MightyOne wrote:The spread on this pair is 11/32 on the monthly chart or 34.4%
There is a period in which you can profit from even the most "untradeable" pairs.
Had you originally gone short from the midpoint with two spaces then you would have gained a 3rd space.
If you take that 3rd space off of the table then you can triple up at the midpoint.
The chart then allowed you to exit and double up twice more at the midpoint.
You exited a 3rd time, price reversed, and you doubled at the 'take profit' line; your stop then drops to the
midpoint and your are short 24x your original size.
USDTHB MN
x3_x2.png
You might think to yourself that you are not going to trade the chart because you cannot accumulate on small charts,
where the spread is 11/2 or 550% of one line, but the beauty of EIGHTS strategy is that you can accumulate in one pair
and stack the size on another.
What if you took even a small portion of your daily profits (lines) and stacked it on this CADSGD monthly in the direction of profit?
Now you are trading AND investing!
CADSGDMonthly.png
Trading is as easy or as hard as you make it.
AUDSGDH1.png
" If you take that 3rd space off of the table then you can triple up at the midpoint."
Ok, I think i'm starting to grasp it.. This is a X3 example!
... 24x... It's obvious that EIGHTS is all i need
" What if you took even a small portion of your daily profits (lines) and stacked it on this CADSGD monthly in the direction of profit?
Now you are trading AND investing!"
Mmm.. something like a machine generating "slower" profits (lines) from a big chart that you can use to create free trades on smaller/faster charts (and vice versa)?
Thank you much MO!
VERY helpful post!