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readers message ——————— Hello, Thank you for your reply. Really appreciate it. I have another question. I’ve attached another picture for you to analyze. I don’t know why I lost this trade… Oh by the way, I am using a 1min chart but which i am not sure can it be used effectively for this…
Counting the legs of a trend candlesticks When looking at the trend of any currency you will easily notice that the market prices doesn’t just rise continuously if the trend is an uptrend or drop continuously downwards if the trend is downwards. For any trend, there are some retracements along the trend. For example, if…
100% Capital Growth each year message from reader —————— Hello Long, As you trade on Daily time frame, I would like to know : Do you always use the same strategy, or do you mix some strategies ? How many trades at the same time ? (if you trade one strategy on daily, on…
https://youtu.be/r4duuPTP-bg Carry Trade come backHow Currency Carry Trading WorksWhen it comes to currency trading, a carry trade is one where a trader borrows one currency (for instance the USD),using it to buy another currency (such as the JPY). While the trader pays a low interest rate on the borrowed/sold currency,they simultaneously collect higher interest rates…