hi @TYGMedia, i understand averaging is an aggressive concept that we do undergo, however, why do we need to apply futher agressivenes such as using higher capital and risking more, i feel it would make more sense to reduce risk at this high risk time.
please correct me if so
: i do understand the concept of averging is agressive however, does that not mean we can reduce it by using less capital is that your point?
The reason is simple because of the absence of the institution players. You may look at the economic calendar, many bank is still in holiday. Even they have activated, most of the staffs may still on holiday leave.
When no big player, the smaller institution may “move” the market by using their capital. I’m not refering to CFD trader, but real market trader such as small to medium size hedgefund or institutions. They are considered as high risk manipulator.
Low liquidity is also tempting some brokers / market maker to be naughty, playing with spread, slippages and dance the candle easily for some extra benefit. So, it’s advisable to avoid around 2 weeks before and after new years.
Everyday I sit in front of my desk looking at my screen
Listening to the music above, wondering what to be seen
Life becomes soulless, to fight the unseen
As I have nobody to lean
No joyful ride to live for a lonely trader
This is a path of glory which can only be taken alone
Let the body rots piece by piece
Until one day, the market becomes … silence
i just realized how bad the current spread is i placed a trade for gbp/usd to long at the support level 1.25048 and it placed my trade at 1.25365 this is insane
I dont really know how FVG come to existence in SMC. But long before, there are few concepts about price gap and liquidity. More and less they are the same, even better and more flexible compare to SMC.
In the end, every thing will be back to us. All of these knowledge are only perspectives. They become real strategy when they can be applicable.
This is what happens when your name is so like someone else’s. I have a hard time, myself, convincing people that I’m not the composer of an orchestral work called ‘The Sea’. You can imagine.