Dislikedhttp://www.norges-bank.no/upload/imp...rb-2003-10.pdf
If anyone is interested in microstructure of FX and how dealers make trades and work, than you should read this. As i am young i have some difficulties with understanding and i hope one expert will explain this (some mathematical equations are for scientists).Ignored
LOL, being young has nothing to do with understanding the mathematical equations, cuz I'm old-er and it made my brain hurt, too! :
DislikedMy method is to follow either the hourly or 4hourly trend & enter using 5min & 15min counter trend exhaustion (retrace) as entry.
To help me in placing a relatively low risk trade I use my interpretation of the 3 kingdoms (3K) as mentioned by our much loved & missed mentor fti.
I very rarely have to carry out any form of rescue.
In the event of misalignment of the 3K I prefer to exit my trade with or without a profit.Ignored
Looks like you're doing great! Good job! fti would be very proud of you!