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Trading Technology · 09 fall and low and consolidation fall

Market status:Market is in historic low zone, major trend is down, daily trend also is the consolidation of fell.

Strategy: Be careful to sell, light positions to sell, tight stops, finish position intra day, can leave part of positions as sentry positions of long positions.

Reason:

1) The short sellers may be take profit after callback and wait-and-see, so appears consolidating.

2) It might be a good data, let long-terms traders wait-and-see, so appears consolidating.

3) It might be a good news, let long-terms traders wait-and-see, so appears consolidating.

4) It might be the central bank intervention, let day traders to buy, so appears consolidating.

Warning:

The "consolidation rising" is often limited, tight stops, finish position intra day, can leave part of positions as sentry positions of long positions.

Why?

1) Currency spreads values, continue to be "negative", and "negative" value continues to reduce.

2) Currency in "falling" direction, and continued falling, and speed turn "slow".

3) Currency zone, from the "rise" trend of history "medium zone" change to the "fall" trend of history "low zone".

4) The currency trend is "falling", usually in the "low" zone of history, when the day trend also is "falling", the prices trend will fall a bit lots.

5) The currency trend is "falling", usually in the "low" zone of history, when the several days trend is little "rising" of consolidations, the prices trend will rise a bit little.

6) The currency trend is "falling", usually in the "low" zone of history, when the several days trend is little "falling " of consolidations, the prices trend will fall a bit little.