Day Trading Forex Live – Advanced Forex Bank Trading Strategies

How Smart Money Controls The Market – Did You Know?

February 08
10:08 2014

I mentioned something in one of my Binary Options members videos I made this week and I thought Id just highlight a few important points that might clear things up regarding Smart Money Manipulation. Manipulation does not only occur on the charts, but it sure as hell does on a mental level as well! Let met me explain exactly what I mean.

I know for a fact traders are so tempted to look at their open positions every damn few minutes and so does Smart Money.

Now what advantage does this give SM?

This gives SM the perfect opportunity to manipulate your mind, forcing you to second guess your initial trading decision. How many of you have ever thought about it in this way? Let’s look at a classic example to illustrate my point.

A perfect DTFL setup occurs at a significant level, screaming out at you to enter a short position. You follow the rules and get a perfect pullback entry for your short trade. After gaining 15pips out of the market price turns and spikes up putting you at – 5pips in a matter of 5 minutes. You start to second guess your first decision and doubt yourself. You decide to take the -5pip loss and exit the position. We all know what happens next…. Price pulls back forming a nice pin bar and drops off from there, leaving you pissed at yourself once again.

Believe it or not but you have been MANIPULATED on a mental level by Smart Money yet again. Don’t be Smart Money’s Puppet!

Market Manipulation

I Really Hope This Is An Eye Opener, Helping A Few Of You With Your Next Trade.

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About Author

Sterling Suhr

Sterling Suhr

Hey everyone, my name is Sterling Suhr. You and I more than likely have quite a bit in common when it comes to Forex trading. Like most, I started trading Forex and thought it would be rather easy.Everything I read said it would make you profitable so why wouldn't I believe it Forex trading was easy? The unfortunate part is that belief, and the hope that goes along with it pushed me into buying every scam Forex product there was. I've tried every EA, software, strategy, chart pattern, candle pattern, signal service, etc, all with negative results. The bottom line is mainstream Forex trading strategy will continue to fail retail traders. It wasn't until I realized this point did I begin to see success.On a personal note I currently reside in South Western Michigan. I personally love this part of the country and enjoy having a taste of all four seasons. I was recently married in May of 2012 and Chad has given me a stiff warning to not have children:) As a personal hobby I enjoy aviation and really anything to do with the outdoors.

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