فوركس ساتو

This is what can happen now.
<<1>> If the price continues to drop down and drops below the
price of the last low then immediately cancel your as of yet
unfulfilled entry order. Chances are that either you’re seeing a
reversal, or you’re just seeing a bigger pull back (remember
micro/macrocosms as we discussed about earlier? This is probably
a dip from a larger swing from a larger view.). Either way you’ve
cancelled your entry order and you didn’t trade. No profit and no
loss. For the FOREX Surfing strategy we’ll call this a “dud”.
<<2>> After the price has gone down it will turn around again to go
up. As soon as the live market price hits your entry price then your
trade will become active, and you are in the market.forex sato
<<2 – A - Good>> Now that you are in the market the price may
jump around. It may drop down further, but come back up, or it
may just continue to go up from your entry price (which often
happens when it’s doing an “extension” (a Fib term) in a Micro
Trend). It keeps going up, and up, and up until it hits your limit
price and then you automatically exit the market with a gain.
<<2 – B – Bad>> You’re in the market now, but the price drops, and
drops some more to hit the price of the last significant low where
you put your stop. Too bad, so sad, you just lost some pips (how
much depends on how big that wave was). Remember to practice
good equity management and never to trade more than you can
afford to lose. Please read what I wrote about this in eBook #1. So
you just lost some money… don’t worry you’ll make it up in later
trades.
Why does this strategy work? Well, this is kind of based on
Fibonacci trading rules. Basically, the general principle is that in a
trend when prices cross over the top of a swing then there is a HIGH
FOREX Surfing Draft
PROBABILITY that it will continue in that direction without
dropping below the last significant low.forex sato
Eventually you will have to experience an instance where the price
does penetrate the low because prices do reverse. What you are
capitalizing on is that about 80% of the time you’ll be “right”. The
key words from the above paragraph are “High Probability”.
Remember the trader’s saying “a trend is your friend – until it
bends”. You can make a lot of money while the “trend is your
friend”, but sooner or later it has to end. When you properly follow
this method then the odds will be in your favor.
forex sato