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Originally Posted by GeorelloG
>Jasper
You're sure you've never been burnt by the trend that sometimes continues. I also like to look for the end of a trend and go against it. I've made some good trades like this, but then some just ... you know, just slipped away.
Anyway excellent article. I can surely relate to it. Brought back some memories.
G
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Nope, never been burnt as in its always comes good sooner or later, normally inside two or three days. Like I said the main thing about is that it waits till the thing is completely shot through before it tells you to buy/sell. Most recenr example was for the swiss franc where on Monday this week it hit the sell level but I had to hold it overnight before I got my profit. So that was quite quick. With the aussie it can take longer cos it overshoots bigger but you can use it to your advantage and buy better prices if you use the extra tool.
FXwiz. Timeframe is daily.