[Archive] FOREX - Trends, Forecasts and Consequences (Episode 11: January 2012) - page 516
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I also think it is more expensive to buy against the trend..... We need a reversal at least for 5 minutes....
That's the thing, there is no trend right now, it's a correction.
Margaret what if the americans change the rate today where do we wait? Purely hypothetical)))))
USD JPY sold out!
Sold well.
That's the thing, there is no trend right now, it's a correction.
A 100-point correction. Well, it happens, too....
Correction of 100 points. Well, it happens, too....
Pulse 440, correction 260.
But still have to wait for a reversal, even if it is a correction.... Buy in a falling market. Yes, you may be lucky to get into a low, but you may not. If the level has been traded, there will be a test (high probability), and then you can buy, but otherwise...... is too dangerous!!!!
You should not get into it until the end, buy from 1.28-2837.