Foreign exchange manager strategy:Look bear do not do short | Prepare to long
In foreign exchange investment transactions, whether long-term investment or short-term trading, in a downward trend, there is a time to go short but not short. In a long-term downward trend, in the middle of history, it is better to be bearish than short, and wait until the trend retraces to fall again before going short. When are short at the historical bottom, but it is ready to go long. In a short-term downward trend, wait for the trend to retrace and then fall again before going short. If you go short at the end of the trend, it is easy to get caught.
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