Olivia
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@mfa_forex
Joined November 2014
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@nyuki_malkia Why not kuwa na rasta haimaanishi hauna akili
Trends moves in stages, you have impulse, pullbacks and continuations. The best way to position yourself is at the end of every stage, to ride the wave in the direction of the stage of that trend. This is the idea of a perfect trade
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The basic thing any trader is interested with is knowing the trend direction.
To achieve such a goal,Forex has numerous strategies used by traders .Some of these strategies are
1.Beat the market makers
2.ICT
3.Elliot waves
4.Indicators
5.Quarters Theory
6.Price action
Etc
It doesnโt matter how good your market analysis is, it can still be wrong. You need to remember that it is not an exact science
Do not anticipate and move without market confirmation - being a little late in your trade is your insurance that you are right or wrong
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