Forex Day Trading System - Another System for 1 min. chartAs always I have said that for 1 min chart, the technical indicators are not very reliable.. However this system is more cool than others and the indicators this sytem uses is more reliable than others..Lets go through the system -As I have mentioned earlier that use this system for a profit targets of 5-7 pips after subtracting the pip
Tuesday, 21 November 2006
Saturday, 18 November 2006
Forex Day trading System - More rules to follow
Forex Day trading System - More rules to followLets continue going through some more rules -1. Don't use too many technical indicators - Since day trading happens using 5 min, 15 min or 30 min charts, most of the technical indicators keep conflictng with each other and you may keep missing the trade..So, use only 1 or 2 indicators at the most such as EMA (Exponential moving Average, support
Forex Day Trading System - Rules to follow
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Forex Day Trading System - Important Rules to keep in mindBefore we start going through another system, I think its important to learn the rules of the game. Thanks Charlie for asking this questionLets go through these points to keep in mind while day trading -1. Use the broker that offers you tightest of all spreads. On the majors (EUR/USD, USD/CHF, GBP/USD etc.) the spread offered by most of
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