Double bollinger bands at 1 and 2 deviations. Buy zones between the top 2 bands, sell zones between the bottom 2 bands.
The thoughts and techniques of trading, as learned through a student. Currently only trading currencies:
Welcome! This is my 2012-2013 daily journal/blog to see if, and to what extent, trading can really be done for the average Joe; Without the fancy automated trading systems, spending thousands of dollars on books and seminars, and quad monitor business. Everything I have learned is through the internet and free e-books.
Link to Live trading account:
All equity charts are presented using Charles Schwab's Street Smart Pro. All forex charts are presented using Oanda's Metatrader 4 Java edition.
The following are my most recommended (and lengthy) posts:
Reading and using the Metatrader 4 platform:
Part 1part 2
The beginnings of analysis
Compilation of Bearish Reversal candlestick patterns
Compilation of Bullish Reversal candle stick patterns
Blog list for the year
This is meant to be a learning experience above all. If you have a question, ask! Ask me anything
Welcome! This is my 2012-2013 daily journal/blog to see if, and to what extent, trading can really be done for the average Joe; Without the fancy automated trading systems, spending thousands of dollars on books and seminars, and quad monitor business. Everything I have learned is through the internet and free e-books.
Link to Live trading account:
All equity charts are presented using Charles Schwab's Street Smart Pro. All forex charts are presented using Oanda's Metatrader 4 Java edition.
The following are my most recommended (and lengthy) posts:
Reading and using the Metatrader 4 platform:
Part 1part 2
The beginnings of analysis
Compilation of Bearish Reversal candlestick patterns
Compilation of Bullish Reversal candle stick patterns
Blog list for the year
This is meant to be a learning experience above all. If you have a question, ask! Ask me anything
August 19, 2012
Aug 18, 2012: Idea to think about