There is no way to make money with FX other than trend following; trend following is far easier.
I understand that some people feel an extremely strong sense of discomfort when you say this
In reality, it is a fact that counter-trend markets are more common
In reality, averaging down markets are overwhelmingly more common
However, the concept that “a market where contrarian and averaging down do not work will occur”
always occurs in a trending market
This is also evidence that FX markets move according to traders’ expectations
Many traders who could profit without cutting losses hesitate to cut losses
As that reluctance spreads, the trending market grows more and more
And the trend approaches its end as people incur stop-outs and large losses
In reality, the FX market
does not rise simply because more people are buying
does not fall simply because more people are selling
Because people are contrarians by nature
A market that is uncomfortable for traders will come
Even then, the trades that can go with the market are trend-following
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