I've been encouraged to contribute something useful instead of just f***ing around the whole time. Very well, T2W person who shall remain nameless, prepare to be bored.
I'll post some of my trades in this thread, and answer any questions in the unlikely event that there are any, or any readers to post any. I thought this was best in the beginner section because honestly this stuff is so simple and basic that if you can spell "forex" you will be insulted after you have read it.
By the way, I am not selling anything, and I never will. If you catch me trying to do it, chuck me some of the colourful abuse I am so fond of dishing out to others. I'm starting this thread because I have been shamed into it by a very friendly and good-natured private message.
OK, enough dribbling. My entire trading method depends upon a very simple and radical concept. This is an understanding of what causes price to move.
You might have your own ideas about this and good for you if you do. Pretty much everything in trading is opinion in my opinion, so disagree all you want. Don't bother posting it though, because I don't give a fat rat's a$$ about your opinion, and I hope you have the good sense to feel the same way about mine.
So, what causes price to move? Interest rates? Economic data? Company reports? NFP (whatever that is)? NO.
None of those things can move price by a single pip. It is a physical impossibility, so get used to it.
Supply and demand cause price to move. That's it. Nothing else.
I don't care about fundamentals at all. Not one bit. Why should I? There are virtually no retail traders (including me) that are trading shares, currencies, futures or whatever. If you think you are, think again. 99% of you are not, regardless of whether you trade shares, currencies, futures or whatever. You are trading something else, and it will be of enormous benefit to you if you can work out what you are really trading.
All you need to trade successfully is patience, discipline and the knowledge that supply and demand cause price to move. EVERYTHING that I use stems from this one simple fact.
It helps if you can understand that everything on your chart is an illusion, and depends entirely on your perspective, with one exception. That exception is price. Everything else, all the TA and PA and straight and squiggly lines in the world, all of it is at best total and utter bullsh1t. It helps if you understand this, but it is not essential.
Next post will show a trade that I took today. I warn you now that this one, like all the others that will follow it, is soul-crushingly dull and unbelievably simple.
