most forex traders advice that it is best to follow the trend no matter what .but then you see a market that has risen too far up and you're tempted to speculate an imminent fall but then the trend is still up.
Today for instance is a holiday in some markets and the widespread opinion is that there would be thin trading. Wouldn't the thin trading follow the trend?
Even in the event of a news pushing the market, would it be wrong to assume that the trend would still prevail when the market becomes calm form the news?
What exactly do someone do???????????
Today for instance is a holiday in some markets and the widespread opinion is that there would be thin trading. Wouldn't the thin trading follow the trend?
Even in the event of a news pushing the market, would it be wrong to assume that the trend would still prevail when the market becomes calm form the news?
What exactly do someone do???????????