detecting an imbalance results in a call
closing your position. Prices will average out!. Therefore :
+ BUY (far) ABOVE the given level
+ SELL (far) BELOW the injurious level.
The lifetime of the level is up to severall days.
What I do is to determine without emotions major turning points and strong trends of major assets that include global indices, equity sector classes, high liquidity stocks, debts & fixed income, commodities and currencies.
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Gregor Horvat, based in Slovenia, has been in the forex markets since 2003. He is a technical analyst and individual trader who has worked for Capital Forex Group and TheLFB.com. He also is founder of forex services on http://www.ew-forecast.com.
Chief Market Strategist at http://www.Intertrader.com
Creator of http://www.iViewcharts.com the best way to chart and learn how to use technical analysis for trading success.
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