People tend to trade single crosses only. Be it by priceaction, indicators, fundamentals, levels, whatever. Only very few times people will take into account that a currency cross is ... you name it ... a cross between two currencies which themselves are defined by their strength / weakness against all other currencies.
In the following posts i will highlight a few things people might want to take into account before getting into any kind of trade.
I will talk a bit about
- #1 Overall theory - http://www.forexfactory.com/showthre...74#post5257574
- #2 Currency indices - http://www.forexfactory.com/showthre...75#post5257575
- #3 Major / minor crosses - http://www.forexfactory.com/showthre...43#post5260243
- #4 Using the minor crosses to find out the strongest / weakest major cross to trade for index (currency) breakouts - http://www.forexfactory.com/showthre...56#post5472756
- #5 USD VS JPY - http://www.forexfactory.com/showthre...17#post5487117
- #6 Identify single cross strength/weakness #1 - MAs, Midpoints, Fibs, Pivots - http://www.forexfactory.com/showthre...09#post5856209
- #7 Identify single cross strength/weakness #2 - Supply / Demand - S/R Levels - http://www.forexfactory.com/showthre...33#post5856233
- #8 US Dollar - Risk on/off - Stocks/Gold
- #9 Timeframes - http://www.forexfactory.com/showthre...40#post5856240
- #10 Compounding - http://www.forexfactory.com/showthre...61#post5864861
- #11 Helpful Links / Tutorials
- Few examples
Have fun and get yourself a drink
ALERT: TANSTAAFL! There ain't no such thing as a free lunch. This is not a system, free signals, charts whatsoever. Go on to some fake chick thread and let them rip you off if you are searching for that. This is the basic knowledge on how to read money flows and if you put a lot of work, logical thinking, probably some programming, 4-5digit hours of charts in it then you will be rewarded with a system with your own edge yes. I will not disclose my edge to you. You would not be able to understand / trade it my way anyway. Remember... TANSTAAFL.
In the following posts i will highlight a few things people might want to take into account before getting into any kind of trade.
I will talk a bit about
- #1 Overall theory - http://www.forexfactory.com/showthre...74#post5257574
- #2 Currency indices - http://www.forexfactory.com/showthre...75#post5257575
- #3 Major / minor crosses - http://www.forexfactory.com/showthre...43#post5260243
- #4 Using the minor crosses to find out the strongest / weakest major cross to trade for index (currency) breakouts - http://www.forexfactory.com/showthre...56#post5472756
- #5 USD VS JPY - http://www.forexfactory.com/showthre...17#post5487117
- #6 Identify single cross strength/weakness #1 - MAs, Midpoints, Fibs, Pivots - http://www.forexfactory.com/showthre...09#post5856209
- #7 Identify single cross strength/weakness #2 - Supply / Demand - S/R Levels - http://www.forexfactory.com/showthre...33#post5856233
- #8 US Dollar - Risk on/off - Stocks/Gold
- #9 Timeframes - http://www.forexfactory.com/showthre...40#post5856240
- #10 Compounding - http://www.forexfactory.com/showthre...61#post5864861
- #11 Helpful Links / Tutorials
- Few examples
Have fun and get yourself a drink
ALERT: TANSTAAFL! There ain't no such thing as a free lunch. This is not a system, free signals, charts whatsoever. Go on to some fake chick thread and let them rip you off if you are searching for that. This is the basic knowledge on how to read money flows and if you put a lot of work, logical thinking, probably some programming, 4-5digit hours of charts in it then you will be rewarded with a system with your own edge yes. I will not disclose my edge to you. You would not be able to understand / trade it my way anyway. Remember... TANSTAAFL.