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"No one rings the bell at the top" (I heard it somewhere).
It depends on your goals.
If you need to earn a steady income and pay the bills, then no. Sometimes you even need to forget that there is such a concept (I'm talking about forex and if there is a trend with pullbacks the other day).
If you need to play around and have another source of income, for example work, then yes, probably (but the result is unpredictable).
Well, gentlemen "trend watchers", who not so long ago were sputtering about the parity of the Eurobucks - are you still alive?
and you only salt it all the time after listening to "advice"? ?
So, gentlemen "trend watchers", who not so long ago were sputtering about eurobucks parity - are you still alive?
What's not to your liking? The trend is still going on...
Screenshots of the MetaTrader trading platform
EURUSD, H6, 2015.05.14
MetaQuotes Software Corp., MetaTrader 5, Demo
temp_file_screenshot_19167.png
What's not to your liking? The trend is still going on...
Z.Y. Nothing is clear in the picture - neither what kind of pair, much less timeframe. And on top of that the deal is on the buy. So the trend is down?
Which I don't think any trend systems that rely on parity will be able to withstand!!!
What is it about "trend systems that count for parity"? ?
I naively thought that trend systems work as trend detectors, and they don't know about any parity.
Actually, it is hard to say right now whether it is still going on or already going up. Rather, we are in flat with a bias towards a reversal or a grandiose pullback, which can hardly be sustained by any trend systems, counting on parity!!! In fact, we already have a rollback of 900 points - it's not that bad!!!
Z.Y. Nothing is clear in the picture - neither what kind of pair, much less timeframe. And on top of that the deal is on the buy. So the trend is down?
What is it about "trend systems that count for parity"? ?
I naively thought that trend systems worked as trend detectors, and they don't know about any parity.
Who told you that the trend is down? Don't believe the amateurs... The trend has been up for a long time (ind.7 - blue - up, pink - down). Yes, the flat was there, but it was very wide, if you calculate it according to the horizontal channel. But if you like to go down, then keep shorting.
For your information - read this thread and the parallel thread about the emotions - you'll understand what the tensions were about))