Hi, i look on Youtube and i search impresive video, i will share with u. Look on video
and explain me strategy please. Can be works and profitable?
and explain me strategy please. Can be works and profitable?
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Dislikedcrap, i'm already working only 6 hours per day. turn your head else where, remember the ultimate problem in trading (in my mind) is what to do if price goes against you right after your entry!Ignored
DislikedHi, i look on Youtube and i search impresive video, i will share with u. Look on video and explain me strategy please. Can be works and profitable? http://www.youtube.com/watch?v=r2Z3FsDEDHUIgnored
Disliked{quote} In the example the USD/CHF is moving up and the GU heading down all indicating USD strength. Because the EG is up, the EUR is stronger than the GBP so he shorts the GU grabs a few pips and gets out.Ignored
Dislikedcrap, i'm already working only 6 hours per day. turn your head else where, remember the ultimate problem in trading (in my mind) is what to do if price goes against you right after your entry!Ignored
DislikedI must have this software for this strategy? I still dont understand strategy. I still looking for any strategy good for me, me very like scalping.Ignored
The strategy is to use the candle shapes to identify the temporarily strongest and weakest currencies then trade one against the other. So if the USD is the strongest and the GBP the weakest short the GU. That's all there is to it!
With the greatest respect and please don't take offence, if you still can't see what to do you probably are not yet ready to trade as the principle is pretty basic.
DislikedThe idea of single candle charts piqued my curiosity as I had not come across it before so after my first post I did half a dozen paper trades. The results were four winners and two losers for a grand profit of +1.0 pips. Now, while I like short term trades, I am by no means a hard core scalper at this level so someone more experienced than me could possibly do much better. Knowing when to exit the losers is key. There was a very arbitrary SL of 10 pips but both losers were exited well ahead of that. If either or both had hit SL the final position...Ignored