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Old 14th July 2009, 08:09
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Pinalli Pinalli is offline
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Default Forex Tips: Don't ever try to pick absolute tops and bottoms

I know of traders that have an addiction with this. They always look to pick the absolute bottom or top and ride the market on the reversal. They succeed one or twice but eventually suffer a big hit. If you can't help it and you want to try and look for those huge turning points in the market at least use some sort of confirmation. Don't just guess "this is the top" or "this is the bottom".
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