Financial Investing

Your FCM or forex broker has to act as a counterparty for each trade that you make providing you with liquidity. Now this can become a problem for the FCM or the broker when the market is thin and illiquid. The FCM or the broker cannot immediately offset the position in the interbank market.

The Big Figure Trade is an example of how you can take advantage of your retail FCM or broker limitation in times of thin and illiquid markets. Now if you have been trading, you know this that the market is every now and then testing a certain level. This level maybe a well defined Fibonacci level, a trendline or maybe even a big figure.

During intraday sharp price moves, the market will reach a certain level where traders believe it cannot go higher. Now most of the price action in the currency markets is self fulfilling. Most trader by instinct try to initiate short positions around a big figure placing their stops very close to it making the erroneous assumption that the overbought market will not have the energy to push past that big number.

But you are not alone, your FCM or the broker is also watching the situation and if too many traders place their stop loss close to a big figure number, they will mount a stop hunting attack. Now, it is essential that you understand the psychology of the other traders as well as your FCM. Bill Poulos has released his Forex Income Engine 2.0. He says that with his course you can reach a 4-5 figure part time monthly income. He is offering 60 days RISK FREE trial as well as payment in three installments. Bill is a highly respected trader, educator and a mentor. What he can teach, no one else can. He is also providing you with 8 weeks of FREE personal coaching on how to trade forex. His Forex Income Engine 2.0 teaches three ways to trade forex.

You need to watch the 4 FREE Flexible Forex Day Trading Videos that show Bill trading forex while taking his breakfast and lunch. Yeah, it can be that easy to triple your profits if you know the right tricks. Don’t miss these 4 free forex training videos.

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