Hello! I am new to forex. I am wondering how one would calculate when to enter a trade. I appreciate and help/ resources. I know I shouldn't enter a trade without this knowledge, so I was wondering if some one could help me in the right direction :) Thanks!
Here's the overriding fundamental principle that every trader should be aware of at this time in the currency markets.And,we are not economists but every trader that trades currency needs a basic understanding of the economic calendar as well as the dangers in today's intervention by central banks.Be aware of trends :https://www.youtube.com/watch?v=UBXjlNNNFus
What you hear on you tube and TV has nothing in common with what is the real inside fundamental reason are!(don't fool your self no one will let you in on the real reasons).Like you said, you are NOT an economist so don't try to be one.