses pivotstep method and they show you how to avoid losses by playing in une not against market forces.
If any one has these indicators or system please share your viewsw etc.
happy trading
Know what you are doing in not GOING against the marketforce!