1-2-3 Pattern: candlestick model trading Trend is your friend | LiteFinance

1-2-3 Pattern: candlestick model trading

Trend is your friend, trade along the trend. This trivial truth looks at any beginner trader from every textbook on technical analysis. It would seem that nothing is easier: determine the direction of price movement, wait for the correction and buy something that has become cheaper if the market is dominated by bulls; or sell something that is more expensive if the initiative belongs to the bears. In reality, it's not so simple. The desire to act together with the crowd often turns into losses. Ultimately, if the majority were always right, the sun would still rotate around the Earth.... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/ciyv