Syndicate

Skipping the Whipping PDF Print
Written by Kimball Hall   
Thursday, 17 July 2008

Skipping the Whipping

Every new trader has done it. They get into a trade because the indicators tell him to and immediately  gets whipped out of the position.  It’s inevitable, it will happen to even the best traders. That’s the game. You can’t be right all the time and sometimes when you’re wrong, it happens fast and hard.

However you can limit the number of times that happens to you. How you ask? Is it complicated? Can I to do it without putting in hours of extra work. The answer is simply, yes.

Take the following example. I applied a simple MACD Cross Alert to the chart. Every time MACD crossed the MACD_Signal, I went Short or Long accordingly.

forex chart 1

 

 


forex chart 2

To learn more about this and other strategies that can be applied to your trading immediately, contact us here at Trading International, and we’ll be glad to help you get started. This strategy can be programmed in Forexecutor’s Intellicharts.

» No Comments
There are no comments up to now.
» Post Comment
Email (will not be published)
Name
Title
Comment
 remaining characters
Captcha Image Regenerate code when it's unreadable
 
< Prev