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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
Just figures.
Discover strength trend change enter at market exit at market at trend change.
Postion trading by chart astrology cannot have a hit rate beyond 60% that's plain maths.
I think as there are no more free markets but only CB and political markets one has only 2 choices:
follow trend
or
strictly fundamental
Give a few trades and then wait for 24-48 hours ignoring all news and price action. I though FX is a real short term traders pit where things change real fast. Unless u r in some kind of trend, FX cannot be traded like this. I mean 40-50 pips and then wait for 24 hours with stops that wide by 100 pips.
I trade FX but real short term and based on what I see on forums. So nothing can be worse than me. :)
staying sidelined..market way too smart for this deckhand..
subio wat iz it mon?