Thursday, July 05, 2007


20070705 1439 GMT. A short trade on the EURUSD (at the horizontal line). This illustrates the importance of trading wen the price leads the entry decision, confirmed by the indicator. Beginners are taught to buy low, sell high, sell high, buy back lower. However, this trade illustrates that trading with the momentum is another viable strategy.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart