A Trade in Foreign Currencies by D.W. Davies
ARTICLE SYNOPSIS ...A Trade in Foreign Currencies by D.W. Davies
Here's a recent trade in foreign currencies what was used, the reasoning behind it and the outcome. Take a look.
Without a universal truth to define the beginning and end of trends, most successful traders choose to trade using a system. For me, that meant combining a moving average percentage channel (MAPC) and a dual commodity channel index (DCCI). While this combination has worked well for me, I have had my doubts on occasion; in deteriorating trends the outer channels may not be reached before reversal occurs, while at other times, outer chan...