EDITOR NOTE: Sorry, due to phone error i cant upload chart directly to FF in page 1. But you can find trading setup with chart in page 2.
Dear All, this is my strategy. Feel free to jump in.
We know that trading is a possibility game. So what we need to do is to minimizing the risk. We dont need complex strategy to earn profit in a long run. It's different story if we want to Fundamental Trading.
Strategy is simple.
Indicator LWMA 405, and Parabolic SAR standar.
I'm using H1 for the Buy/Sell outlook. Entry in M30.
We're looking sell when H1 price below MA, buy when above.
Entry and Exit using SAR.
This is example in EURJPY.
Clearly H1 in a downtrend and in retracement/pullback. So I'm waiting for upper dot SAR to enter, trying to catch the trend. Of course it will be bad in ranging market. That is why we need calculate the MM. And i dont enter @the first SAR upper dot because market just retrace, anticipating ranging market.
Screenshot added
https://drive.google.com/file/d/1K19...w?usp=drivesdk
Dear All, this is my strategy. Feel free to jump in.
We know that trading is a possibility game. So what we need to do is to minimizing the risk. We dont need complex strategy to earn profit in a long run. It's different story if we want to Fundamental Trading.
Strategy is simple.
Indicator LWMA 405, and Parabolic SAR standar.
I'm using H1 for the Buy/Sell outlook. Entry in M30.
We're looking sell when H1 price below MA, buy when above.
Entry and Exit using SAR.
This is example in EURJPY.
Clearly H1 in a downtrend and in retracement/pullback. So I'm waiting for upper dot SAR to enter, trying to catch the trend. Of course it will be bad in ranging market. That is why we need calculate the MM. And i dont enter @the first SAR upper dot because market just retrace, anticipating ranging market.
Screenshot added
https://drive.google.com/file/d/1K19...w?usp=drivesdk
wish me pips