Do you know Camarilla Equation? This is seems like ordinary pivot,support and resistance levels. But I heard some rumors that Bank's Traders are using these levels to take positions. This equation is well known in S&P index trading and now traders are bringing this to forex.HistoryDiscovered in 1989 by Nick Stott a successful bond trader in the financial markets, the 'Camarilla' equation quite
Saturday, 8 March 2008
Thursday, 6 March 2008
Man Wife and Forex Dealer
Labels: JokesA man calls his fx dealer all anxious and out of breath with this urgency in his voice. He says, "Close all my positions, everything fast, right away."The fx dealer tries to talk to the man but the man says, "Let me tell you a secret. You know I've been married for 6 years now and I've been your client for 5 years.""Yes, go on," the FX dealer says."Well. My wife has this thing about the market.
Monday, 3 March 2008
EA Universal MA
Labels: Expert AdvisorFor forex traders who want to use a strategy based on Moving Average Indicator, I attach an Expert Advisor that can be set for this purpose. Basically, this Expert Advisor could be used for crossing from 2 different period and type of Moving Average but there is an option for 3 MA, too.These are the setting parameter :StopLoss (default 100) : Set your Stop Loss. Use 0 (zero) if you don't like to
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