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Philosophy or Rationale
There are three premises on which the technical based: 1. Market action discounts everything. 2. Prices move in trends. 3. History repeats i...
A Winning Forex Trading Philosophy
I'm starting to believe that being successful trading Forex has more to do with your philosophy than anything else.You cannot trade base...
Posted by andeakeaw | 08.50
Forex Gridding Strategy
Okay, I'm pretty much sold on this idea. Here are some advantages to gridding the AUDJPY on the upside:Each purchase represents a carry...
Posted by andeakeaw | 12.24
Regret Will Kill Your Forex Account
OK, so you just pulled the trigger on a trade and every bone in your body told you not to. You violated the rules dictated in your trade pl...
Posted by andeakeaw | 09.15
AUDJPY Stop Losses Hit
Well, positions entered overnight and this morning have now been stopped out. We are approaching the SMA-50 (simple moving average over fif...
Posted by andeakeaw | 08.20
AUDJPY Bounce?
Well, it looks like it is going to bounce up. On the chart below you can see the AUDJPY dropped to touch the SMA (simple moving average) ar...
Posted by andeakeaw | 21.34
Crowing Too Soon?
I have now been stopped out of my AUDJPY positions (see previous post).Now, will it continue to go down, and make me happy, or will it rever...
Posted by andeakeaw | 20.47