Hello everyone !! its been years since I posted anything on this thread (~2008). I had to take care of other business and started from scratch a new trading approach, so I just wanted to share with you my chart and point of view for this pair in a short term (namely 1H). I stop trading news, fundamentals, levels, figures, etc. and stop assuming that I knew what was happening (yep, everyone develops their own trading style..). So the new approach I came with is based on Dow Theory and consists in retrieving the implicit dynamics of a specific pair and timeframe to a neural network which classifies the current trend. I have a feeling that we will see a short reversal after the huge jump we had today, but my indicators are still saying uptrend (again stop assuming).. I will be aware of it and share an update until I see a new signal. Good luck !!
- #836,463
- Sep 18, 2013 4:23pm Sep 18, 2013 4:23pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
If you are new to Forex? Say Goodbye to your account!!
- #836,466
- Edited 4:38pm Sep 18, 2013 4:28pm | Edited 4:38pm
- Joined Oct 2008 | Status: sideline is a position | 105,124 Posts
those who can, do. those who cant, talk about those who can
- #836,469
- Sep 18, 2013 4:35pm Sep 18, 2013 4:35pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
If you are new to Forex? Say Goodbye to your account!!
- #836,470
- Sep 18, 2013 4:38pm Sep 18, 2013 4:38pm
- Joined Aug 2009 | Status: Trader | 12,448 Posts
If you are new to Forex? Say Goodbye to your account!!
- #836,472
- Sep 18, 2013 4:57pm Sep 18, 2013 4:57pm
- Joined Sep 2011 | Status: Trader | 6,363 Posts
A good trader follows his rules, but great trader knows when to break them
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- Sep 18, 2013 5:17pm Sep 18, 2013 5:17pm
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ignore wackos and psychos, including myself. But I can't add myself to iggy
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- Sep 18, 2013 5:35pm Sep 18, 2013 5:35pm
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