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Originally Posted by David Rodriguez
Oh, I have an entirely different interpretation, Black.day.
At the risk of sounding corny and clichéd, what rises should be bought and sold higher. What falls should be sold and sold lower.
You'll see via SSI positioning that traders tend to leverage themselves too highly on a reversal of trend, when forex markets tend to trend for long periods of time.
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I agree with you David. In fact, I'm very good at picking both tops and bottoms in the market. The trouble is that buying the top or selling the bottom is can be hideously painful.
