Learning To Love Stochastics

Sunday, June 8, 2008

Many of you trading in the Forex markets know that the difference between success and failure lies in the probabilities.What is the probability that your speculation will be correct?The more often that your positions are correct the more profitable you will be. This is part of the reason that so many bozos are busy promoting supposedly infallible commercial signals. Seriously, if their signals

No Time? No Problem!

Sunday, February 10, 2008

I'm a lot busier than I was. I no longer have time to watch the forex markets full time in pursuit of profits.So, as you can imagine, I've developed a new trading strategy.A good way to figure out when to attempt to enter the AUDJPY is when the 1hr chart shows the price hitting or dropping below the lower Bollinger band. It won't always bounce up from that point, but very often it does.Armed