Using Daily Candles now. What goes up must come down. From the chart, it seems like the trend is going down slope again. I entered the trade when it rose up a little (After 3 small green Candles). Set my Stop-loss at the previous high.
This is a longer and slower strategy, which I suppose will take around 3 working days. In the mean time, I will buy a Forex book and absorb it.
I searched the net and quite a few people mentioned about Kathy Lien's book, which is the below. Think she used to be a Forex strategist for one of the big investment banks. So, it is pretty cool for someone high up in the corporate ladder to expose the knowledge and strategy she knows.
Think I will order the book online now, since its like 25% cheaper than buying from a bookstore. Sad that bookstores and many physical shops are declining due to internet stores. But well, change is the only constant. If you are Singaporean and want to purchase books online, you can try what I am using, Fishpond.com.sg.
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