Forex Trading Market Structure



Trading Bonus Free 25€ / No Deposit Required : https://goo.gl/nXSPZ7 Free Forex Tools : https://goo.gl/CdbSGV Most traders rely on mathematical indicators, such as moving averages, to time the market. Many systems also rely on them. These approaches can sometimes work. However, they leave out the big picture. If you want to understand the market, you need to read its structure and natural order. This means grasping at any moment of time the entire market cycle and being able to pinpoint the specific phase that the market is in. To do this, your best approach is to use market structure. This means understanding what the market is doing, regardless of what a moving average, mathematical indicator or entry and exit technique might be telling you. A stock trading system may be giving you a signal while the market is doing the opposite of what is needed for your trade to succeed. An example is buying a moving average crossover while the market is going south. Another example is entering the market based on a breakout of a resistance point when the market is in a short-term upward correction within a long-term bear market. Your stock trading system tells you to take the trade, but the big picture of the market is telling you otherwise. This is particularly true if you are a long-term investor. Why stay in a market when its "big picture" based on market structure tells you a bear market has begun or why exit your long-term position because a moving average has been crossed downwards, when the market is only experiencing a momentary correction before resuming its course? To avoid these false signals, you must learn to read the market using its natural structure and natural order and principles. Using indicators and moving averages or using specific trading setups is okay. However, above all, you must learn to read the market itself. This applies to every market. Whether stock trading, Forex trading, or commodity and futures trading, and whether or not you use mathematical indicators, learning about market structure is a must, especially if you want to avoid unnecessary losses.

Comments

  1. These videos by you sir are by far the most informative that I,ve come across.and for that I am extremely gratefull
  2. amazing ty
  3. We are indeed involved.
  4. nice video! :)
    Check this if you want: https://www.youtube.com/watch?v=WgMlLEsAOvo


Additional Information:

Visibility: 22349

Duration: 16m 9s

Rating: 118