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05 September 2007

d’Alembert Strategy in Forex Trading

Binary equation trading is actually a kind of trading strategy that employs the use of a certain mathematical procedure to edge out profitability.With a simple to understand mathematical scheme, a trader can be on his way to increased probability of profit acquisition.

The binary equation was formulated by an 18th century mathematician Jean le Rond d’Alembert, and was more recently found to be a useful component in Forex trading.

A Forex trader should always keep in mind that the volatility of the trading platform is his number one concern. He should be able to comprehend the regular patterns that lead to the upward or downward motion of profit values. In such a case, binary equation trading may provide a good opportunity for the trader to keep the highest amount of potential earnings he can possibly have.

A person is not required to have a master’s degree in mathematics or be a math genius to use this technique. The binary equation trading lets a trader have a significant overview towards a wide scope of direction expected for a particular exchange rate currency partner. All the trader has to do is to rely on the position recommended as projected by the binary equation formulation.

He can easily purchase a lower valued exchange rate and wait for a particular time frame to expect the exchange currency to increase. With a binary equation, he can easily predict when to sell his acquired foreign exchange currency. This will give him a definite residual advantage which serves as profit.

The binary equation trading is perceived to be a form of confidence tool among Forex traders. The most important attribute of this kind of trading concept is its ability to provide decision making rules for a particular trader.

Most of the technical systems that use binary equation trading have already acquired profits in real trading which is in contrast to a hypothetical approach brought by other trading parameters. The mode of trading can be optimized in such a way that it can be useful to almost any other trading platforms, not just for Forex.

If a trader uses a trading platform that heavily relies on the binary equation strategy, chances are, his profits are somehow guaranteed to take a positive course. Since most platforms conduct trading schemes in real time and instantly, a significant amount of stable profit is assured. Even though it only uses a single modular approach in trading, it can be used to conduct a system wide variety of trade exchanges.

With binary equation trading, the total management of trades can be simplified. Shorter forms of calculations may be done to conduct real time trading strategy. Results can be acquired within seconds of pre-calculation of profit generation prediction. A trader may simply opt to choose which results he may want to use for actual trading.

Even though the binary equation promotes a rather instant access to high end profit sources, the long term effect is not sacrificed.

A trader can rely on the effects of the calculation for future referencing of trades. He can conduct multiple trading strategies for a wide spectrum of platforms in future money manipulations.

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04 September 2007

Trade for today September 5, 2007

Hello everyone, I did not trade yesterday because the conflict on my startegy makes me feel undecided. But, if I only follow my technical indicators yesterday, it would have gave me +30 pips. So, right now, we're going to try this set-up.




As we can see on the above chart, the gold line represents the resistance, which if break will give us a BULL market. The red line is the pivot for today and the pink line is the support which if broken today will give us a bearish movement. Daily trend says that it is an uptrend. 4 hour is downtrend. We're going to wait what may happen today.

My position is: BUY Stop at 2.0154 TP at 2.0187 SL at 2.0129. Let's wait and see!

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