I have been successful with a short term system I used.
Now I want to add a new strategy for the long term, I want to base my position on a daily candle. To get a good feeling of what direction a pair may go I look at the weekly first and than go back to the daily. So, I want to step back from the daily volatility with this strategy, put in an order and than let it ride for 24 hours.
I'm curious as to what other people's experience is with this strategy, I'm very inspired by this thread and want to start working the same way.
Also I am curious if the use of any EA's would help you trading or is it better to put positions with S/L and T/P's?
Now I want to add a new strategy for the long term, I want to base my position on a daily candle. To get a good feeling of what direction a pair may go I look at the weekly first and than go back to the daily. So, I want to step back from the daily volatility with this strategy, put in an order and than let it ride for 24 hours.
I'm curious as to what other people's experience is with this strategy, I'm very inspired by this thread and want to start working the same way.
Also I am curious if the use of any EA's would help you trading or is it better to put positions with S/L and T/P's?
Argue for your limitations, and sure enough, they're yours. Richard Bach