Hey spyderman - this is a truly fascinating strategy and one that will fit in well with my time schedule.
If you get a chance, could you talk more about which pairs you trade and when? How do you identify a pair that is about to trend?
Thanks!
Pete
If you get a chance, could you talk more about which pairs you trade and when? How do you identify a pair that is about to trend?
Thanks!
Pete
DislikedSelected pairs:
It's important to realize that I do not trade this system on a purely mechanical or technical basis. I don't take every cross or trade every pair.
Some pairs and market conditions just aren't conducive to a trend play position.
Check out the NzdUsd chart. Lots of crosses and a couple of trends, but extremely choppy. I'd just as soon stay out of these types of pairs until they look a little more trendy.Ignored