Trade Like a Bank (Not Like a Casino): If you want to become a successful Forex trader, then you need to Trade Like a Bank, and Not Like a Casino. It's pointless to execute random trades like you're in a Casino without truly understanding how the Big Banks and Market Makers trade. Zoom out from the trees and look at the forest from a bigger and more strategic perspective. Trade Like a Bank and follow their movements as they simply move price from one end of the Monthly Pivot Points to the other end of the Monthly Pivot Points.
3 Step Process to Trade Like a Bank (Not Like a Casino)
Step 1: Identify Price Moving to a New Monthly Pivot.
Step 2: Stop Loss Behind Starting Monthly Pivot.
Step 3: Take Profit at the Next Monthly Pivot.