The Best Trading Strategy
Friday, February 20, 2009
Trading our own strategy is the best thing in forex. Jumping in to BabyPips.com website to find out the trade idea for this week end up with a blog named, Pick Of The Day. The trade idea is to short USD/JPY at 92.00 and take profits around 100+ pips. Unfortunately, the pair went up for more than 100 pips, which make this trade failed. The properties of this pair might been changed for the beginning of this year due to economic slowdown. So, I stay up with my favourite pairs, EUR/USD and GBP/USD.
For the beginning of this week, the trend for 30M time frame is very uncertain. However, by the end of the week, the medium trend at 30M is growing up. I'm losing too much trading USD/JPY for this week, luckly ... I'm playing with Demo. So, I can conclude that I must stick to my own trading strategy no matter what happen. My trading strategy is a combination of KuasaForex and 20MA technical indicator.
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