Boris Schlossberg − How many times have we seen a currency pair trade opposite to the just released fundamental news often taking out the days' highs or lows and continuing on its merry way? On those occasions something else is going on in the market that we may not necessarily understand but must respect. Often the true story surfaces several hours later, but by that time the bulk of the move is done. One of the greatest ironies of trading is that as human beings we are naturally averse to "chasing tops or bottoms" when in reality they provide us with some of the highest probability entries in the game.Sunday, January 9, 2011
Forexpk.com Forex Currency Rates Pakistan - Forex Open Mark
Boris Schlossberg − How many times have we seen a currency pair trade opposite to the just released fundamental news often taking out the days' highs or lows and continuing on its merry way? On those occasions something else is going on in the market that we may not necessarily understand but must respect. Often the true story surfaces several hours later, but by that time the bulk of the move is done. One of the greatest ironies of trading is that as human beings we are naturally averse to "chasing tops or bottoms" when in reality they provide us with some of the highest probability entries in the game.
Subscribe to:
Post Comments (Atom)
panu
ReplyDelete