1st I am new to forex and my experience could be elementary perhaps idiotic however on my demo account it has been making solid profit 80% times.
Quick background on myself.Age 48 an Artist studied Engineering and Chess addict.
My "system" is simple.
ONLY trade on daily highs and lows.Not in between.My focus is price action and nothing else.NO INDICATOR USED NONE!
As you know this pair in particular goes wide swings usually 126 to 128 and sometimes 129.
I buy 126-27 sell 128-129
Trick to me is not to panic maintain your cool because the pairs have been rising and falling in predictable pattern.
That's it guys.
Quick background on myself.Age 48 an Artist studied Engineering and Chess addict.
My "system" is simple.
ONLY trade on daily highs and lows.Not in between.My focus is price action and nothing else.NO INDICATOR USED NONE!
As you know this pair in particular goes wide swings usually 126 to 128 and sometimes 129.
I buy 126-27 sell 128-129
Trick to me is not to panic maintain your cool because the pairs have been rising and falling in predictable pattern.
That's it guys.
In trading, you have to be defensive and aggressive at the same time