kemosabeforex trader's profile

kemosabeforex
kemosabeforex

Info

Name kemosabeforex

Bio:
What kind of system do you provide: trending, counter trending, breakout, trading range, hedging etc.?

    Our Trading System is Trending or “Trend Following”. Traders who subscribe to a trend following strategy do not aim to forecast or predict specific price levels; they simply jump on the trend and ride it.

Trading style:
Do you use channels or Fibonacci retracement, etc.?

    Price: One of the first rules of trend following is that price is the main concern and price is our only indicator of direction.

We use two technical indicators:
1. Exponential Moving Average (EMA), and
2. Relative Strength Index (RSI).

Traders may use other indicators showing where price may go next or what it should be but as a general rule these should be disregarded. A trader need only be worried about what the market is doing, not what the market might do. The current price and only the price tell you what the market is doing.

Motto:
The only indicator of currency direction is Price!

Experience More than 5 years

Location

Vouchers 0

Registered Aug 26, 2010 at 12:02

Blocked users 0

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