No no..I posted a link to the site after I saw someone else here do it. Was just wandering if BP has a deal with Mr Jonathon or it's a case of a loose rule.
I have spoken to BP moderators about different thing and this is what that told me regards this one.
People can post links to sites if the Information is free ,
Useful and adds to the thread.
The people posting links ate not connected to me. They are posting links to help another member. Throughout this thread there are links to tons of different sites with.useful info.
If I was to start posting links that would be completely different. That would be then classed as advertising so.obviously I don't.do it as have got in trouble in past with links to free articles, hence why I have has this explained to me from mods.
Makes me wonder if this trading style doesn't believe in the saying "buy strength and selling weakness"
Actually the complete opposite.
The best trades ate found within trends at retrace points within the trend.
We want to.be entering at value areas not at tops and bottoms where most retail traders are getting in.
Forex is the same as trading anything else in life. This may sound simple but not many do it:. Buy low and sell high or buy cheap and well expensive.
So an example would be this. If we are in clear up trend most will enter or buy strength. What happens is they see price go up and they buy. The smart money has already made money from the move up and when they start covering their trades and taking profit the market will retrace back lower. That trader along with all others who entered at strength will then be stopped. Once all stops wiped out the retace will end. This is where the value is and.where we want to get in. Price has pulled back in the up trend and before continuing.
This is why I often say if in up trend to buy signs of weakness (pull back lower), or in down trend to sell signs of strength.