Wednesday, February 5, 2014

546 - how bout maybe...

looking back at the charts, I thought maybe why not be a contrarian. Like what someone said, not sure if its Nial Fuller or the Naked Trader book, contrary happens more often then breakouts.

And also, I only want to hold for a few days, it may be a more suitable strategy.

Since I will be a contrarian trade, I will identify those charts that are ... can't remember the term from Kathy Lien book. But it is the opposite of trending. Which means that the currency pair tend to move up and down rather than 1 direction.

O... that term is 'Range'.

No comments:

Post a Comment