Trading advice & trading tips
Submitted by Edward Revy on June 28, 2009 - 16:48.
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Submitted by Edward Revy on June 28, 2009 - 16:48. |
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after placing a trade I watch the market second by second and if the trade moves to a loss I stop the trade manually long before the minimum stop loss
I record on paper times when markets are most active and when dormant and trade when market active for eg gbp/USD changes frequently 920am-940am and starts a new trend not every day but most days of the week
candlestick charts I only use Bollinger and Parab settings the same settings for all Forex pairs for eg; if Bollinger band moves vertically through top Parab line this indicates a strong fall in the market
I complete an order ticket for the trade in ADVANCE the very second the trade moves in my favour I place the order
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