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 advertisement* Hi everyone, this is my trade for today on the common sense trading logic using High and Low. If you have been trading, or at least immersed yourself with Forex trading for a while, you should notice that the least volatile period for the majors excluding Yen belongs to the Asian session. During this period, the price action for the Euro and Cable moves like snail and operates within a narrow range. The volatility will come back when it is near the European open and that is where I get ready to aim for a good scalp. Here's how I did it today:
 GBPUSD 14 March 2007 Chart Past results are not necessarily indicative of future results.  advertisement* Decided to file this as a trading setup since this is one of the methods I use frequently. FX Operator now supports RSS syndication in HTML format. Please click here to subscribe with Feedburner and receive all new articles and analysis via email. If you prefer not to have feedburner feeds, you may also subscribe FX Operator RSS. Risk Disclosure Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Hypothetical Performance Results Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program.
One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. Trading Strategies It should not be assumed that the methods, techniques, or indicators presented in these website will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by the registered users are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of FX Operator (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on the website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment. |
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