I will soon start trading currencies. 6 Years experience. Reading forums,live experience and read many books. Havnt been trading for 2 years.
Major guidelines for my intraday strategy:
Only technical analysis:
1 go with medium term trend and intraday trend
2 find undervalued/overbought areas to enter by entering on support on up trend and resistance on down trend.
3 bind stops and take profit to critical areas /resistance,support lines/intraday range
Major guidelines for my intraday strategy:
Only technical analysis:
1 go with medium term trend and intraday trend
2 find undervalued/overbought areas to enter by entering on support on up trend and resistance on down trend.
3 bind stops and take profit to critical areas /resistance,support lines/intraday range