Friday, January 9, 2009

Moving Average Sell!


USD/JPY, 1H

Basic things you must know about the Moving Average:

1) Price crosses above MA, you buy. Exit position when price crosses below MA.
2) Price crosses below MA, you sell. Exit position when price crosses above MA.

See what a bunch of cash you could have collected by shorting the dollar, on two occasions, in recent days?

1 comment:

  1. hi baby! cute picture. haha let's plan our europe tour!

    ReplyDelete