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#10 (permalink)

06-12-2007, 09:01 AM

analyzer

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Join Date: Jun 2006

Posts: 207

analyzer is an unknown quantity at this point

One strategy does not work in ALL environment. Spread trading described above works in a rangebound market but is a prescription to disaster in a trending market. For example, it is my observation that Tokyo session is generally rangebound, so spreading/grid/short straddle works. But London session generally trends, so momo works. And New York session chops than slowly grinds one way.

So you need a different strategy for different market environment. Those who profess superiority of one trading style over others are blinded to their own intellectual hubris because the market is dynamic not static.

My observation is on EUR/USD only, I don't know how other pairs act.

Last edited by analyzer; 06-12-2007 at 09:45 AM..

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