My strategy is very simple :
1 ) two EMA bands , 100 ema high+ close and 200 ema high + close.
2 ) weekly and daily pivots .
3 ) atr of daily and weekly .
4 ) significant lines like last week's low and so on.
5 ) time frame 30 min.
6 ) take profit is 40 pips . stop is Varies depending on the size of the amount that invested
edit : i changed it for 30 pips
rule of engagement :
with 100 EMA BAND under 200 EMA BAND, take short when the price falls below 100 EMA BAND when it returns to him.
when 100 EMA BAND is over 200 EMA BAND, take long when the price rise above 100 EMA BAND when it returns to him .
cross Of 200 EMA BAND will result in a counter-trade.
move to Break even when the profit reaches 20 pips.
At the moment I have $ 170 in my account, and my goal at the end of the week will be able to double it or even triple the amount.
i am dividing my balance to 5 pieces .After each trade, I will recalculate and divide the balance to 5 pieces .
Only in the worst case where I will lose 5 times in a row will I have to re-deposit.
At the moment, the balance is $ 170, and the share is worth $ 34.
Which means that on Monday I'll be with 204$ or 136 $.
In order to double my balance I will have to succeed in 4 consecutive trades or succeed at 5 and lose 1.
and to double my balance by 3, I will have to succeed in all 5.
You can enter full leverage of the entire amount with a stop that is half of take profit , or enter half of the balance with full leverage and then put stop and Take Profit equally .
1 ) two EMA bands , 100 ema high+ close and 200 ema high + close.
2 ) weekly and daily pivots .
3 ) atr of daily and weekly .
4 ) significant lines like last week's low and so on.
5 ) time frame 30 min.
6 ) take profit is 40 pips . stop is Varies depending on the size of the amount that invested
edit : i changed it for 30 pips
rule of engagement :
with 100 EMA BAND under 200 EMA BAND, take short when the price falls below 100 EMA BAND when it returns to him.
when 100 EMA BAND is over 200 EMA BAND, take long when the price rise above 100 EMA BAND when it returns to him .
cross Of 200 EMA BAND will result in a counter-trade.
move to Break even when the profit reaches 20 pips.
At the moment I have $ 170 in my account, and my goal at the end of the week will be able to double it or even triple the amount.
i am dividing my balance to 5 pieces .After each trade, I will recalculate and divide the balance to 5 pieces .
Only in the worst case where I will lose 5 times in a row will I have to re-deposit.
At the moment, the balance is $ 170, and the share is worth $ 34.
Which means that on Monday I'll be with 204$ or 136 $.
In order to double my balance I will have to succeed in 4 consecutive trades or succeed at 5 and lose 1.
and to double my balance by 3, I will have to succeed in all 5.
You can enter full leverage of the entire amount with a stop that is half of take profit , or enter half of the balance with full leverage and then put stop and Take Profit equally .
Attached Image (click to enlarge)
Attached File(s)
yes yes yes
