Just another thread about nothing. You have the same probability calling a pullback right as you do a divergence. It's just describing the same canundrum that we all face: there is no easy way to make money with forex.
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DislikedPicking tops and bottoms is a horrible idea, I'm not sure if anyone can do it consistently. Most times traders try to pick what they believe is a top or bottom, and then end up averaging into the position (another bad idea) when price continues in the direction it was going, to try and salvage a bad trade to begin with. I think it is simpler to assume price will continue in the direction it's going, trends are powerful things. It took me a year, but I finally stopped trying to pick tops and bottoms, and I'm doing much better now.Ignored