xtremeforex wrote:99% of the literature in FOREX is a load of crap developed by winners to confuse beginners
Naynay wrote:I assume that's the penultimate guide to trading.
I've pulled out the indicators and I'm getting the gist of how to do this. I am quite preferential to the 3 semaphore indicator too.
Made 4 demo trades so far, all winners ranging from 1-7 pips profit, being a red rat and trading counter trend on an upswing. Completely mad this is, going against everything I have ever learnt about FX.... but if it builds margin, who cares? I even left a lot of pips on the table from a downswing.
I can see that eventually that trading like this will eventually build up margin. I just worry that I won't have the time to do it. Fairly time intensive watching the charts. Can't quit my day job yet.
...but I understand why the rat always goes left. In fact, I know for a fact that if you are ever stuck in a maze, as long as you always follow the left-hand wall, you will always reach the exit.