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Old 08-11-2007, 06:52 AM
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Quote:
Originally Posted by glenn5t View Post
If you study a pair and stick to that pair you will learn how to trade it, I trade from market open Monday to NY close Wednesday... often with only 4 to 6 hours sleep.....

If you look at the G/J this past week you will see large moves..I think 400 plus two nights in a row...

therefore trading a pair like the G/J it is quite reasonable to achive 300-600 a week....

I use a simple MA cross with a strength indicator...I would say that I could trade with the strength indicator solely......A good knowledge of candle patterns and Fibnoacci is also required.

I must add that I have been trading for over 6 years and in the begining I lost money and struggled, like many...

I do not put pressure on my self, as I said 300-600 a week is achivable trading a volatile pair..

My Money mangement is based on open positions are no more then 5% of my account and I trade multi lots....

If you look at Auslanco - GBP/JPY and GBP/USD (newstrade)
you will see a method thats not to different from mine and the author is also making 2500 pips a month...

Glenn
Hi Glenn,

Maybe you can open a thread and teach your method, that will be a great help to all our members.

Just a suggestion ......
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