Sunday 23 November 2008

Finding Your Trading Edge In Different Market Conditions

Friday US Session
No. of signal recommendations: 1
Major pairs results: EUR/USD (+10 pips)

During this volatile time, it's important to stay on track no matter what. It's all about capital preservation and reducing risks during tough market conditions. It's important to honour stop-loss levels and there is no reason to fight the markets without a proper trading plan.

There is something extraordinary about this market. At present, the forex markets are greatly affected by the performance of stock makets. The latest dip in the US markets has significantly changed the daily normal operation of the forex markets, especially during the month of November.

All daytrading systems are facing a uphill battle due to the current situations. Nonetheless, my major-pair system still ended breakeven for the week, and +260 pips for the month.

1 comment:

Davendark said...

Help, please!
Hello, my name is Juan, I am from Spain. I have done trading in Forex other times,
but only like entertainment. Now I want to ask you for advice.
I am suffering economic difficult situations, because the salary of my job is little
and I have difficulty to pay the mortgage of the house.
would You may to recommend to me a trading system that it be enough of a reliable to earn
some 100 euros per week?
Please, be honest to me and thanks for your advice.
My email is : darkharem@hotmail.com

Thank you very much

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