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Have A Trading Strategy and a Management Plan
More Futures charts -> Read The Grain Report from Charles Schaap.
The best way to profit in the foreign exchange market, trade straight up like a real trader. This is a 5 minute chart of the Swiss Franc (October 15, 2008). There is a trade entry and exit using The 50-50 Strategy.(Black arrows.)
Then we see price in a range, rectangle box pattern. An entry at higher high above the rectangle or a lower low below the rectangle is a strategy. I have marked that short entry with the red arrow. This coincides with a 50-50 entry also. A strategy is only as good as the person doing the trading. Your discipline and experience will decide the bottom line.
Now you can Invest with Success in any asset class and any time frame!
Index, grain and currency futures are a 24 hour market 5 days a week. Skill grows with experience and knowledge -> Click here for a one minute Reversal - ADXquisite.
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