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Buying the Dip on USDNOK

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 2, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Anyone who has ever head the adage "buy the dip (in an up-trend) and sell the rally (in a down-trend) will see how this rings true with this trade idea. We discuss a price action-based opportunity to "buy the dip" on USDNOK, on the weekly timeframe. The technique we use to "get long" in this trend-play is one of many forex strategies we routinely use in favourable market conditions.

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