Thursday, December 22, 2011

I could kick myself

I can't believe it took me this long to remember how to trade range markets. Now all I have to do is remember how to trade trending markets the next time they come and I'm all set.

The following trades were me experimenting with 1M charts. I did not record the pip results, but as you can see I did very well. After searching "how to trade choppy markets" and reading a few links I realized that a lot of what I was calling "choppy" wasn't really choppy. It was actually "ranging" so I was able to adjust and the results of that adjustment are what you see below.

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