Wednesday, June 24, 2009

Crystal Ball

There are many who think that fundamental analysis is important to use when making a trade, even if it was technical analysis that created the entry point. Last night I got stopped out of a trade that could have been a significant loss had it not been for a stop loss.

The trade was in the US/CHF and this move was something that I have never seen before:














I am a big Kathy Lien fan. She is an interesting read and I have learned a lot from her about fundamental analysis. See what
she wrote about the above chart six days before it happened!

No comments:

Post a Comment