Trading against the wave of price movement can be fraught with danger and very risky. The reason being is you are going against the momentum, the trend, or the crowd. The thing with any move in any direction in the forex markets, or any market for that matter, is that eventually, it will come to an end. All price moves in the currency trading markets whether up or down eventually turn around, either for a brief move in the opposite direction to continue on its way in the same direction, completely... read more
