Most Forex traders are technical traders. They look at candlestick charts, draw trendlines, calculate Fibonacci retracements, throw in some MACD & Stochastics, wait for everything to line up, and then click on that order button, with fingers crossed behind the back... But it's a HUGE mistake to think only technical, the professionals who make a living trading Forex understand this... but not always in the right way. A lot of pros will twist your ear talking about how MENTAL trading is, controlling your emotion of greed and fear is the key to everything, and all that... They have a point too. You can't ignore the mental part of trading on Monday and expect to have a profitable week on Friday... But there is a VERY CRITICAL fact that almost everyone misses. And until you understand this "missing link" fact, you will NEVER be good at Forex. Never. http://newstradiy.blogspot.com/#
