外汇交易的八十个忠告（英文原版）文档.doc

THE 80 CURRENCY TRADING STRATEGY ITEMS ? Please review the following information on a regular basis, as it changes from time to time. ? Please pour over the 80 currency trading strategy items on the checklist below that the big dogs use. Youll be glad you did. Please pick up on the fact that you only need four tools to trade the forex with, using my approach – reading bars, MACD divergence, pivot points, and trendline analysis. Thats it. Nothing more! Plain and simple. Dont let the naysayers have you believe otherwise. The world is full of Doubting Thomases who are everybodys armchair quarterback, but have never made a dime in this business. They sell shovels. They dont use them. ? Currency Trading Strategy Number 1: ? When you are just starting out, strive to carve out 20 pips per session, and that’s it. Then, turn it off, and study some more. When you get really good at it, you can then “graduate” to higher returns. So, set your goal at 20 pips and stick to it, until you are a grand master at this wonderful “business” called forex trading. I stress the word business. This is not a game, especially where your “hard-earned money” is involved. ? Currency Trading Strategy Number 2: ? Spend most of your time on the 15-min chart. ? Currency Trading Strategy Number 3: ? When you first start out in any particular session, look at the 1 hr chart to get an overall perspective on trend from one session to the next, and what it’s likely shaping up to be at the beginning of the upcoming new session. ? Currency Trading Strategy Number 4: ? Only look at the 5 min chart if you absolutely have to see what’s behind the current 15 min bar – especially where the bar is elongated, and may have just penetrated a pivot point; in other words, is price reversing course on the 5 min chart, which would obviously not yet be reflected on the 15 min chart? ? Currency Trading Strategy Number 5: ? Don’t dwell on the 5 min chart, as it contains a lot of “noise” that will whipsaw you to death. ?