please could there be a way to make money in a down trend?help i need every inch i can muster
you’ve heard the old saying buy low and sell high? well just it’s the same thing in reverse… sell high and buy low.
sounds easy don’t it.
but a bull market as your title implies means that price is going up so you should buy, but if you think price is going down (bear market) then you should sell.
I’m selling the gbp/usd right now, it’s going to drop…
I hope
It really doesn’t matter in FOREX whether ithe “market” is “bearish” or “bullish”. Those terms are kind of meaningless. If you think the dollar is going down then go long on the EURUDS pair or short on the USDJPY pair. If you think the dollar is going to go up, then do the opposite. Just have to change the way you think about it. That concept applies with any other pair as well.
thank you my friend ,u should come to south africa for the world cup i will hook u up with some african flavour