aqua
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- Status:
- Member
- Last Online:
- Invisible
- Using Local Time:
- Invisible
- Joined Forex Factory:
- Apr 2008
Input by aqua
About
- Trading From:
- United States (map)
- Markets Traded:
- Equities, Forex
- Favorite Trading Book:
- None (Amazon)
- Biography:
- I listen to the news and watch the momentum of the market. I usually enter in with small positions in the opposite direction after an apparent big jump/drop and add to it if the pair moves in the direction opposite to what I want it to. For the most part, everything in forex is bound to rebound and the dollar cost averaging I employ by adding positions in the opposite direction helps offset losses AND increase gains on a rebound. Granted, occassionally I'm stuck with dangling positions, but no one ever said I can always win, right? I consider myself a semi successful currency trader.