expensif
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Hi, I received the book a few days ago, and even though i haven't had much spare-time, i'm already about halfway through... I think it is really great! I would now like to apply what i have learned with a demo account or on paper.
I have a few questions i hope someone could answer, I am newbie to trading, mind you..
To begin with, establishing the trend. Is it just as simple as if the 50-MA is pointing up the trend is up? And down, vice versa. And the more the price is above this MA, the better? And the steeper the MA, the stronger the trend?
Mr. Goslin says that the more volume in the trading leads to better trends, and that for instance forex have enormous volume, and therefore is very suitable for this method. Is this something you can confirm? In other words the more volume, the stronger the trends. So forex have strong trends?
Anyone using prorealtime.com, with this method? I'm off to try and construct the lines in prorealtime.com now...
Hope you can answer these simple questions! Take care guys!
I have a few questions i hope someone could answer, I am newbie to trading, mind you..
To begin with, establishing the trend. Is it just as simple as if the 50-MA is pointing up the trend is up? And down, vice versa. And the more the price is above this MA, the better? And the steeper the MA, the stronger the trend?
Mr. Goslin says that the more volume in the trading leads to better trends, and that for instance forex have enormous volume, and therefore is very suitable for this method. Is this something you can confirm? In other words the more volume, the stronger the trends. So forex have strong trends?
Anyone using prorealtime.com, with this method? I'm off to try and construct the lines in prorealtime.com now...
Hope you can answer these simple questions! Take care guys!