Hi,
I have a question pertaining to your trading styles and would like to know if what you have to offer would suit me?
From my research and accumulating knowledge on FX there are three ways to trade:
1) Mechanical – you simply watch technical indicators and enter and exit according to rules.
2) Subjective – you place trades technically with your opinion
3) Intuitive – you still use TA, however you have acquired an intuitive feeling about where the market might go and are mostly correct.
Would you say this is correct and would the commercial products you sell fit into any of the above categories?
thanks & kind regards
Gavin
My personal style is a mixture of technical and subjective, taking into account fundamental data. The majority of the trading is pure technicals, then when looking at post news moves I will consider these as to whether to take the data into account or to ignore it, as so often price returns to pre-news trends. Any intuitive thoughts probably would only come from the subconscious analysis of the technicals in my case.
If the technicals are weak, then I am subjective and stay in cash.
I would say that most of our educational offering is built on this basis.
BoE base rate and US Non-Farms Key focus -Weekly review 1st August
In this video Kym reviews the main economic data and technicals for the week ahead.
2 Comments
Hi,
I have a question pertaining to your trading styles and would like to know if what you have to offer would suit me?
From my research and accumulating knowledge on FX there are three ways to trade:
1) Mechanical – you simply watch technical indicators and enter and exit according to rules.
2) Subjective – you place trades technically with your opinion
3) Intuitive – you still use TA, however you have acquired an intuitive feeling about where the market might go and are mostly correct.
Would you say this is correct and would the commercial products you sell fit into any of the above categories?
thanks & kind regards
Gavin
Hi Gavin,
My personal style is a mixture of technical and subjective, taking into account fundamental data. The majority of the trading is pure technicals, then when looking at post news moves I will consider these as to whether to take the data into account or to ignore it, as so often price returns to pre-news trends. Any intuitive thoughts probably would only come from the subconscious analysis of the technicals in my case.
If the technicals are weak, then I am subjective and stay in cash.
I would say that most of our educational offering is built on this basis.
Best wishes
Kym