Trading Strategy

1. Draw a trend line: daily chart to determine the trend whether is uptrend or downtrend (Draw from bottom to bottom or vice verse) and also a horizontal line to watch out a breakout(This strategy like reflexivity from George Soros).
2. Please do remember to lock your PROFIT before you get lose. Always follow the rule & discipline.
3. Money management is the most important for double or triple up your profit.
4. Don't get lost emotion while you in losing or winning. Must always remember where are you and what should you do in this situation. Let the profit keep running or cut lost.

Forex Chart

Forex Chart powered by CMS Forex

Sunday, September 5, 2010

GU


For last week the GU stay above the SMA66 but not broke the weekly resistance. But we can wait for a broken then only open a long position.
at No comments:

EU to long now


Now already above the SMA66 and broke the weekly resistance line. This a clear image to telling us to trade a long better than short.
at No comments:
Subscribe to: Posts (Atom)