Hi Fellows
I have been live backtesting this strategy with good results in the last month, not that long but enough to start to track records
let's see if is worthless or not..
The Weekly EURUSD Scales StrategY
This system is so simple that it may appear stupid, I open a 4h chart on IBFX and I draw a line starting from the weekly opening
finishing at the 13th 4h candel, if the line point on south I go short otherwise I go long, I then set a sto loss of 100 pips and a target of 250 pips, around
the 30th candel if target wasn't reached I close my position, that's it!!
It takes just 10 minutes a week to setup and some trailing during the week
Attached iss the chart of today, we are now reaching the 13th 4 candle so I just shorted few minutes ago,
my position is:
eurusd [email protected] sl 1.2628 tgt 1.2378
I have been live backtesting this strategy with good results in the last month, not that long but enough to start to track records
let's see if is worthless or not..
The Weekly EURUSD Scales StrategY
This system is so simple that it may appear stupid, I open a 4h chart on IBFX and I draw a line starting from the weekly opening
finishing at the 13th 4h candel, if the line point on south I go short otherwise I go long, I then set a sto loss of 100 pips and a target of 250 pips, around
the 30th candel if target wasn't reached I close my position, that's it!!
It takes just 10 minutes a week to setup and some trailing during the week
Attached iss the chart of today, we are now reaching the 13th 4 candle so I just shorted few minutes ago,
my position is:
eurusd [email protected] sl 1.2628 tgt 1.2378