Thursday, April 10th, 2008 •
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For those traders who like their forex action hot and heavy, the one-minute and five-minute charts contain the best computer game ever invented. Short trades on these charts, known as scalping, take these microcosms of market sentiment and earn profits from the microtrends these charts’ longer-term brethren filter out.
Scalping gains are not large, with 25 […]
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Wednesday, March 26th, 2008 •
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In a previous article, backtesting was conducted utilizing moving averages of varying time periods to determine their most profitable application as entry points on the AUD/USD daily chart. This article continues that backtesting to fine-tune those results.
In the previous testing, the 10-day over 30-day combination was the most profitable, with a return of 1,435 pips; […]
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