Here are some questions that most people trading currencies don’t know the answers to. Many don’t even know to ask the questions, do you? If you do, do you know the answers?

• When I am ready to place a trade do I know if the market is in a risk position or a value position?
• If I am trading the dollar, which way do I trade it if the market is in risk? If the market is in value?
• If the market is in a value position for the moment but the predominant view is risk how will I trade?
• If the market is in a risk position for the moment and the predominant view is risk who will I trade?
• How much do Dow Futures affect the currency market?
• How much do treasuries affect the currency market?
• What is the most significant market factor to consider when I am entering my trade?
• Will the market move when I trade or will it sit? What have I determined will be the cause of it moving?
• When I enter is the market still in volatility, or is it in momentum?

Do you have a list of questions like this to ask before you enter a trade? If you have the list, do you know how to get the answers?

If you don’t know the questions and if you don’t know the answers, you will have trouble making money in the retail market. These are just some of the questions you need answers to before you hit the buy or sell button on your computer screen. Learn the answers and you will change the way you trade, profits will follow.

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