It is so tempting to try to choose the point where you think a currency pair will turn around and go the other direction. If you manage to find any success at this, it's a great boost for your trading ego. However, more often than not, you will be wrong about the turning point of a currency pair and you will most likely keep trying to pick that top or bottom to prove yourself. This will only reduce your account balance over time. Stick with trading the trends. And remember one thing that greed is a curse :)
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