Originally Posted by BrokersMinutes GBP/USD has recently made a strong convincing forex trading online break past its yearly highs at the 1.7000 major psychological level, indicating a continuation of the long-term rally. However, price has retreated back to the 1.7000 area after reaching highs past the 1.7060 levels. Stochastic is also exhibiting a bearish divergence, which indicates forex trading online trend exhaustion. The technical ...
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The Week Ahead: Why Following the Crowd Can Be a Bad Idea The stock market punished more of the stock market bears last week as the Dow Industrials, S&P 500, and Nasdaq 100 reached levels that should have hit any conceivable stop loss orders of those who were short. However, many of the longer-term bears do not use a stop, which in my opinion is the fastest way to wipe out an account. Risk on either the long or short side needs to be managed at all times. This has ...
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