You've entered the market and have a position. The market is moving against your position. Is the move a retracement or has the market reversed? If it is a mere retracement, it is a great opportunity to add to your position. If, however, the market has reversed, you want to exit the market completely to cut your loss short. Is there a way to know if it is a retracement or a reversal? AbleTrend stops separate retracements from reversals on the spot!
View the original article: http://forexforums.dailyfx.com/blogs/ablesys/16319-jpy-30min-chart-2013-02-25.html
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