A big problem for many traders is that they want to simply apply one trading strategy to a market all the time. However, markets act quite differently depending on what’s going on technically and fundamentally. Without taking such factors into account, it’s easy to think that a strategy that loses money must be a poor one, but this isn’t necessarily true. One such factor is the backdrop of central bank activity – and you really must make sure that you’re ready for this kind of financial news before it happens.
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