Anticipating trades in forex

[Judy Mank]

Make sure to anticipate your trades and follow some kind of written plan. What I mean by “anticipate” your trades is to make sure you never jump in the market on a whim or without any pre-defined reason. You want to always make sure you are basing your trades on logic and objectivity, not irrationality and emotion (like most traders). So, you should have all the key levels drawn on your charts, and assuming you have mastered the act of price action, then you can simply sit back and wait for a setup to form at a key level in the market. This could be known as preempting your trades…instead of randomly jumping in and out of the market, you are watching pre-defined areas in the market and waiting for price action setups to form near th