Forex Trading: The Perfect Forex Trading System
Trading in the Forex market has gained popularity in recent years. But how difficult is it to succeed in the Forex market? Or let me ask the question differently, how many traders are making persistent profits in the Forex market? Unfortunately, very few of them, only 5% of traders reach their goals. One of the main reasons for this finding is that forex traders focus on misinformation while making trade decisions, forgetting the most important factor: price behavior . Most forex trading systems are created using technical indicators (intersection of muffin lines, oversold positions, sales on oscillators, etc.), but what are the technical indicators? The technical indicators are just a series of data points drawn on the graph, these points are calculated according to the mathematical equations applied to the price of any currency pair. In other words, the price action is drawn in a different way to allow us to see other aspects of the price . There is an important conclusion