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A long trade is initiated by purchasing with the expectation to sell at a higher price in the future and realize a profit. That peace of mind will happen in late 40s or 50s when rumours start flying around that retrenchment exercise is coming - CW8888 Uncle8888 has lived long enough to meet real people who have been retrenched in their late 40s and 50s. DecisionBar Trading, software issues accurate Buy and Sell signals in real-time. Perfect for day-traders swing-traders and investors. When you think about forex trading and charts, what comes to mind is that, what ever time charts you are in the principles are still the same.
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