Studying price action by observation. If you like to use M5 or M15 charts you need to understand when price is going to move. Everything is fixed by the big boys.
They turn the market everybody jumps up they speed up and then suddenly they stop it and reverse and the big boys are making amazing percentages from all traders that thinking price will comeback to them.
This is a small tip i will give you! Mark the H4 candles at open and close price. Switch back to M15 or M5 whatever you like and if you see H4 bodys to body watch what will happen on the smaller tmfs!!!
Ok, NOW we're getting somewhere... I can fully believe all of this.
What does one do in this situation? Pending orders? How exactly do we go about preventing the obvious losses that would result from those people's actions?