Heres Some Great Reviews & Information on Nial Fullers Forex Trading Course For Traders.
Wednesday, September 29, 2010
Gold and currency movements
Pretty insane movement in Gold and some of the currencies last night. Gold formed a massive fakey setup which resulted in an explosive move up over $1,300 an ounce. These types of movements are somewhat hard to catch because they happen intra-day. However, trading with the trend is still the best way to go and it's how I learned to trade from Nial Fuller. I personally feel like trying to take counter-trend positions is a fool's game and I have not really had much success at all taking positions against the trend. Many beginning traders get caught up with trying to pick tops and bottoms and it simply is a loser's game.
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