Archive for February 9th, 2009

In the previous article I wrote about stop loss before I have told anything about the entry point. From one side it looks completely illogical to do such thing, but I am not seeking a logic, I am trying to explain my trading method and in this explanatory order there is better chance for reader to get an idea about my trading. My trading method is based on support and resistance lines and those lines itself is not just selling or buying points.

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Part 5: Entry point

Within Forex, there’s something professional traders call, “chasing indicators.” Sadly, so many retail traders – with the mindset that trading Forex profitably is easy – fall victim to this destructive attitude and unfortunately, constantly find themselves behind the curve as volatility kicks in. However, there is another way to trade

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Trading Multiple CCI Time Periods