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Thread: Lets work this EA together ^_^

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#6 (permalink)

02-02-2007, 08:46 AM

uatatunc

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Join Date: Jan 2007

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ok, here is an idea....
there's always trend but takes many days. if we open orders for just one direction, long or short, we can limit our losses. look at the daily chart. 5 ema/10 sma is enough to deceide what is the long term trend. 30-300-30 firebird can make profits by this directions..

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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