A simple understanding of the market before you invest your money on a Forex trading journey
A simple understanding of the market before you invest your money on a Forex trading journey I can do it to say hey what would I do if I were to wake up tomorrow and decide to trade tomorrow I would say that’s number one I don’t know what we want to do there’s not enough structure to tell me what we want to do I have a little understanding or a little reason that we might want to Back to these lows but the market has not shown that yet.
A simple understanding of the market before you invest your money on a Forex trading journey
I’m going to go tomorrow and I’m not going to plan to take a trade every day that you wake up and go to the Forex market you should be planning and you should be thinking that you’re probably not going to trade today because when you set an expectation when you set an intention, your habits and your decision-making process reflect all that they are. Forex trading note or whatever that intention is if you go into the day saying oh I can’t wait to make all this money I can’t wait to get better as a trader I can’t wait to get a return I can’t wait to take a trade for you.
The intention to trade Forex is not enough to make a profit
Set the intention when there is no opportunity or reason to do so Often, you take bad trades because you set the intention to do so when in reality there was none because you are not an observer, so know the environment Take precautions and be an observer Well any insider forex trade questions SMT vs SMT Internal Forex Transaction for SMT An internal forex trade can have smt They are two different things.
I posted a trade in last week’s charting session and got in very early in the turtle suit because you said forex trading was going up and then down etc and there was no accumulation after accumulation it was real forex trading, this same thing happened on Friday and I realized I had entered into I traded forex at 10:40 but when I realized the price was starting to build up I closed the position because I realized the price was going to go forex trading to that low before taking off to that high, I was back in the same place I did again.
How do you end up exiting a Forex trade early?
You realized that you used what happened previously as a lesson and you made the decision to do it and you saw it happen firsthand again and you will see it happen over and over again but you made that decision and see how you ended up cutting it off early and you simply re-entered because you knew what happened didn’t have to happen for it to be Your bias is correct or you take a trade that has happened and you end up winning Forex trading.
I can only tell you that in the frame the way you should think about it but it’s up to you to make that decision to think that way or not how do you know when it’s the ultimate manipulation because every time frame shows there’s no reason to go down as often when you think it’s the ultimate manipulation But it ends up not being that way because you’re too magnified.
Reducing the time frame in Forex
When you zoom out on the larger time frame you realize that it wasn’t a manipulation it might be a manipulation whatever the internal model is but the external model hasn’t been manipulated yet and the manipulation for example looking at this pattern if I were to zoom in here And I was going to look at this and say we just crushed this last pregnancy.
This is going to be forex trading so why do we end up going back to this cuz when I zoomed out this low wasn’t there this low is just a simple internal price action and when we plot the actual range we also go back to the OT and this order block and we had the SMT to check Of its validity note the time you noticed the reason how SMTS occurs at the best times when we expect the possibility of SMT being there.
What will SMTS happen in Forex?
Most of the time in areas where we expect it to occur Why do we expect SMT to be here What do I mean when I say SM validates this model SMD validates this because it is in our minds when we think about if we are approaching this high and we think this low is going to become Forex trading.
There is no reason for the price to fall if this is going to be turtle soup so why is there what will show us and verify that there is no reason for the price to fall in SMT I got one real fast set when it is confirmed for example there will always be an indicator that sweeps the liquidity before the other variations in The way the order flow is printed.
For example, if we look at this SMT and we had to look at the Es at the same time how close or bearish the price action is responding in spread to the NQ at this specific moment the es are low let me zoom in even more the NQ is low how do you know this is going to hold up well NQ takes this low.
How do you know that ES and NQ will take your trade to profit from Forex?
Let’s not go over this first because how do you know that ES and NQ will always take it first well let’s take a look at this example right both ES and NQ took this low and let’s look at the time they took it at the same time 1037 is easy to understand Not SMT.
But the times you might get a 2-minute spread How do you know it’s going to be validated depends on how you print the order flow What do I mean by that NQ sold out is extremely hard all the way to go Take that slow ES is nowhere near take that low.
Summary
In forex imbalance there is a reason for another reason the price bounces here we are back to the OT of the range as well so we realize how close we are to taking it and what the drawdown liquidity is SMT in favor in an area where we expect the SMT to print if the SMT is not in favor drawdown liquidity in many Often it will just be a rebalancing of the price or going target whatever the internal drawdown of Forex is.
