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Part III
Wed, Jun 14 2006, 16:03 GMT
by Dave Floyd
Aspen Trading Group
In the previous two installments of this ongoing series of FX Trading
Basics I outlined the methods I use for determining the trend. In
today’s installment I want to discuss, how I combine multiple time
frame analysis and stochastics in identifying high probability set-ups
versus low probability set-ups.
First, some bullet points to outline my thoughts:
1. Higher time frames, generally, but not always, take precedent over lower time frames.
2. Stochastics, for me, are a filtering mechanism; not a timing mechanism. (...)
Published on
Wed, Jun 14 2006, 16:04 GMT
Aspen Trading Group
| 19699 Mountaineer Way Suite 108 Bend, OR 97702
http://www.aspentrading.com | dave@aspentrading.com
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