me again? ;-)
I took a long on AUDUSD, lets see how much I am going to lose on it.
right now pullback on audusd after LT RT breakout :swing short![]()
me again? ;-)
I took a long on AUDUSD, lets see how much I am going to lose on it.
"If you have a few minutes, watch this video interview with a French hedge fund manager...pretty neat concepts of a very simple technical trading method that his whole operation is based on...2 MAs and an RSI Francois Bonnin - Opalesque TV
The French (he says) are very number-based
His partner (who introduced him to the simple trading method) eventually moved on and decided he could trade discretionally...so they parted ways. The hedge fund still trades non-discretionary and make money slowly...while the people who are discretionary traders (what I like to call manual trading)...you just never know. Could go way up, could go way down" -- by Neo
maybe someone will be interested to help Hector with this divergence indicator -> magic divergence indicator
Lobo,
Honestly I didnt expect so much bearish movement on gbpusd.
I asked to an expert Why that huge reversal ?Here is his explanation :
The top reached by gbpusd was a particular zone : it was swing,daily and intraday traders take-profit zone ..!.
You can see on gbpusd weekly chart a double bottom : its theroic profit zone was that top
Another double bottom on daily chart : its theoric profit zone was also that shark prz...
So when trade HPs , using them with price action (double bottom/top,shs/ishs,...) should give them maximum effect !
It is simple and efficasy...![]()
Last edited by paulselvan; 01-26-2014 at 02:37 PM.