Are you just starting on your Forex trading journey? Are you unsure as to the difference between fundamental and technical analysis? Perhaps you’re wondering which trading approach is right for you?
The beautiful thing about trading is that it accommodates different personality types, and as a result, different trading styles have been developed. And position trading is one of the common trading styles in Forex.
There are many tools and information reports on the internet on which forex traders can make their trades. Some of those tools are useful enough to conveniently include in your trading strategy. One of such tools is the COT report.
The Forex market always moves in patterns. This makes sense when you consider how price has and will only move in one of two directions: up or down.
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