Monday, November 10, 2008

Trading Setup

Im looking at my charts and indicators, and I do not see any trades that I like right now.
I DO NOT SCALP.

I only take trades that are in the extremes of overbought and oversold conditions

Right now USD/CHF looks good but, I want to see it turn before I commit.

I will only be making a $1 trade when it looks good.

As I go along I will be posting the "commandments" of my trading system.

I just realized that I really need to get a microphone for this PC so I can effectively communicate with you all. I will be making video analysis posts.

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