Currencies have three possibilities of movement, UP, DOWN, and Sideways, Learning to recognize when the trend changes is key to playing what the market gives you. In recent weeks we have seen sideways trends, meaning that our strategy will need to change to Bollinger bands and the CCI, to enter trades and set profit targets. Set your Bollinger bands to a 20 day average with 2 standard deviation. Set the CCI to a 20 day HLC/3 average and add -200 and +200 to the levels. Look for the Bollinger band […]
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Protected: The Trend is your Friend!
November 18, 2009 in FOREX, FOREX Graduate Session
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Protected: FOREX Grad Call-Placing Effective Trailing Stops
October 14, 2009 in FOREX, FOREX Graduate Session, Trade/Risk Management
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Protected: FOREX Grad Call-Pattern Recognition
October 7, 2009 in FOREX, FOREX Graduate Session
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