I notice that Forex and any other market (i.e stocks) fall faster than they rise. It seems that it doesn't take a lot to make a market fall but would take substantial reports or action of traders to make it go up.
So basically downtrend is quick and fast, while uptrend is slow with corrections along the way.
This could be a way of using a short term swing on downtrends where i can follow the price closely and still make money. But use some kind of 'position' type trading on uptrends to allow corrections to take place
what you guys think??
So basically downtrend is quick and fast, while uptrend is slow with corrections along the way.
This could be a way of using a short term swing on downtrends where i can follow the price closely and still make money. But use some kind of 'position' type trading on uptrends to allow corrections to take place
what you guys think??
Working towards CME membership