FOREX How To

Absolutely Amazing, it really really works!!!

I opened a trade on the AUD/JPY last night when I finished writing my RSI article based on the info that I had from RSI. It worked well overnight and so this morning I opened 11 more trades across a whole lot of currencies, a few hours later my profitable trades are up by 223 pips, and I have only 54 pips in negative trades at the moment (though they should also swing). If all goes well and they all reach their take profit levels I should get up by around 2000pips!!!!!

Now for the important bit... how did I do it? I looked at the daily charts with CCI (14 periods) and RSI (14 periods) as indicators, when I found a currency that had both RSI and CCI showing a trade should be made I opened a position. I paid slightly more attention to RSI and just used CCI as a verification that it was more or less a suitable time.

Needless to say, I'm absolutely amazed at how successful it has been thus far.

Update: After about 24 hours I'm up 543 pips, I closed down a couple of positions EUR/CHF and USD/CAD which were both down by around 40 pips, I think I jumped the gun a little with them so I decided to take the pain now rather than holding onto the positions. One thing I noticed that might have been an indicator to avoid with the EUR/CHF was that it was on a pretty long slow up trend and that the RSI had mostly been somewhere above 50 since back in January. I'll keep my eye on it to see how it progresses. I should disclose that 195 pips of that profit is on the EUR/SEK which I don't think converts into much $ in my unrealised P&L so I'm probably thinking I'm doing better than I really am.

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