FX TECHNICAL ANALYSIS by Andrew Marshall
“Three Screens Are Better Than One” How to use Dr. Alexander Elder’s Triple Screen Trading Method
Tere are a number of wonderful “trading systems” out there, but they are blended in with the “holy grails” and the pay-for-play systems that are nothing more than a couple of random, simultaneous confirmations on a chart. Today, I am going to explain to you the single system that played the foundation for my early success and progress.
When I first started into this world of forex, I bought any and every book I came across that claimed to be able to teach me something about making money in this market. Some were very
52 FX TRADER MAGAZINE January - March 2017
basic, some taught me fundamentals to trading that I still use today, and some were a waste of money. I can tell you right now that anything from Dr. Alexander Elder is worth its weight in gold if you apply it correctly; mold it to your personality type, make it your own. So without further ado and from the wonderful mind of Dr. Alexander Elder, I present to you; Te Triple Screen Trading System.
The Triple Screen Trading
Method Te Triple Screen Trading Method is
First, you need to determine what time frame you want to trade on. Tis can be a set feature for your strategy, or
very simple and actually only requires one screen. Te basics of this strategy is very sound in the “fundamentals” of trading and every trader should make its habit to remember the lessons that this strategy teaches. It is a strategy that requires no fundamental analysis, although I do suggest that you supplement your technical analysis with some fundamental research in order to maintain a healthy, balance trading diet.
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