Buy Into Motion = Chasing A Trade
When a trader sees the market take off, then decides to place a trade, just because the market moved a little bit in one direction or another he/she is chasing a trade thus buying into motion. Never buy into motion. The reason is you see the motion, get excited, enter a position, and then try [...]
March 6th, 2009Market Structure
Click Here for Previous Post … This article is a continuation from a previous post from Darkstar at Forex Factory Market Structure: Now that we have established why the market exists, let’s take a look at how the transactions are facilitated: The top tier of the Forex market is transacted on what is collectively known [...]
December 10th, 2008Chasing the Market (3 of 26)
Wait for the market to come to you 100% of the time to prove that you are disciplined. If you chase the market then you are not disciplined. If a trader says he waits for trades but anticipate the signals and jumps in the market then he in not a disciplined trader. He might win [...]
November 3rd, 2008A Financial World in Panic
In this article you will find more great information and advice on trading. This article helps a lot when dealing with success and failure in markets that are challenging. Trading is planning in advance how things can be if you plan and how things can be if you do not plan. Trading is not a [...]
September 30th, 2008Market Gaps
We are writing this because of the large gaps in the market at the open on Sunday September 7, 2008. The market does gap but usually it will happen on the opening of the market on Sunday. Occasionally a gap can be seen around a new announcement. It is not as large as the gap [...]
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