This video supports our Market View Analysis dated Dec 12-22, 2012 Long Trade position for the EURGBP Cross rate and the strategies applied.
This video would likewise show equally the importance of " Timing" the settlement of the trade position, the same importance of "Timing" any trade entry in the market. Developing the skill of "market timing" takes some serious due diligence and experience in trading the market. Once executed the end-result can be seen right away. There will be instances that a price execution can be too early or too late depending on the circumstances and market conditions. A pre-calculated top or bottom can be assumed but can never be guaranteed as the market moves a reversal pattern in either direction is very difficult to forecast until it has taken shape.And on execution, whenever a mistake is identified then the proper corrective strategy can be implemented before any serious damaged is done.
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