For the past few years that I have traded in the Forex market, I have encountered many such posts from traders.

Source: Reddit

As you can see, without warning, this trade suddenly changed direction, causing losses to many traders and even liquidating some accounts. Interestingly, there was no major Forex news release.

What happened here? Why is it that suddenly a trade that was selling changed direction completely in less than 30 minutes never to reverse?

Many traders will tell you to avoid trading GJ, gold, crypto, or USoil because of such movements or to look beyond Forex factory and Bloomberg for more Forex news or to analyze the political situation happening in the country.

However, these won’t help. You can’t keep up with everything happening in Forex and in every major economy. Besides, in Forex, if you are going to lose, you will lose (unless you are very shrewd).

Fortunately, I have something to share.

I know the secret to avoid being caught in such a situation and I am sure you also want to know.

Join our Reddit community and learn more!