Hi All,
I am starting this journal to place hold my trades.
Trading method:
I use 54/200 EMA's on 15, 30, 1 hours time frames for confirmation of trades.
No prediction/forecast about the future direction of the market. Just go with the flow and collect/lock pips as much as possible.
Mostly buy setups only with good R:R will be taken.
Head/Shoulder patterns mostly will fall inline with the trading method and will be useful for setting targets.
Note: Watch out for the neckline in H&S.
Money management is very important.
I will continue to add more points if necessary in the future.
I am starting this journal to place hold my trades.
Trading method:
I use 54/200 EMA's on 15, 30, 1 hours time frames for confirmation of trades.
No prediction/forecast about the future direction of the market. Just go with the flow and collect/lock pips as much as possible.
Mostly buy setups only with good R:R will be taken.
Head/Shoulder patterns mostly will fall inline with the trading method and will be useful for setting targets.
Note: Watch out for the neckline in H&S.
Money management is very important.
I will continue to add more points if necessary in the future.