7
2010
Moving Averages Pay Off – even when you sleep
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Hey everyone so as most of you know I have been working with some new ideas using the same moving averages you all know I love and instead of placing them on high volatility currency pairs, I have been putting them on low volatility pairs and ones that just don’t get as much attention. I have been focusing on the AUDNZD, AUDJPY, EURNZD, just to name a few. They have actually been working rather nicely since they normally don’t have as much volume as the GBPJPY and GBPUSD.
The good thing about this is that I have been able to put a simple EA that would enter and exit trades completely based on moving averages and it has been quite profitable over the last month. While this has worked quite well, its not bullet proof and still has its losses, I would recommend to anyone who si looking into this to also make sure to keep an eye on it and not just walk away and come back at the end of the week since you can blow your account. I do as usual keep a close eye on news events and other market movers.
I have been doing some new trading systems which I will be talking about in the forums and here over the next few weeks. Just new trading hours I have been working on and few methods I got under my sleeve.
Anyways hope everyone has a good weekend and will see you all at the forums over this week. And I have been figuring out my schedule to see if I could make a spot to go over to the chat room and do some live trading and explain more things to you all.
Thanks, GFX
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About the Author: Gustavo Feliciano
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Hey there. Needed to ask a little something…is this a wordpress blog site as we are planning to be shifting over to WP. Also did you make this design by yourself? Many thanks.
Yeah wordpress blog, just google for free wordpress themes
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