Really. The question is whether you can predict in what direction they'd develop.Originally Posted by ;
quote Surely Concur. The major economic events and important news are creating the bigger candles
Really. The question is whether you can predict in what direction they'd develop.quote Surely Concur. The major economic events and important news are creating the bigger candles
I believe that you can predict certain number of pips predied on support, resistance and other standards. But predicting one may be impossible. At least I presume so. If anyone can, he has to be genious. Trading is the game of probability. Nothing is certain. You've got to take position based on probability.
In my opinion, there's not any one who can forecast the real faction of this market place with certainly, but real professional traders occasionally can do it of course due to having long term analyzing expertise. If you want to predict large candlestick, be edued by real fundamental knowledge.
There's no certainty in market analysis, only probabilities. Those who can do analysis with increased likelihood are the people who profit.
It is possible already. Need more endurance and consistency.
Yes, consistency is the foremost obstacle in every part in particularly Forex trading, but its a real challenge and we generally fail it with successfully. Because we want to success very quickly from this stock market without passing a long time.
@NathanAstel, generally I prefer slow but steady profit rather looking for rapid achievement. I really don't enjoy taking big risks in order to make fast major profit, I favor small but stable profit
Sounds wellâ€stable profitâ€. . But honestly speaking I have never found at any men in this market place who will make profit securely, every faction in Forex includes enormous risk and we have to earn profit within this risky scenario, so no way to avoid risk entirely.
When you are dealing with Forex, you cannot dismiss the significance and effect of a methodology between Technical analysis of this market. It's crucial to predict price trends from accessible price and volume information.
Big Candles will give you the ability to pinpoint a change of direction. If you use other technical methods as supplemental instruments it may generate tremendous amount of wealth to you in Forex trading.
Hope that this helps.... Have a joyful Trading
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