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silent192

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  1. I mostly just recognize support and resistances from previous price action, worked fine so far.
  2. I'm a trend trader because I found I got most results out of it and its interesting.
  3. I am mostly a techincal trader but if I recognize some big news Imma ride on it. I use MA 20 boillingers,volume,momentum but all of those indicators are just for confirmation I make trading decisions mostly base purely on price action (support/resistance). Actually indicators are very helpful for determining when the trend I'm in is stopping,slowing down or reversing but entry/exit are always support/resistance.
  4. hahaha it is easy in a way you don't have anything physical to do but psychologicaly it is very hard and if you spent any time on a real account you would know that, if it was so easy and provided such a good paycheck everyone in the world would be trading forex
  5. Market is controled by free market rules, meaning supply and demand control the prices. If something is in high demand but there is not much supply the price will go up and if there is an abundance of something but not much demand for the same thing the price will go down. Now who is behind that huge demand and supply I would say big banks and such institutions us retail traders can only follow the path they carve for us.
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