Core Concepts Episode 5: Reversals

27.03.21: No Nonsense Forex, Core Concepts Episode 5:

Forex Reversal Trading vs Trend Trading (Don't Screw This Up)

Buy low, sell high is the shittest advice ever.

Overbought/oversold does not exist in Forex.

Currencies are not stocks.

Equities have real values attached to them (products, assets)

Currency prices are whatever big banks decide them to be.

Big Banks love reversal traders
News is only there to fuck with you.
Stop being a pawn for the Big Banks.

Reversal tools suck, and reversal trading makes it too hard to be consistently profitable.