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Hi there guys may you all have a prosperous 2003.
Like Mike L I also just started day trading FOREX am trying to find my feet. In the process I joined this forum to see what experienced traders think feel about trading. I opted for trading using 5 15 min charts after establishing overall trends on hourly charts.
As TC says ( as I experienced over the last month or so just studying the markets) there is so much movements during a week or even a day with the ups downs why worry about where a currency is going in the longer term if you could make money now. The "trade in the now" method seems good for me also.
My question to TC however: all the so-called "trainers" tell you to just trade in the direction of the trend. Do you stick to this rule or do you really "ride the waves" as it comes? What strategy do you other members follow to profitably trade in this way? Could you provide us (guys like me Mike L I believe many other) with some basic indicators to use in following such a strategy because it seems to me that this is the way to make your money build your equity.
Like Mike L. I really need some assistance in this regard. Another last question TC I see that you have posted some trades in the past when will you start posting trades again?
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