An old rule for trading goes like this: When the majority ofparticipants finally realize a new trend is present, you arelikely at the midpoint of the move. I have seen theramifications of this rule played out countless times, infutures, stocks and definitely the currencies.I'm not absolutely sure that the majority of participantsrealize a new trend starting in favor of the dollar yet, butmost
Sunday, 3 August 2008
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