The term hang eleven is found in the lexicon of surfers and refers to those wave riders who dare to go out and hang naked on the board. Hang 11 is one step passed hang ten.
This blog is not about physically surfing the waves on beaches of sand. It is however about trading waves in the forex market.
Trading naked is a term used by traders to define money put at risk without hedging the position.
Hang Eleven is a journal of trades which are carried out on the foreign exchange market where vast amounts of currency change hands every weekday.
We use only a few indicators with our own brand of numbers and watch the financial world unfold to see if there was money to be made trading fx.
We do not supply a signal service and remind the reader that trading this HANG ELEVEN system or any other system carries high levels of risk and should be done so by retail traders who understand risk management strategies as wall as the risk of using technologically driven trading platforms.
But if you dare trade naked with Hang Eleven on a forex practice account you might even dare trade forex on a real time trading account in once you experience success in fx.
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