How To Trade Like Market Makers In Forex Trading

[moonchild]

Market makers are financial institutions or individuals that create liquidity by buying and selling assets in the market. In Forex, they provide the liquidity because they are constantly buying and selling currencies. as such, they have a unique perspective on the market and can make trades that may not be immediately obvious to others.

You have to focus on the bigger picture, market makers don't just focus on short-term price movements. they are more interested in the bigger picture and how the market is likely to move over a longer period. this means looking at economic data and political developments, and also other fundamental factors that can impact currency prices. so by just understanding the bigger picture, you can make more informed trades and avoid getting caught up in short-term fluctuations.

Market makers don't just look at one timeframe when making trading decisions. they use multiple timeframes to get a better understanding of the market. let me give you an example, they may look at a daily chart to get a long-term view of the market, but also use a 1-hour or 15-minute chart to identify short-term opportunities. By using multiple timeframes, you can get a more non biased view of the market and make better trading decisions like a market maker.

 

[Ephy]

Trading can be a bit easier if you understand the market trends and be able to understand them. You can as well study the indicators be familiar with them, choose the most appropriate indicator that you feel comfortable with and use avoid using too much indicators. Plus know when to enter the market and the time to exit the Market. Set your daily targets and also include risk management in your plan. Avoid over trading.