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Today we will talk about a strategy that is called "Cherry Blossom". Many traders unfairly forget it, but it can benefit you. My Asian forex mentor once showed me one of the best Asian session forex trading strategies. The main idea is the following: American session usually leads the way, and your open positions will follow the direction during the Asian one. You will also need Fibonacci retracement levels.
When you hear that news has a big impact on the market, you imagine that the news itself has weight. However, it is not. It is the reaction of traders to some events that determine the direction of the Forex market. That is why quotes can be affected not only by the official releases of some important economic news. Today, even social networks can manage the market.
Is it possible to make money using Forex Advisor? How much money will you have to invest? What will you need to get the perfect experience? Read more to grow your profits.
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