What to do when you have more than equal height in Forex
What do we expect those areas to be when we have a lot of relatively even highs when we have a lot of areas where a lot of highs are resting, we know that a lot of liquidity is resting there and we know the market is going to push into those areas, so when we can align the inside pullback with The external drawdown that creates these highs and then aligns this on the larger time frame is Forex Trading We know that the confident trade we can take targets the internal lies because there is no reason for the price to be lower than this.
What to do when you have more than equal height in Forex
Regarding the larger time frame pattern now a lot of times when people are very zoomed in, they’re very afraid to take a setup like this because they don’t realize that there’s no reason for us to go lower than this when you zoom out or when you’re zoomed out a lot like this, that can tell you That’s just a lot.
But when you simply take a step back and view the bigger picture, you get a better understanding of the idea of what the price wants to do right, you’re aligning the inside drawdown that’s its pattern with its pattern, that’s the forex trade side of the curve.
But at the same time when you zoom in on this also the Forex trade side of the curve, so when you align the inner pattern with the outer pattern, not only do you get a single number more efficient price action notice how the price simply ran straight to that high not only do you get a price action More efficient but you get more conviction and greater overall probability with any deal.
The exchange between two transactions in Forex trading
It might as well be the two trades I took were number one this long year after we ended up trading forex on the larger time frame we had a validation forex trade to align the inside drawdown with the outside drawdown and again I targeted these inside highs I didn’t need to see higher Trust the most money.
The most consistent I as a trader is when I take what is given is low-hanging fruit I’m very confident that we’ll take these highs I’m confident that we’ll probably end up taking these highs as well yeah but it’s not low-hanging fruit or what I consider to be low hanging fruit and when it goes Simply go into the market and get in the mindset of oh I could have made more or I could have done this.
Making mistakes can lose you a lot of money in Forex
If I had only known you held this I could have made you a lot of money here when I find I do this I make more mistakes and make less money now it also depends on who you are as a trader could I have held a position like an extra contract or two to here at all.
But at the same time, most of the time you would probably have stopped in profits right cuz we’re rebalancing stopped in profits you also have to think about the mental capacity to hold through a trade like this when you enter here let’s say you know $2000 here you take off half the price of your position withdraws Again and now $1,000 of $1,000 of that position you just had.
You must have the ability to react to a Forex loss
Do you have the stamina and the willpower the confidence to know that you can hold that without taking it off and focus on the risk more than you focus on the actual pattern itself that’s when I come to the realization where I say guess what I don’t even want to worry about that, I’ll just take my pending forex trade and not In doing so.
Not only does it make you more confident in what you are trading, but it also makes you more aware of your feelings because I no longer give a chance and am put in situations where these feelings will arise. The only time in Forex when you become emotional or have anxiety when you are trading is because you are doing something that you are not sure you are not doing. before.
A good decision does not necessarily make you money in Forex
Unless you do it enough or you have too much volume you have too much risk you don’t accept whatever this decision is and when you have to understand the psychology of trading when you don’t understand whatever this decision you made when you start to become emotional because you don’t have any personal inner conviction. With anything, I don’t even give a chance to be put in those situations where I know I’ll probably end up making a bad decision.
Focus on data in Forex
If I’ve done this thousands of times before and I only made this decision because I’ve done it thousands of times before and since I’ve done it so many times I know I’m more profitable and more consistent when I just focus on taking what’s given to me and don’t focus on anything more and when you start comparing.
When you start looking at oh, I could have made this, I could have made this when the negative stuff is when you simply go into it and accept exactly what is and what is being offered and what you are confident about and what you know you can handle emotionally and what exactly looks like a successful Forex trade.
Summary
Forex Trading Nothing is perfect It’s like riding a bike, it’s as easy as just getting up and riding your bike That’s how Forex trading should be so repetitive, consistent and so natural that every decision you make is just riding a bike It’s not something you forget it’s simply muscle memory And my goal is for you to understand You guys are reaching that point in your Forex journey.
