Forex Time Machine is a trading system developed by Bill Poulos, a veteran trader and educator in the foreign exchange (Forex) market. This system is based on the idea that the Forex market follows certain patterns and cycles that can be predicted and exploited for profit.
The Forex Time Machine is based on technical and fundamental analysis of the Forex market. It uses a combination of technical indicators, such as moving averages, oscillators, and trend lines, to identify patterns and trends in the market. It also takes into account fundamental factors, such as economic news and geopolitical events, that can affect currency prices.
The Forex Time Machine focuses on identifying and exploiting cycles in the Forex market. These cycles can be short, medium, or long-term, and can be bullish or bearish. The system uses different strategies to exploit these cycles, such as using stop-loss and take-profit orders to limit losses and secure profits, and using trailing stops to follow the trend while protecting profits.
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