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and which event would signify the start of a trend/end of a flat?
Trading on the FOREX is very different from trading in any other market. Google will help you to find out how.
I advise you to compare trading conditions at least on the MICEX and on the FOREX.
In all seriousness - It is usually a strong move but necessarily linked to fundamental news. IMPORTANT NEWS.
I am not talking about the terms, it really is a trifle, but the principles of all the markets, and they are the same: either you make money for the "uncle" or the money goes to you. Or the money is made for you and you sit back and watch the process unfold.
empty talk about "nothing".
I'm convinced that long-term trading leads to human degradation. I am trying not to write that earning money is impossible, so as not to irritate the dreamers. Anyway, who am I to deprive anyone of hope?
The only way to achieve this, imho, is to gather a bunch of stops on the breakdown of a flat or to accumulate a position inside a flat, but here you can run into a general direction and stay without losses and without profit, if you do it on a week-long flat, it is not profitable especially for small and medium-sized depots.
empty talk about "nothing".
I am convinced that long-term trading leads to a person's degradation. The only thing I try not to write about is that earning money here is impossible, so as not to irritate the dreamers. And anyway, who am I to deprive anyone of hope?
What I mean is, if the movement is too late to rush, you should already be in the market, it can be achieved in the only way - by collecting a bunch of stops on the breakdown of a flat or accumulate a position inside a flat, but here you can run into a general direction and stay without losses and without profit, if you do it on a week flat, it is not profitable especially with small and medium depo
I don't know... I sold GBP 01/07/2014 at 1.71524 SL the current 1.55 , and I think I am a complete moron after that... Hope has nothing to do with it... Just work.
I agree, although sitting in an office and shifting papers from one pile to another - and then back again - is also not a very intellectual occupation.
If you are good at shovelling, does that mean it is an intellectual activity?