Let me tell one things about this forex market nature.It just ebbs and flow wherever it's like.
Thrust up and down,big and small,sometimes almost no move and sometimes suddenly explosive just like time bomb.This is just it own nature and behaviour.Nothing we can control about this "monster".It is govern by traders mass action and reaction around the globe.
Just like nature of the human feeling like you and me,up and down,do and don,t.
When we observe it carefully,the forex market is just flow like river as metaphors.
Carry with it thousands of pips along the way.
The only different to river is,it can also flow upstream beside going downstream.
Carry with it thousands of pips along the way.
The only different to river is,it can also flow upstream beside going downstream.
Just like river,when the water hit the rock,it will deviates before continuing again.
In forex,it will hit major support/resistance and retrive.
Then,push to continiue again in same direction.
In forex,it will hit major support/resistance and retrive.
Then,push to continiue again in same direction.
Likewise,there is time when the market is stagnant and almost no move,
it just going side ways.
The market will move in a small range.What we would to do is either be patient and wait or
trade the range with some risk in it.Just be careful with this stagnant condition.
it just going side ways.
The market will move in a small range.What we would to do is either be patient and wait or
trade the range with some risk in it.Just be careful with this stagnant condition.
Like water at upside of a dam,the longer its accumulate,the bigger pressure is.
Come one time when some incoming flood put enough pressure to
trigger the floodgates open.
It just flow like waterfall.It is thunderous and explosive and nothing can't stop it.
Come one time when some incoming flood put enough pressure to
trigger the floodgates open.
It just flow like waterfall.It is thunderous and explosive and nothing can't stop it.
If something like this happen in the market,the wise thing to do is to wait just below the floodgates.When it open,you'll flow with it.But,don't be too greedy,when it is still in your favour,take someportion and let's it flow.It can change polarity and reverse,
left you with empty handed.
What we see here is the forex 'market dynamic'.It has fluidity in nature.
It just flow fast and slow,stop,ripple,waving and change direction.
It just flow fast and slow,stop,ripple,waving and change direction.
Somebody ever wondering why I just write something like this.Because, different people have
different interpretation to understand this market code.Our job is to understand and decode
it, so that we can tap some of the money out of this 3 trillion dollar business for ourself.
different interpretation to understand this market code.Our job is to understand and decode
it, so that we can tap some of the money out of this 3 trillion dollar business for ourself.
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