Go Back   DailyFX Forex Forum | FX Forum
Reload this Page Sidebar Wrapper

Thread: Discuss EUR/USD News with a DailyFX Analyst
View Single Post
  #18936 (permalink)  
Old 06-18-2009, 01:49 PM
Vilgax's Avatar
Vilgax Vilgax is offline
Member
  
Join Date: Jun 2009
Posts: 175
Vilgax is an unknown quantity at this point
Quote:
Originally Posted by CodyB View Post
How can you possibly see anything in all those squiggly lines??
how do you see price action?

do all those squiggly's need to align to trade in a certain direction?
not sure what squiggly lines you are talking about but I look for 5 confirmations and once I have them I go...candlesticks, bollingers, schaff, force and CCI. 15 mins give good entries and 1 hour is the sure confirmer and the 4 hour is my compass so to speak. unfortunately nothing in trading is ever a sure thing but I like my system as it is simple and as I am a woman I like to keep things that way!!
Reply With Quote
 


Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

All times are GMT -5. The time now is 04:15 AM.
Copyright ©2009 Daily FX. All Rights Reserved.