Monday, April 19, 2010
Subscribe to:
Post Comments (Atom)
"When i trade at home, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away.They keep on flying back and forth, taking small bits of bread. You will never be able to shoot a sparrow, it is just too fast. That is the way I day trade". M. Weinstein.
Popular Posts
-
Watched Avatar with family today. Not bad at all! I was wrong, writing the other day that Avatar is just a popcorn movie. It is more, it... -
A warm hello to you all! I am on the mountains with family to avoid the awful heat of this bloody summer. After some comments on the prev... -
Reading Price Charts Bar by Bar: The Technical Analysis of Price Action for the Serious Trader (Wiley Trading) "This is not a book o...
-
Reading simultaneously two books on Technical Analysis, one good and one (very) bad. The good one is this, by Martin Pring . All you need to...
tracker
tr
4 comments:
Dear Forexbird,
If I may ask you about your settings, my Ninja chart don't look at all like your. I mean that when you have 3-4 Chart Bars for 10 pips, I have more then 40 bars... Your charts are so clear, so readable... What is your secret ;-)
I am also using a "Rainbow", but you "own cooked one" is less messy. Can I ask you if you use WMAs or EMAs ?
Last question, promised :-), I saw that most of the time you take position in the same direction then the red line... Is this line a 50 EMA, or an SMA maybe ?
I understand very well that you blog is not about such technical stuff and will not be offensed if you cancel my comment.
Best regards,
Sparrow FX
no secret : setting is 3 and select range bars. you must have one bar for every 3 pips move.
I use WMAs, the less possible.
the red dotted line is a 21 EMA.
Really kind of you, I appreciate loads. Hold on your amazing job, it is important that someone does this kind of things. I will try to write my blog also, but who has enough time ? Nobody of course, that's why it is so nice from you to take time for this.
P.S. I also have to thank you for the books and music ideas.
I wish you all the best,
Sparrow FX
The biggest problem for any trader is over-trading; if we want to be successful in a business like Forex trading then we got to realized over-trading is not the way to go. I had my fair share of problems when it comes to over-trading but fortunately I was able to overcome all that and now working with OctaFX, I am never doing over-trading and always seek right opportunity to enter into the trade, it’s easier to do with this broker and their quality daily updates which is given daily!
Post a Comment