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okay today were going to talk about a hedging strategy to help you get out of a bad position lets say youre playing in for X this is the Australia New Zealand dollar pair your technical analysis up to this point tells you its going up you buy in you buy the pair it goes up and up and then all of a sudden plummets down now this could happen for any number of reasons remember it doesnt matter how good of a technical analyst you are how good you are with charts any of that it doesnt matter because its not affected or you cant predict real time world events that affect the markets this could have been a trump tweet this could have been a terrorist attack any real-world event can affect these things in real time and that something is not going to show up prior in the chart itself for you to analyze and detect so thats a weakness in technical analysis a lot of guys are using robots and trading automatically some things like that going on but this is a position that you can find your