Hello Everyone,
My name is Jeff Arthur and I am a new member here. I have been trading FX for over 10 years now and have never heard of this website but stumbled across it not too long ago and decided to join the community. I thought the trade journal section was most interesting so I decided to start one today. The strategy I am working on is very simple and maybe quite boring to some to be honest. The fancy name I gave it is Mosaic 55 Short Term FX and I started it over on collective2.com on Oct 18th and some trade examples are available on my website bluecollarhedgefund.com.
Really the only two inputs involved in my trading approach are economic releases (positions taken after the 1 hour bar has closed following the release not before and not during the bars formation) and the 20 sma as an exit tool. A stop loss is used as a safety measure placed over the high or low of the entry bar but typically exits are signaled by the 20 sma. This strategy can go quiet for up to a week at a time as not all releases create enough of an impulse to warrant a trade so like I said it maybe be a bit boring for some folks but I enjoy it.
I have started a Live Account TE with a small deposit that I will trade but my primary focus will be building my subscriber base over on collective2. The RBNZ rate decision and policy statement is up at 3PM EST so I will be watching. If nothing worth trading occurs the next chance for volatility wont be until BOE 4:30AM EST Manufacturing Production release this Friday but even that may not move markets. So I hope you enjoy and I am glad to have stumbled upon this site, feel free to check my website for trade examples. Link above or in my profile.
Happy Trading!
My name is Jeff Arthur and I am a new member here. I have been trading FX for over 10 years now and have never heard of this website but stumbled across it not too long ago and decided to join the community. I thought the trade journal section was most interesting so I decided to start one today. The strategy I am working on is very simple and maybe quite boring to some to be honest. The fancy name I gave it is Mosaic 55 Short Term FX and I started it over on collective2.com on Oct 18th and some trade examples are available on my website bluecollarhedgefund.com.
Really the only two inputs involved in my trading approach are economic releases (positions taken after the 1 hour bar has closed following the release not before and not during the bars formation) and the 20 sma as an exit tool. A stop loss is used as a safety measure placed over the high or low of the entry bar but typically exits are signaled by the 20 sma. This strategy can go quiet for up to a week at a time as not all releases create enough of an impulse to warrant a trade so like I said it maybe be a bit boring for some folks but I enjoy it.
I have started a Live Account TE with a small deposit that I will trade but my primary focus will be building my subscriber base over on collective2. The RBNZ rate decision and policy statement is up at 3PM EST so I will be watching. If nothing worth trading occurs the next chance for volatility wont be until BOE 4:30AM EST Manufacturing Production release this Friday but even that may not move markets. So I hope you enjoy and I am glad to have stumbled upon this site, feel free to check my website for trade examples. Link above or in my profile.
Happy Trading!