All traders have the right to utilize their startegies well enough as they like because in forex trading, our analysis is the best and most dependable. I rely on my own strategy and trading ability to take all my necessary trading decisions.
All traders have the right to utilize their startegies well enough as they like because in forex trading, our analysis is the best and most dependable. I rely on my own strategy and trading ability to take all my necessary trading decisions.
alright thanks very much for your analysis i think this will really help go a very long way in making the numbers of pips i really needed well i just have to try this and see the very best way this can go in given me the numbers of pips i really need and thanks very uch for the clear picture, i shall upload the result as soon as i can
according to my analysis of the strategy pair aud / jpy utilizes either bullish or bearish trend that has been experiencing a saturation point, the reversal point to be aware of as well as daily range also need to be considered before the open positionQuote:
Originally Posted by abbey ak
i dont understand this strategy. would you please explain more broadly of this strategy? which indicator you use ? and which time frame is better for this strategy?and How about stop loss and take profit place?
Yep.Nice strategy.Good luck my brother.I think we can use so many strategies to this currency pair.They all are really working.If you can post many strategies you know.It will very useful for beginners.Good luck.
Yes it is good strategy my friend, and this strategy is suitable for pair AUDJPY. Actually i didn't familiar with this pair but i want to try it first in demo account for a week or two weeks. After i got the result, i will post and tell you here.
You didn't describe any strategy here. Following your given chart it is easily can be say the entry and exit position. But prediction depends on overbought and oversold conditions. We don't get these signal here. Well, beside the chart characteristics we can follow RSI to understand the oversold and overbought condition. If RSI and the chart giving same signal we can understand the market conditions.
Your strategy looks nice to me. I think i should use this strategy as early as possible. To get more profits, you strategy can help me and there is a chance that i become an expert forex trader. When market is on the uptrend, this strategy will help more i guess.
What you talking about brother, that's not strategy and that happen on all pairs , also you cant figure out in your explanation about the entry point , so excuse me i cant find the pic explain it self completely may i missed your idea so if i wrong just re post some details here and thank you.
yes, there is no clarity of this strategy, so that we do not know about the rules of this strategy, about how to order, how to enter and exit the market, if only based on estimates only, then it is very dangerous, because such a system does not provide the clarity of a forex trading systemQuote:
Originally Posted by mmja2003