Secrets Forex Trading Strategies To Forex Success?
Forex Trading Strategies – Secrets?
One fine Sunday afternoon, on a trip to Madrid with a couple of friends whom are Forex Traders just like myself, I was asked this question:
“Hey Pat, where do you think Euro-Dollars is heading by this upcoming week?”
I looked up from my favorite book of that time – Angels and Demons by Dan Brown, with a bit of a frown reflected on my facial expression.
“I don’t know, really,” was my reply to the eager John, whom have been a Forex Trader for 4 years, and is now shrouding with disbelief at my response.
With the great amount of profits and consistency that I have achieved in the Forex Market, long before I have joined Forex Vice Forex Signals, and as my full time career, I have been asked countless times on my “forecasts” on the market. And not for a single time that I ever had a convincing answer.
Because no one really knows. But I wouldn’t be achieving much success without knowing where the price is heading – both long and short terms – or would I?
In contrast to what the majority of the Forex Traders believe, the long term winners in the Forex markets didn’t outsmart the market, but instead, I believe that we react to the Price Action! What I am saying here is that, reacting to the market movements is a lightyear more profitable and consistent than forecasting the Forex Market.
Do we foresee what major global events might turn out on the news tomorrow? Do we know with certainty if the oil price will sink by 5% the next morning? How about the overall sentiment of the market the day after?
The only thing we can be certain here is – We don’t know.
Forex Trading Strategies – Predicting The Forex Market
That is why it is impossible to predict the Forex Market with certainty – and predicting the Forex Market is exactly the subsconcious behavior of 90% of the Forex Traders. If one has been adopting this trading mentality in the market, sooner or later he will be wiped out trading Forex due to the costs of spreads alone.
The good news is that, with enough screen time and monitoring of the Forex Market, the Price Actions and the Fundamentals, we are putting ourselves in a very strategic position to react to the market movements, and ultimately profit from it!
… But the bad news is, despite many Forex Traders might have already know this, they failed to take action altogether. Some didn’t have the time to spare, some just couldn’t digest this enormous amount of real-time information, and the rest might be downright lazy despite having profitable Forex Trading Strategies in their hands.
At Forex Vice, we have set up a formidable team to monitor the Forex Market around the clock, carefully fine-tuning our Forex Trading Strategies, patiently waiting for golden opportunity to show up, and if it does, we’ll make sure we get hold of it. That’s how we achieved our consistent profits over the long term. With our latest Mimic Technology to enhance our Forex Signals delivery, you can now copy the exact same trades we trade, profit the pips we made, 24 hours day, without needing to go through all the tiresome preparations and long hours.