Sitting on some profitable trades right now. Also watched ZAR/JPY and TRY/JPY fall quite far in the past few days. Thinking about picking some up.
Current Balance: $4116.25
Current Balance: $4116.25
GRANDPA of MM - Stake 100% EQUITY with 100% SAFETY 3 replies
100$ -->100,000$ (period: 12 months) 207 replies
Gutenberg money printing machine.. 100 to 1.000 to 10.000 to 100.000? 15 replies
HVR 6/100 and 10/100 with a 50% ratio 0 replies
100 pip STOP for a 100 pip Target 7 replies
DislikedThanks, that's a really nice thing to say. It's funny though, I can't say that I know what the market is going to do any more than the day I started.Ignored
DislikedLet me start be saying, this is not advice on how you should trade. This is the approach I'm experimenting with.
I have a pretty simple approach that seems to be working well for me, and has survived some very wild swings in the market (like the 2010 flash crash, or the more recent Japan troubles) without much trouble.
I generally just eyeball the chart at the daily level, try to get a feel for where it might be a good buy or sell. This usually includes times when it's dipped quite low relative to the price for the last few weeks or months. I'll...Ignored