Jumat, 06 Mei 2011

FOREX BUSINESS TRICKS

Victoria Secret is a trick to grab opportunities when market bullish saturated. I use this trick in the pair Eur / usd and GBP / usd. This trick was developed in 2005. Some have failed, but more often ended with a resounding success.

Towards the end of last January with the tricks can get 200 pips only by 1 order and the overnight 1 night. But in early January, this trick is used and experienced loss -35 pips on eur / usd. In the month of December 2005 with the tricks can be to 300 pips over the gbp / usd after overnight a few nights (when it happens to also be the support of market sentiment towards the close of the year, much needed dollars to pay foreign debt, which is also quite significant gains.) For that I recommend to use stop loss when applying. Use a stop loss 35 pips difference for pair e / u and 50 pips for the pair g / u.


When the dollar weakened against the euro or gbp to enter the area saturated, if there is a correction (dollar strength) either because of the influence of economic data or purely technical reasons, generally movement will be quite significant. Here is we will take the opportunity.

The easiest way to know when a potentially bullish market saturation for the search pattern is to look at Victoria's Secret RSI indicator (14) on the time frame 1D. While a bullish market trend please wait when the RSI (14) began to enter the level 65 (penetrate into the upper level 65).

Use the form of 'candlestick' to facilitate our search for Victoria Secret pattern. If the RSI (14) on the time frame for 1D cross to the top Level 65 look at market price. If the market price on the chart 1D form 'empty candlestick' (closing price above the opening price), then we will wait for a 'shaded candlestick' (the closing price below the opening price) in the following days.

If the 'shaded candlestick' has been established, then we will look for opportunities for Victoria's Secret on the next day, it takes more patience and foresight to get this opportunity. But the reward is so worth fighting.

At Victoria's Secret candlestick, if obtained at the same price with a high level on the shaded candlestick (1 day before) then it is an interesting time to do sell. And always use stop loss when these opportunities occur.

If the market price moving close to the stop loss, then do not do anything. If this is the stop loss we touched. Let it go. That means that the heart indeed we must deal with failure. But if the market price moves down (in the direction that we want), then the chances of a big victory was waiting in front of the eye.
Because the goal is to get a big victory (Victory) and because in most cases this entry opportunities occur precisely at the moment the market is sluggish (sneak). Finally, this trick is called Victoria's Secret.

Tricks that make you feel 'comfortable' with your trading profit. And make you feel happy when 'seen'. Just like 'the other' Victoria's Secret.

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