Disliked{quote} True talk my broad To clarify myself, I'm not totally against counter trend, it can bring bread and beacon sometimes but most other time the pain it cost me to get out with something nice is much that I prefare to wait for the counter move to run out before I continue with the already established trend. I feel more at ease doing it this way. So I'm not saying in anyway that counter trading is wrong. Like you said good superior position management is what it takes to do the magic. Happy trading mate........Ignored
counter trend meaning u are looking for a discount in the main trend
as it stands now it make no sense selling from historical low i believe u can actually see it urself looking at the chart, correction to 1.20 and 1.25 is possible in 1M-2M from now.
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