HOW NOT TO BE MANIPULATED BY THE MARKETS ( AS A BEGINNER IN CRYPTO CURRENCIES AND FOREX TRADING MARKETS )

How not be manipulated by the market as a beginner in Crypto Currencies and Forex Trading

⁉️ π“πˆπ‘π„πƒ πŽπ… π…π€π‹π‹πˆππ† πˆππ“πŽ πŒπ€π‘πŠπ„π“ πŒπ€ππˆππ”π‹π€π“πˆπŽπ?

Forex trading is not just about technical analysis, candlestick patterns, and support & resistance lines!

There are 𝐦𝐚𝐧𝐲 factors that influence the market every day.
And many Traders get caught out by these things and lose their trades

πŸ€” So what is the Solution? πŸ€”

πŸ‘‰ For the retail trader, complexity creates an illusion of certainty that’s inherently not there.

Keep it simple.

1. Price action

2. One or two indicators max (if any)

3. Effective money and risk management rules

4. Mental edge (positive attitude, perspective,
awareness, wisdom)

The FOREX market is a zero sum game, which means that for a trader/institution to buy/sell 1 currency pair it’s necessary that there is another trader/institution with an opposite position.

If Smart Money (Banks) want to buy a currency pair they will need sellers in the market, the existing facility to place these positions In the market is called LIQUIDITY.

βœ”οΈ The Liquidity is defined by Stop losses, where the Stop losses exist is where the liquidity also exists.

Smart Money needs to activate the stop losses of existing orders in the market so that they can place their positions in the market.

βœ”οΈ In the FOREX market there are two types of liquidity, which are:

1. Buy Stops Liquidity (BSL)

The BSL is originated by Stop Losses of sell orders, after the BSL is taken, the market reverses to the downside, because banks use
the BSL to place sell orders in the market.

2. Sell Stops Liquidity (SSL)

The SSL is originated by Stop Losses of Buy orders, after the SSL is taken, the market reverses to the Upside, because banks use the
SSL to place Buy orders in the market.

βœ”οΈ PMH & PML – Previous Month High & Low

PWH & PWL – Previous Week High & Low

PDH & PDL – Previous Day High & Low

HOD & LOD – High Of Day & Low Of Day

OLD HIGH & Low – Swing High & Low

EQUAL HIGHS & LOWS = Retail Resistance & Support.

Be disciplined every day.

In every trade.

And the market will reward you.

But don’t claim to be disciplined if you are not.

If you trade with discipline 9 times out of 10, then you can’t claim to be a disciplined trader.

It must be practiced in every trade.

Invest for the long-term.

Don’t get caught up in short-term market fluctuations, focus on building a portfolio that will grow over time.

It might not be today or tomorrow but trust me, one day FOREX and CRYPTO will pay bills πŸ“Ά

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You must first have an account to take advantage of Bitcoin
For information on how and where to open the most profitable crypto account the easy way

https://www.binance.com/en/activity/referral-entry/CPA?fromActivityPage=true&ref=CPA_00R9LJ2LDW

The best traders need:

1) Discipline to follow the system

2) Confidence to execute the system

3) Patience to execute the system

4) Persistence in the execution of the system

5) The system that is tested and proven

As a beginner in Crypto Currencies and Forex Trading Markets you must understand these basics in order to make money.

Published by Spartzfx

The best place to learn about opening a Crypto or Foreign currency account. Also learn when to enter or leave the market at a great profit.Take Action. Open a Crypto or Forex account... today. 1HedkmZGMb1qZcc6QgLyQb8jXvy6nMHmbf is the wallet to support us Thanks

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