Forex Trading Video – Trading Flat Markets
My friend Adam has been kind enough to send another video showing how to trade the Forex Markets. This one is how to still make money will the market is flat. His system is called 5EMA. If you know anything about reading charts you know that EMA stands for Exponential Moving Average. There are several different EMA’s touted as THE ONE. I’ve seen 5 days and 10 days and 7 days and 21 days used as the convergence/divergence number. I’ve yet to see the one that works every time.
As the saying goes you can show any system to work using previous data, its in real time that a system must prove its muster. Something my grandma use to tell me, “Liars figure, and figures lie”. But my favorite line I read in an old Football Digest back in the 70′s when I was just a kid and loved to read stats on players and teams. A football coach told a reporter, “statistics are like loose women, once you get your hands on them you can do whatever you want with them”. I apologize to the women readers out there, its just something that I found funny as a boy when I had no idea what a loose women was.
The most interesting thing to me is that Adam has called his system 5EMA’s and yet he won’t let me know what the 5 is for. I have to buy it to find out, but from what I’ve heard from him and some of his clients I should have already. Just too busy, doing what, only God knows.
Anyway, here is the link to the video. Let me know what you think.
Click Here To See TRADING FLAT MARKETS
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Turbo Tagger
August 19th, 2008 at 2:19 pm
Forex Trading Video – Trading Flat Markets | DollarCreater.com…
Video on Forex trading when the markets are flat. Excellent teaching tool to learn a new technique….