The essence of currency strategy FX2u do not have any Forex trading system but could forecast the market trend accurately. Every set of Forex available has its disadvantages. The market trend could not be expected. If the market could be envisaged, depending on the RSI, PAR, MOM analysis techniques and some other theories, Forex traders could easily make a fortune. Many Forex traders could not obtain the expected result from the use of these analytical tools, and suffer huge losses.
The main reason is relying on some imperfect tools to forecast the unpredictable market trend is just a waste of effort. Therefore, the spirit of FX2u Forex strategy is to abolish the entire subjective analysis tool. To survive in the market is to follow the market trend, following the market trend is the essence of currency strategy FX2u. By using the opposite theory to enter the market, only lead to the loss. The reason is that if the market goes up, you can continue to grow. If the market drops, you may continue to fall. No one can predict when the market trend will stop. Following the market trend, market risk could be minimized, FX2u Forex strategy to advance the following ten principles: understanding the functioning of the market and how the market trend, otherwise no trade then entering the market, the Forex trader must put an immediate end of the market.
If the stop order has been affected shall be enforced immediately, never make changes to lower the price of the stop order. If the prognosis is poor, Forex traders must leave the market immediately, then retested. If the prognosis is poor, Forex traders must stop the loss and should not increase trade. Forex traders should admit mistakes, no mistakes continuously. All analysis tools are imperfect, mistakes can always occur. If the market goes up by Forex traders should buy, if the market drops the Forex market should sell, always follow the market trend. Forex traders should not provide the market price, because the prognosis is not going to be as easy as predicting the market trend. If the forecast is bad, once losses reach 10%, Forex traders must stop loss immediately, do not let it exceed 10%, otherwise it would be difficult to recoup the capital again. Alvin Han is the editor of