why does reversing work so well in forex?

Discussion in 'Forex' started by sunnyskies, Aug 26, 2005.

  1. ?
     
  2. what do you mean ?
     
  3. because forex is so highly speculative.
     
  4. reversing position after getting stopped out.
     
  5. if it works trade it till it stops working...what kind of answer are you looking for???...

    Perhaps trends are longer.....and currencies revert to a level that politicians, governments and banks want them to be at?

    or...

    maybe correlations within the currency world are maintained...

    or...

    Hedging within imports and exports are longer lasting.....

    or...

    Maybe sKaLpZy is going long with his hundred million...:)

    Michael B.
     
  6. Reversing position does not work well in any choppy market so I don't know how did you get this idea that it should work well in forex.
     
  7. that's about the size of it.

    SS, listen to ElectricBuzzer... you'll do well.

    skz
     
  8. From the "trading hammers: revisited" thread, I believe sunnyskies
    is talking about reversing a trade when a hammer fails... right sunny?