“Buy Low, Sell High” is one of the worst pieces of advice you could ever give to a Forex trader. How come?
Any Forex trading strategies you find out there are useless unless you know who controls price, and how they do it. Actually, it’s a must-know if you’re going to have any chance of winning. We should get started.
People look up “the best Forex trading tips” on google all the time, hoping to find some magic push-button strategy that will make them millions. Please understand — that will only get your account destroyed. But I do have a great answer that should be part of any Forex strategy.
The EURUSD is the most heavily traded currency pair in all of spot Forex. This is great, right? No, it’s actually the EURUSD’s biggest flaw. And unless you want to get destroyed over and over again, you need to know why, and what you can do about it. We go over both here.