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Tuesday, October 14, 2008
ITS NOT THE HOLLY GRAIL OF FOREX BUT ITS WORKING FINE
I am writing this to get some opinion. Let say that you have develop a system. It may not be the holly grail but you manage for forecast turn and correction most of the time. People kept on asking you to share it. They want you to teach them the secret. What would you do?
Back to trading. GBPUSD downwards movements is declining rapidly in strength. It may turn around and fly away for real but as you understand, it takes time to turn. Just sit back and watch. If you are in profit, advisable to get out now. GBP is the 1st choice for long position. Be it GBPUSD or GBPJPY. It is the strongest of the all.
Back to trading. GBPUSD downwards movements is declining rapidly in strength. It may turn around and fly away for real but as you understand, it takes time to turn. Just sit back and watch. If you are in profit, advisable to get out now. GBP is the 1st choice for long position. Be it GBPUSD or GBPJPY. It is the strongest of the all.
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