CURRENCY TRADING STRATEGY NUMBER FIVE AND SIX

Posted by Unknown Wednesday, February 4, 2009 0 comments
Currency Trading Strategy Number Five

Don’t dwell on the 5 min chart, as it contains a lot of “noise” that will
whipsaw you to death.


Currency Trading Strategy Number Six

MACD rules on the 15 min chart. Even if MACD is, say, trending up
on the 1 hr chart, if it is trending down on the 15 min chart, that’s
what you take your cue from. That’s not to say a shift in price
direction is not in the works. It just means it’s coming, but not yet.
In the meantime, you don’t want to miss what’s happening “in the
now,” which is what is reflected in the 15 min chart.

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Judul: CURRENCY TRADING STRATEGY NUMBER FIVE AND SIX
Ditulis oleh Unknown
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