Absolutely, and agreed. that makes every sense if you have opened shorts from a top.
but longs won;t exit either for exactly the same reasons. selling drops the price on a lack of buying to confirm the trend.
we are trying to trade the counter trend in the mean time.
if I have open long positions, I won;t give them all up until it is confirmed. likewise with shorts on a downtrend.
- Forums
- Forex
- eur longer term analysis
Absolutely, and agreed. that makes every sense if you have...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online