“The time factor and time periods are most important in determining a change in trend because time can over balance price, and when the time is up the volume of sales will increase and force prices higher or lower” - W.D. Gann
Friday, November 25, 2011
Result for 23/11/11::AUD/USD (H4) 8:00 GMT
A breakout at -2 bars and a reversal at +2 bars - Though both the breakout and the reversal fell within the +/- 2 bars condition, it was obviously not an easy one to trade.
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