In Forex Trading, an important role is done by Intuition. It helps to create confidence or doubts regarding forex decisions. Investors don't need real clarification, behind playing with intuition. Most of the traders have created their own intuition, that helps, to make decisions.
Now how it can be developed. Feel or the intuition towards the market, cant be possible to develop on its own. Though many persons built it very vastly as they start forex.
Now the thing many do believe is, keeping balance in a cycle is what an intuition is for forex. Now what matters, how to gain that balance. For bicycle, a person has to practice a lot, to earn the balance, simultaneously chance of falling is there. So ups and downs lead to proper balance. Same the case with forex trading, practice in the form of investment matters.
Now there are 3 simple ways to gain that:
All-ways stick on a single strategy and a single currency pair. A mechanical step is also required.
Test on previous data:
Its really very important. Please don't skip it. This the beginning of intuition development.
Forward Test:
Finally allow the test to move forward, if results in successful. Rest steps are already known to you. S developing an intuition depends solely on the person. How much time he/she's taking for the development of it.
