ashlists.com
   Main Page >> About Us >> Privacy Policy >> Terms of Use >> Add Your Link >> Add Your Article
Search:   
 

Accounting Police: Do They Exist?

Who created accounting principles? Who sets and revises accounting standards? What if you don't foll ... - John Day
 

Rental Property Tax Deductions

Own residential rental properties? This article discusses how income from those properties impacts y ... - Richard A. Chapo
 

Finding the Best Cash Back Credit Cards

Cash back are a good inducement for customers to make a regular use of their credit cards. Most cust ... - Daniel Cohen
 
 

Use Credit Cards Online - Is It Safe?

How many times will you use your credit cards online this year? How you ever wondered whether it is ... - Mike Singh
 

Turtle Trading ? the Turtles Made Millions with no Trading Experience, and You Can Too!

In two weeks a group of 14 people from different walks of life were taught to trade, and these "turt ... - Stephen Todd
 

Recover from your debts with bad debt loans

A bad debt loan is the cure for all your funding troubles when you are trapped in bad credit. These ... - Tim Kelly
 

Secured Credit Card

Secured credit card is a boon for those who have poor credit history and looking to build a good cre ... - Jeff Moynihan
 

Shopping Online for a Mortgage

By doing your homework and shopping around for a mortgage loan you can save yourself thousands of do ... - Louie Latour
 
 

  Main Page » Investment & Finance » Forex Currency
   
 

Forex Tricks: Victoria Secret

   
Author: Ramano Richie
 

Victoria secret is a trick to make profit from bullish market which is nearly close to top levels (saturated levels) in Eur/Usd and Gbp/Usd pairs. I developed the trick at 2005. Some were fails, but most of them are ended with great profit.

I booked profit of 200 pips in Eur/Usd at the last week of January 2006 with using only 1 order and 1 overnight. But unfortunately, I was loss for -35 pips at the first week of January 2006 in Eur/Usd. And I was succeed to take profit of 300 pips in Gbp/Usd in December 2005. Therefore, I strongly recommend you to use stop loss in implementing this trick. I use 35 pips gap from open position for Eur/Usd and 50 pips gap from open position for Gbp/Usd.

When the Dollar is weakening against the Euro and Pounds and enters its saturated levels, then its time for us to wait for its correction. Will correction occur (due to economic data impacts or just for technical rebound), usually it will make significant movement. And this is a good opportunity to enter market.

The easiest way to predict saturated levels and find Victoria Secret opportunity is by looking at RSI (14) indicator at time frame of 1D. When bullish market is reaching 65 level (crossing above 65), then its time for us to look forward to waiting for Victoria Secret opportunity.

Use candlestick mode on your chart. When RSI (14) at time frame of 1D crosses above 65, take a good look at market price. If market price forms empty candlestick (closing price above opening price), then well wait for shaded candlestick (closing price below opening price) on the next days.

When you got the shaded candlestick, then the day after that would be our Victoria Secret day.

So the pattern would be: Empty candlestick-shaded candlestick-victoria secret candlestick

Yup, I know you might need to be patience to make profit from this trick. But considering its reward, it is worth to wait for the opportunity.

When market price at Victoria Secret candlestick is equal to high level at shaded candlestick, then its time to sell. And do not forget to use stop loss.

When market price moves nearly our stop loss, then were not going to do anything. If our stop loss is hit, then let it go. It means that this is not our lucky day. But if market price moves downward then were so close to big victory.

Its main purpose is to earn big victory and usually the opportunity occurs in low volatile market. Therefore, I named it Victoria Secret trick.

One trick that will make you feels comfortable with your profit and makes you please to see it. Just like the other Victoria Secret. You know what I mean.

 
 
 

Related Articles

 
Advantages And Disadvantages Of Using Tax Software
 
Save Thousands by Prepaying your Mortgage
 
E-mini Day Trading - Day Trading for Beginners - Stock Market Timing Software
 
How To Develop A Home Budget
 
The Top 5 Secrets to Managing Your Credit Cards-So They Won't Manage You
 
Credit Ratings: How To Obtain a First Class Credit Rating
 
Dealing with High Levels of Personal Debt
 
An Easy Wealth Exercise: Ten Steps To Wealth
 
Pre-Deployment Checklist
 
A Lack of Compassion in the Disability System
 
 
 
Add Url
 

Self Healing

Art & Creative

Teens & Kids

Society & Communities

Jobs & Careers

Games & Play

Government & Politics

Events & News

Online Shopping

Science & Research

Computers & Software

Health & Hygiene

Recreation & Entertainment

Family & Home

Companies & Business

Automotive

Investment & Finance

Lifestyle & Fashion

Education & Learning

Healthcare & Treatment

Sports

Eating & Drinking

Property & Estate

Hotels & Travel


 
Main Page >> Privacy Policy >> Terms of Use  
Copyright © www.ashlists.com - All Rights Reserved Worldwide.