If you trade like me, you'll be homeless and broke within a week.
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bo7a method... method for GBP/JPY 205 replies
DislikedTrend Results: Before we discuss the results, lets think about something regarding flying. This time using a rocket as an example. If youve ever seen a rocket take off you know that right in the beginning it exerts a whole lot of energy but doesnt move far or fast. As the engines/rockets roar they are burning huge amounts of fuel, far more than at any other point in the rockets journey, yet it is barely moving. Then, as the rocket gets airborne and begins its climb it throttles back at a certain altitude so it begins burning a lot less fuel, expending...Ignored
DislikedI've got a question; it was very clearly stated the the 34 Smoothed Moving Average is used However, comparing the CAD-JPY 4 hour chart, as in the example, I cannot see the Smoothed MA lining up there But the Simple MA does' anyone else notice this? See my chart. Also, I used the Close as no other detail was provided; we need this point verified also. Thanks very much {image}Ignored
DislikedHere is the chart with the reentries: {image} Next Post: Results of this tradeIgnored
DislikedDear friends, The only rule I have for being a part of this thread is that you must be respectful and kind to others. This means no putting other people down. Speak only that which builds up is a good motto for this thread. I want to share a very profitable and very simple method of trading with you. My name is Mike and Ive been trading currencies for over 10 years. Throughout that time I have made many mistakes and learned from them (you can still see some of my old threads on here, all of which I view as mistakes that I have learned from). Ive...Ignored
DislikedHow to take advantage of a trading tailwind. When we fly East to West our dispatchers try to pick the most advantageous route and altitude to put us right in the middle of the Jetstream. We can save sometimes two hours or more (on long routes) by flying directly in the tailwind. Our technology tells us what the winds are like at different altitudes, and we try to maximize the tailwind. The reality is that most routes we fly from East to West take advantage of the Jetstream tailwind. Likewise in trading you can follow a trend and make money in that...Ignored
DislikedHow to take advantage of a trading tailwind. When we fly East to West our dispatchers try to pick the most advantageous route and altitude to put us right in the middle of the Jetstream. We can save sometimes two hours or more (on long routes) by flying directly in the tailwind. Our technology tells us what the winds are like at different altitudes, and we try to maximize the tailwind. The reality is that most routes we fly from East to West take advantage of the Jetstream tailwind. Likewise in trading you can follow a trend and make money in that...Ignored
DislikedI've got a question; it was very clearly stated the the 34 Smoothed Moving Average is used However, comparing the CAD-JPY 4 hour chart, as in the example, I cannot see the Smoothed MA lining up there But the Simple MA does' anyone else notice this? See my chart. Also, I used the Close as no other detail was provided; we need this point verified also. Thanks very much {image}Ignored