Perfect Head and Shoulder In GBPJPY_crash_again?? - Page 2
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Thread: Perfect Head and Shoulder In GBPJPY_crash_again??

  1. #11
    This was among my favorite shampoo of all time. Made a load of pipparoonies from this one.



  2. #12
    Quote Originally Posted by ;
    This was one of my favorite shampoo of all time. Made a shed load of pipparoonies from this one.
    hehehe good one. .

    That is exactly what im talking about people...I give you an ultimate example to make up your mind to exchange weekly and monthly charts.

    When you consider the attached chart, you will find THV trix and trider2 trading approaches combined but those were made for lesser time frames, but if you take a look at weekly chart....


    We just needed four transactions since July of 2007 to create more than 20,000 PIPS in GBPJPY....that is approximately 37 PIPS per day ensured, has anyone done daily after day trading lower timeframe I doubt that.

    However, the above statement is very easy to say, cos we've the past to judge and the market was high volatile and in 1 direction how easy

    I'm not saying, I perfected trading long time, I was also trading shorter timeframe and gave up on my longer time trading once the big wave down was over, but realised that, weekly trading provides much more than scalping and intraday combined.

    One matter that we need more than anything else is MONEY MANAGEMENT which is to be perfected while trading higher timeframes.

    The the reason the chart is much more useful now is, that the Trix has only crossed the weekly chart to red....ummmm. . .so we might be just in the beginning of a rally . . .may be...

    We know trading is inherently risky adventure. . .but I loe weekly and monhtly chart trading to be the least riskiest and exceptionally profitable.

    Good Luck.

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