this is a system i'm testing
it's all about price and sma
i use 20 and 200 sma plotted in 1 minute chart,
basically i try to follow the direction of 200,
i enter when pricw break the 20 sma
i aim for little pips, from 3 to 40,
it is not scalping, but same as...
my target is in a weekly basis,
i use 4% risk per trade, with a stop loss of 40... yes isn't a good R:R
but who scalps the fx market will be confortable with this type of MM
i try to make averagely 20 pips per day..
some day i'm insipired and make a lot, like today (90 pips),
but this is not good...
as i sad i aim for a weekly target of 100, in order to build my account..
i use 6 cross:
audusd - eurusd - euraud - gbpaud - eurkpy - gbpjpy
good spread and averagely good movement in a day...
this is not a trending nor ranging strategy, because of the fast timeframe.....
i won't say this is "the strategy", but i feel comfortable with it
it's all about price and sma
i use 20 and 200 sma plotted in 1 minute chart,
basically i try to follow the direction of 200,
i enter when pricw break the 20 sma
i aim for little pips, from 3 to 40,
it is not scalping, but same as...
my target is in a weekly basis,
i use 4% risk per trade, with a stop loss of 40... yes isn't a good R:R
but who scalps the fx market will be confortable with this type of MM
i try to make averagely 20 pips per day..
some day i'm insipired and make a lot, like today (90 pips),
but this is not good...
as i sad i aim for a weekly target of 100, in order to build my account..
i use 6 cross:
audusd - eurusd - euraud - gbpaud - eurkpy - gbpjpy
good spread and averagely good movement in a day...
this is not a trending nor ranging strategy, because of the fast timeframe.....
i won't say this is "the strategy", but i feel comfortable with it