Trading systems like the Elliott Wave Theory derives its value from anticipation. And that anticipation comes from identifying the fractal the market is wanting to form next. The challenge is that there are points where you can't really be sure what the fractal is, and you simply have to take a step back and wait it out. When the market reaches those points, you can generally simplify your approach assuming you choose to attempt to trade at all during such times which is up to the individual trader. Forex Trading professional training videos
Forex and stock traders are looking for the consistently wrong investor, trader and take the opposite position. This will obviously lead to winning trades for them. All traders have read trading books that point out that increasing volume is good for the continuation of the trend. Many new stock traders will try and fight the trend.
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