a single line which oscillates between /-200. When CCI moves above Zero, traders would Buy the currency expecting a newly changed trend to hold. The trades are, closed by a Trailing Stop, Invisible Stop Loss/Take Profit or Equity Drop. However, if the system starts making more money, I can use additional equity to add more trades or increase the Order Size. We can add up to a Short trade india forex reserves chart and hold till we find that CCI rises back above -100. If we erase #2 event from the chart, we're trading in an overbought zone and continue to hold out Long position). If youre dividing your time, juggling trading and work, youll achieve your self sustenance in forex trading more than a few tens of years. Spread is not very important, but it shouldnt be too high.
Exit when the trend reverses. Take profit close trades. Already known, a zone above Zero (bullish) and a Zone below zero (bearish). If you are happy with action forex calendar the results, you can read further. . If I am right, I can make many pips. An overbought zone - CCI reading above 100, an oversold zone - CCI reading below -100. Opposite true for downtrends and readings below -100. Until recently I traded manually, but I asked one very good (and expensive) programmer to code this system for me so now I dont have to trade manually any more. You can do part time work part time trading all you want, but nothing comes out anything good about being a wishy washy son of a gun. But to think deeper, if youre going to divide your time with forex trading and your day job, doesnt that make it only a half assed effort to begin with? The trade is held as long as CCI trades above 100.
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