Make The Trend Your Friend In Forex by Kenneth Agostino and Brian Dolan
ARTICLE SYNOPSIS ...V. 22:9 (14-20): Make The Trend Your Friend In Forex by Kenneth Agostino and Brian Dolan
So you didn't see that last headline-grabbing market
move coming? Here are some techniques you can use
to make sure you'll be prepared next time.
Of the many market sayings that traders throw around, none may be more overused and less understood than the adage "The trend is your friend." All too often, the phrase is used after a trader has taken a countertrend position and subsequently been stopped out at a loss. At this point, remorse sets in, and most traders kick themselves not only for having lost on...
AUTHOR: Kenneth Agostino and Brian DolanDATE: SEP 2004SUBJECT: Forex Market