Towards the end of the reading, these where the authors own words, may I ask permission to quote it “This whole process taught me the importance of considering large time frames during my trading analysis, and also the fact that automated strategies will never to totally reliable because they lack the human intellect to consider real-time fundamental changes in the market”.
This trader is not only correct, but did demonstrate from the statement above that she understands market price dynamics.
Granted, every forex trader wants to make profit. The old trader feels very badly when he sees he still get trade losses and the newbie trader becomes even more nervous and don’t want to get losses. In this article I want to remind the older trader and show the newbie traders what works, don’t quote me wrong, for some it works for them – understand my personal trading secrets am about to reveal for the first time…