Friday, July 24, 2009

MONEY MANAGEMENT

Reminder to myself....the Money Management need to take into consideration and the most important matter to be success in real trading environment !!!!! PLEASE DO NOT IGNORE !!!!!

From Bro WHA :

a. Confirm the color of TREND in TraderWawasan TE V2.0.MQ4SWERT
b. Confirm the same color in WHA92807a
c. Again confirm the trend in WHA
92807a
d. Check with BoosterPower (true or false signal)
e. Additional :

  • Check with the current price action from Oasis FX Currency Strength Meter.
  • Bollinger Band can be act like Support and Resistance. Don't OP when the CS hits or crossover the BB line. The price will reverse after 3 or 4 CS.
  • Check with Pivot Level ~ R1,2,3 and S1,2,3.
  • Try to draw Equidistant Channel, Trendline and Fibonacci for extra precaution.