If you are going to take this approach, be sure that the top & bottom have taken before you set your position. This is still a risky position to take, but your odds of success increase when you use patience and confirm the top and bottom before trading.
There are two advantages of the Forex market that make it more attractive than others. Forex is a 24 hour operation, and you can place trades at all hours. Only a little bit of money is needed to get started in forex. These advantages mean forex...