The most amount of money is lost and accounts are blown during FOMC and NFP because traders are trying to capture the volume driven candles with large lots. They also get stuck in pre-event price action during the ranging and chop without using SL's. This is a recipe for disaster, large lots, small accounts, it only take s a small spike to blow your account. This is not trading, this is gambling!
Tonight the casino is open, the drinks are free to entice you, only you can have that discipline to sit and wait patiently for the right moment.
Tonight the casino is open, the drinks are free to entice you, only you can have that discipline to sit and wait patiently for the right moment.
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Knights of Gold | Forex Education
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It was telling us what was going to happen
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What's worrying here is that Silver is suggesting higher. So that press conference is going to be telling if the markets waits for that
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In my opinion they're going to flip it
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://www.tradingview.com/chart/XAUUSD/U73QVfBM-THE-KOG-REPORT-FOMC/
Who knows! We have to expect it though!
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