Forecasting currency exchange rates using a neural network - page 7
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Trading at intraday euro levels with a small stop has had a positive expectation since 2007.
That is more than 5 years.
I see, of course. Are the five points taken out of spit - or are they the result of research?
I like the three points better, for example.
Money is an intangible asset and it is very important to remember this when trading it. The value/value of a currency is determined by its credibility.
Intraday levels. They are easy to count, they are published and everyone who needs them knows them. When the price approaches one of the levels, the traders of this asset "stratify" into "believers and mistrustful". Which of them will dominate and will determine the further price direction.
Mathematically it is possible to calculate intraday levels accurately enough, but it is impossible to determine the traders' mood at the calculated level. However, this sentiment can and should be seen on the indicators in real time, similar to pilots who determine the condition of all systems of an aeroplane, its speed, position relative to the ground, etc., by the instrument readings on the dashboard. Pilots are trained to read and understand the instrument readings. Without this knowledge they are simply not permitted to fly.
Summary. There are levels and they can be calculated. Trader's behavior at levels cannot be calculated and predicted, but it can be seen on the indicator readings in real time.
for the last two months mo negative.
Catastrophe! ))
Disaster! ))