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It works, and it works well. It’s simple to execute and gives you very good results. It works since it’s based on existing concepts such as double tops, double bottoms and support-turned-resistance levels. I have a win rate of ±65% using this system with a R:R of a little over 1:1. Here’s a simple set of backtests based on the WhaM system:
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the international standardization organization's code for each currency. Forex SD Trend Following Strategy is one of the best practical trend-based trading strategies around the market. We call it practical because it uses a very sensible set of indicators which really facilitates as a powerful trend tracker when works all together. The interesting fact is, its developer focused on to make a perfectly combined trend signal generator and at the same time tried to represent it in a simpler way so that everybody can be benefited from this incredible trading stuff.
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Specifically, they will use two moving averages (one slow and one fast) and wait until the fast one crosses over or under the slow one. Shan P. Remember me Springer Nature
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WOMEN ENTREPRENEUR Types of big bars Buy The Close when Sell Climax 20:17 Economic numbers: While economic numbers can certainly reflect economic policy, some reports and numbers take on a talisman-like effect: the number itself becomes important to market psychology and may have an immediate impact on short-term market moves. "What to watch" can change over time. In recent years, for example, money supply, employment, trade balance figures and inflation numbers have all taken turns in the spotlight.
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