Best forex trading strategy that can generate huge profit fast ~ forex candlestick trading system
Before we look at the strategy, lets look at one of the biggest myths of currency trading and its this - Forex prices can be predicted in advance. This is believed by most new traders and its rubbish because if they could, we would all know the price in advance and there would be no market.
This message is sold by vendors of cheap software packages, who claim you can make money with no effort, with their predictive software and what happens? The predictions of the software are as accurate as your horoscope and the user losses.
Now the savvy trader knows, the best way to trade Forex is to trade the reality of price change and NOT predict and he simply trades breakouts to new market highs - why?
Because if you look at any Forex chart, you will see that this is the way all big trends start and continue from these breakouts and if you dont believe me, look at a chart and you will see it happen in every currency pair.
Most traders cant buy a breakout, because they want to predict and a breakout doesnt allow you to do this, you miss the first part of the move but that doesnt matter - why?
Because if it is a break of a level of resistance which has been firm in the past, the odds are, that the trend will continue in the direction of the break. Sure this trader misses the start of the move - but he has the odds firmly on his side and huge profit potential ahead of him.
Breakout trading is at the heart of some of the worlds top trading strategies and if you want to make a lot of money you should include this methodology in yours.
So learn to trade high odds breakouts and you will have a Forex trading strategy which will always work and can make you huge Forex profits in 30 minutes a day.
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