Hubert Senters here.
Let’s take a look at a question I’ve got here from Elvin. Question from Elvin obviously it says.
Have you ever traded the forex market before? Yes, I have traded all kinds of currency payers and currency futures.
So you’ve got the forex market which is open 24/7. You’ve got the currency futures markets which a lot of the brokerage firms back in the day would hedge in the currency futures market.
So that’s how you hedge against your trade.
If so, do you use the same techniques or strategies? Since its the most traded around the world I thought that it would be nice to know if you take advantage of it as well.
Yes. Here. I’ll throw you out a stat. Let me find it really quick. That will be helpful for you. I do use Ichimoku for that market too. Here is some of the best information I can share with you on this one. It’s been profitable on 29 currencies over last 10 years when we back tested it using a multi-timeframe analysis which is daily, hourly, 10-minute.
You want to make sure those three are synced up. When we back tested it it was good 29 currency payers over the last 10 years. It was profitable but we have to use daily, hourly, 10-minute. So yeah, use it. I like it. Sure. It will help you out.
Mark Helweg is doing a special webinar on ”How to Take Super Small Risk and Target Massive Winning Trades”
He’s going to be doing it tonight Wednesday, October 21st at 8PM EST tonight.
Click this big yellow button right here and register for the webinar. Come, listen to what Mark is going to share with you about risk reward ratios.
Good luck. Hope it helps. See you on the next video.
Hubert.
