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ampris2000 · 28-02-2007, 16:24

>only trade one pair?
i trade among 8 pairs. the reason being is one pair may move only 10 pips while another may move 100 pips. what if you only traded on the 10 pip pair. by splitting up my trades among 8, i still get pretty good gains. sometimes i may look at 17 pairs overall (cuz of low spreads). To me, a trend is a trend, there isn't anything magical about one pair over another EXCEPT aud/usd, nzd/usd, eur/gbp.... their pip values are double.

>use no indicators?
i use indicators. i can also trade w/o indicators.
>use many indicators?
i use three for my strategy. i will look at macd for divergences. i'm studying another indicator to use in range bound markets.
>only trade on pure price action?
no
>look for chart patterns?
i recognize them, but only pay attention to triangles since they are easier for me to place limit orders decently for a good, easy trade as well as predict when a breakout may occur.

>have a favorite time frame?
any time frame that's giving me a trading signal. from the tick chart to the monthly and all in between.

28-02-2007, 16:24	#3
ampris2000 level 3 Join Date: Oct 2004 Posts: 439 Downloads: 0 Uploads: 0 Rep Power: 0	Re: This is the holy grail!!! >only trade one pair? i trade among 8 pairs. the reason being is one pair may move only 10 pips while another may move 100 pips. what if you only traded on the 10 pip pair. by splitting up my trades among 8, i still get pretty good gains. sometimes i may look at 17 pairs overall (cuz of low spreads). To me, a trend is a trend, there isn't anything magical about one pair over another EXCEPT aud/usd, nzd/usd, eur/gbp.... their pip values are double. >use no indicators? i use indicators. i can also trade w/o indicators. >use many indicators? i use three for my strategy. i will look at macd for divergences. i'm studying another indicator to use in range bound markets. >only trade on pure price action? no >look for chart patterns? i recognize them, but only pay attention to triangles since they are easier for me to place limit orders decently for a good, easy trade as well as predict when a breakout may occur. >have a favorite time frame? any time frame that's giving me a trading signal. from the tick chart to the monthly and all in between.