Wednesday, 30 July 2014

MY TRADE



I just wanted you to know that i trade what i teach and teach what i trade. Now let me tell you how i trade my 10 SMA ( oh sorry i said i wont be talking about it anymore,please just give me this last time) . I think there is something you have to know before you trade this pattern . Don't worry i will illustrate with chart.

O.K let's bring the chart for better explanation. If you look at the chart you will see that i have been longing on USD/jpy. The simple thing i did was that when i see that price is above 10 SMA on monthly Time Frame I will go to a lower Time Frame( Daily) and look for the opportunity to go long. but i will only do so when my indicator says so. This is what i will continue to do until price goes below 10 SMA on the monthly Time Frame i will then start looking for the opportunity to go short.

This is the secret of the Big Dogs. This is so simple! Yea i like keeping things simple.
Although this is demo account. Its the same thing am trading on Live. But the profit is far more than what you are seeing. "At least seeing is believing."
Anyway am not recommending anything to you if you trade this pattern you are on your own. Forex is very very risky
See You At The Top




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