TRADE WHAT YOU SEE NOT WHAT YOU EXPECT
http://www.forexfactory.com/showthread.php?t=121761
PREFACE
Thanking EO and Infinity for coming up with this information and then being willing to share it, just doesn't seem possible. How can you thank someone that has changed your life? But the real thanks need to go to the dummies in the Cable Update thread, without the constant bickering EO would have never started this thread. Then the only way you could have gotten this information would be bit by bit through endless non-related posts on that thread – an impossibility I am sure. Kenneth Lee
INTRODUCTION How did this all get started? The way I understand the evolution of this strategy is as follows: EO was a long term trader, trading mainly off the 4hr charts, using Dailies for areas as well. But as he traded he noticed that at times long term trading was leaving a lot of $$ on the table, even possibly costing him all his profits if he adhered to the rules of the longer term trades. Stops being large and profit targets set in stone. Set it and forget it. So after a little while of this BS he was looking for some way to improve his trading and also maybe take some of the profits offered on an Intraday level. EO and Infinity were both members of the same thread and started working on the issue together. The result is what we have today – a complete trading strategy that can be applied during almost any market conditions that come up. If price is moving, there is an idea here to trade it. Rest assured, these are profitable traders with many years of trading successfully behind them. This isn't newbies teaching newbies. I only hope I present the information in a fashion that is both acceptable, and a credit to the effort they had to put into developing it. The only reason I am doing this and not them is they have done their part. Also, they both have personal businesses to run. I have been learning from them for a good while now and in looking back over my own... [continues]
http://www.forexfactory.com/showthread.php?t=121761
PREFACE
Thanking EO and Infinity for coming up with this information and then being willing to share it, just doesn't seem possible. How can you thank someone that has changed your life? But the real thanks need to go to the dummies in the Cable Update thread, without the constant bickering EO would have never started this thread. Then the only way you could have gotten this information would be bit by bit through endless non-related posts on that thread – an impossibility I am sure. Kenneth Lee
INTRODUCTION How did this all get started? The way I understand the evolution of this strategy is as follows: EO was a long term trader, trading mainly off the 4hr charts, using Dailies for areas as well. But as he traded he noticed that at times long term trading was leaving a lot of $$ on the table, even possibly costing him all his profits if he adhered to the rules of the longer term trades. Stops being large and profit targets set in stone. Set it and forget it. So after a little while of this BS he was looking for some way to improve his trading and also maybe take some of the profits offered on an Intraday level. EO and Infinity were both members of the same thread and started working on the issue together. The result is what we have today – a complete trading strategy that can be applied during almost any market conditions that come up. If price is moving, there is an idea here to trade it. Rest assured, these are profitable traders with many years of trading successfully behind them. This isn't newbies teaching newbies. I only hope I present the information in a fashion that is both acceptable, and a credit to the effort they had to put into developing it. The only reason I am doing this and not them is they have done their part. Also, they both have personal businesses to run. I have been learning from them for a good while now and in looking back over my own... [continues]
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