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Dynamic Trader Blog - Forex Chart Pattern Signals

Wednesday, August 09, 2006

Sell the Rallies

A couple of emails asking me if the trend is down then why has the market gone up today? The two people that have asked me about todays direction definitley go and buy the training course. The simple answer is sell the rallies until or if we break 12980 resistance area. Everytime we rally up it is a selling opportunity and shorting the Euro in a downtrend is not difficult when you know where the reversal numbers are.