Forex Trading 2018- TA/FA- Setups and discussion, page-3367

  1. 2,131 Posts.
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    Hi Ashley

    Great win there, nothing better to wake up to a good win.
    But I must take you to task on FA being better than TA. If you learn PASR price action trading, you will learn to understand how the news is going to move the market often days before the result is announced. If you look at AUDUSD, how do you think I knew it was safe to throw large short term trades at the AU last night. How do you think I knew the result wasn’t going to be good last night. Have a look at only the Day chart for the answer. Last Friday the Day chart clearly turned bearish along with the weekly setup.
    The big players know these results early which is normally around a week before for a US pair.
    With this information, we can plan to safety trade short before news knowing we have a 80% chance of being on the right side of the market.
    Therefore I am saying I read the news early in the charts, long before a FA guy can work it out.
    Therefore I am saying the TA trader can really be a FA trader in disguise.
    The Day chart swings allow us to know where the big players are putting their money.
 
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