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Singlemalt

Discussion in 'Hello and Welcome' started by Singlemalt, May 20, 2010.

  1. Singlemalt

    Singlemalt Private

    Joined:
    Feb 6, 2010
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    I don't normally tell much about myself, but here goes:
    I have been trading forex for about a year now and I have learned just how little I know about this type of trading. In the early '80s I was a licensed stockbroker, but this is much quicker and the shortness of the trades is amazing. I think the most astonishing thing I discovered was a system I designed in 1982 is now used in Forex and it's called 'Bollinger Bands' I am not saying it's a copy, or anything of the sort. This version has been polished and researched a lot more than my system ever was, and besides, there is no reason two people cannot have the same idea independently
    Basically all I did was to find a low priced stock of a company that was going nowhere. I kept a one-year running average, and waited for the stock to move one standard deviation plus or minus. Then I would sell or buy. The present Bollinger band indicator uses, or can use, either one or two standard deviations. My system was 100% by hand with no computer.
    I am more than pleased that someone came up with the same concept.
    Validation is always pleasing.
    Singlemalt
     
  2. geula4

    geula4 forexforex3 rep

    Joined:
    Oct 25, 2009
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    Hi Singlemalt

    Welcome to the forum!
    I like your story about the Bands.

    Happy Trading! :)
     
  3. rs.quark

    rs.quark Recruit

    Joined:
    Mar 13, 2010
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    Good Day

    I too am being expelled from a favorite broker by those rascals Dodd and Frank. I think I will go with Alpari (US) but am not totally sure. Who have you found for a broker?

    I am a retired cop. I spent 30 years working in Detroit Michigan and retired in 2000. This is my second year playing with forex.
     

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