Thursday 25 July 2013

LET THE MARKET SHOW YOU IS CARD!!!!!!!

The forex market is a market where personality differences determined results.There is a mind that trade forex successfully.After years of trial and error in the forex market, i came to a realization that the market does not care about you,the market can never be wrong, you are the one responsible for your results.
   There is a thought process that produce a consistent profit in the market.The results is largely a product of your mental attitude.Your approach to the market is drawn from the reservoir of your mental image of the market.
     The forex market is  structured, it required a structured mind, a structured thought process to produce the necessary and admired results.After years of trials and errors, it was dawn on me that the market will silently and sometimes obviously shows its CARD.It takes trained mind and trained eyes to spot when the market has succeeded in baking it for all trained thought, eyes and mind to take advantage.Market sometimes chose to show it cards at different rate and degree in all time frames: 1hr, 4hrs and Daily.

Let us consider the below chart examples