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Don't
Trade Forex in 2012 before reading about
The Time Factor analysis
Time Factor is how to calculate the possible reversal time
Mixing the correct time factor with its equivalent price level will make your trade much more accurate than price action alone
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Disclaimer:Trading foreign
exchange carries a high level of risk, and may not be suitable for
all investors. Before deciding to trade foreign exchange you should
carefully consider your investment objectives, level of experience,
and risk appetite. The possibility exists that you could sustain a
loss of some or all of your initial investment and therefore you
should not invest money that you cannot afford to lose. You should be
aware of all the risks associated with foreign exchange trading, and
seek advice from an independent financial advisor if you have any
doubts.
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