Quote:
Originally Posted by generalz
your profits will soar when you hit a trend..
|
I wanted to comment about this sentence in a particular way.
If you use a moderately good long-term system, you will be able to catch those "thousands pips" movements and trends. You can still enter early, at the same time you limit your risk with false signals.
When I look at the GBPUSD trends in a weekly chart for example, it's amazing how you can catch the start of a big uptrend/downtrend, similarly all other pairs.