I am currently testing an intra day system and therefore placing the posts on a journal may seem most appropriate.
Basically its is a "range trading" model taking advantage of the currency pairs' daily range. With most trading systems focusing on trend-following models and little on range trading, I thought a range-trading" system would be interesting.
It is not a holy grail or a magic system. I focus on key REsistance & Support areas and placing my Buy and Sell orders at these key areas and then letting them "run" and will liquidate all pending and open positions 24 hours later.
I will start posting the resutls this coming Monday...
CC
Basically its is a "range trading" model taking advantage of the currency pairs' daily range. With most trading systems focusing on trend-following models and little on range trading, I thought a range-trading" system would be interesting.
It is not a holy grail or a magic system. I focus on key REsistance & Support areas and placing my Buy and Sell orders at these key areas and then letting them "run" and will liquidate all pending and open positions 24 hours later.
I will start posting the resutls this coming Monday...
CC
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