Tom, this is all I do.
I trade the range, so go short between H1 and H2 ( same as L1 and L2 but above ), but only under the 1300ema in this case ( deleted 540lwma to make it easier to see ), but only with the trend so shorts only under the 1300ema preferably near the 1300ema.
Where I've circles are the entry points, being around at the right time is the tricky part, I do set orders to get in.
50SL on the first position, 2nd position I set a order for immediately at -25 same SL, so max loss 75 pips.
I don't hold for 3 or even 10 pips, i'm after 30 as a min really, i've had 80's recently, with both positions filled thats over twice my SL hit
Notice the 1300ema range, I don't do anything accurately, trying for accuracy just costs you so I keep everything vague and it works.
KEEP IT SIMPLE!!
M15 template is there, go try it on some pairs M15 only, some pairs need slightly different setting, you'll notice very losers
I trade 10 markets with it, to find setups there are few setups though so got to milk them when they happen, ie not 3 pips.
I trade the range, so go short between H1 and H2 ( same as L1 and L2 but above ), but only under the 1300ema in this case ( deleted 540lwma to make it easier to see ), but only with the trend so shorts only under the 1300ema preferably near the 1300ema.
Where I've circles are the entry points, being around at the right time is the tricky part, I do set orders to get in.
50SL on the first position, 2nd position I set a order for immediately at -25 same SL, so max loss 75 pips.
I don't hold for 3 or even 10 pips, i'm after 30 as a min really, i've had 80's recently, with both positions filled thats over twice my SL hit
Notice the 1300ema range, I don't do anything accurately, trying for accuracy just costs you so I keep everything vague and it works.
KEEP IT SIMPLE!!
M15 template is there, go try it on some pairs M15 only, some pairs need slightly different setting, you'll notice very losers
I trade 10 markets with it, to find setups there are few setups though so got to milk them when they happen, ie not 3 pips.
Attached File(s)
m15 setup.tpl
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252 downloads
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!