I am really looking forward to getting into this. It seems that everything that I do is wrong, just kidding. I do enough wrong to make myself think that way. Seems that if I traded the inverse of what I think I would be a real trader.
With the above being said, I would like to learn this mentality. I had the idea of inverse pairs about five years ago a could not get anywhere with it. I traded other ways and lost enough that I dropped out of trading.
I would like to ask this. As I dig deeper into this train of thought and I get ready to place a few trades----would it be OK if I posted my thought process in this thread. I will do this ahead of time maybe a day and get input on the trades----guidance if you want to call it that. Maybe you guys could tell me if I am going about this in the wrong thought pattern before I place the trade.
This thread has been so helpful. Thanks for sharing your knowledge.
EA's I did my own, not for sale or available. Never really looked at other peoples EA's.
This approach is not about time frames. They don't feature. Eur is what it is on 5 min, 3 hour or daily, the current price is the current price on ALL time frames. I wouldn't use any indicator you can just load of the net as well. The math is readily available. Study it, use it. You have no idea what's in that indicator, so it might scupper you before you even start.
This approach is very much not about indicators anyway. It's about current price and relationships.
MM of 0.2 - I have no idea what that means.
What's the current relationship, what is the historical relationship? In terms of that relationship how much do you own and should you own right now?
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