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Number 1 cause of failure of a forex trade : False Top & Bottom
Dear Traders:
Many times you opened a trade believing that the bottom or the top has reached and it was a safe trade, however, not only this did not happen but your stop loss was taken and you lost money. This situation is called False or Top bottom. Unfortunately, the common indicators can not distinguish a true top/bottom so you have to be very careful. As a matter of fact, false bottom/top is the number one cause for a trader to lose money.
Thank you,
www.hqforexsignals.com
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