Thursday, 25 August 2011

More rules

As you can see in the previous example and images i didnt point out another secret that i always use. Usually people will jump in the trade when they see enough gap, trendline break ,etc.There is actually another requirement to trade. The picture below has 3 lines, one the eurusd ,the blue gbpusd and red eurgbp. The rules says blue above eurusd to buy and vice versa.In addition the red must be below eurusd,this is very important. See here the alignment :
Buy eurgbp (pair trade buy eurusd sell gbpusd) = red line the lowest,eurusd in the middle , blue line the highest.
Sell eurgbp (pair trade sell eurusd buy gbpusd) = red line the highest, eurusd also in the middle , blue line the lowest.

Safe trading.

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