Tuesday 2 September 2008

ForexGen | EUR/USD Trade

This is an example of the method at work.

The first chart is of the 4 hour EUR/USD.

The main trend as determined by the 89’s and 144’s has been in buy mode for the last 40 days.In fact it has been in buy mode for much longer but the charts I use only show 40 days at a time.

The TI does not need to move from down to up or vice versa before you can trade.It does however need to be in the same direction at the time you enter the trade.

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