Hi all,
I just thought about my trading and want to try something new (for me) here. I will trade only technical stuff here and my approach is pretty simple:
1) I trade the hourly chart with a setup based on Phil Nel's 5m system. So basically everything above the 50 SMA are long trades only, everything below short trades. So I will try to buy into retracements within a trend. That's all.
2) I use higher highs/higher lows and such stuff as well.
3) I use simple trend lines.
That's all.
I trade over there at RBS Marketindex which gives me some additional things to trade like commodities, indices and bonds to diversify a bit. I'll start with EUR 1,000 today and will post my entries and other stuff as usual. I don't know how far this goes and if it will be successful but my first target are 10k, no matter how long it will take.
I just thought about my trading and want to try something new (for me) here. I will trade only technical stuff here and my approach is pretty simple:
1) I trade the hourly chart with a setup based on Phil Nel's 5m system. So basically everything above the 50 SMA are long trades only, everything below short trades. So I will try to buy into retracements within a trend. That's all.
2) I use higher highs/higher lows and such stuff as well.
3) I use simple trend lines.
That's all.
I trade over there at RBS Marketindex which gives me some additional things to trade like commodities, indices and bonds to diversify a bit. I'll start with EUR 1,000 today and will post my entries and other stuff as usual. I don't know how far this goes and if it will be successful but my first target are 10k, no matter how long it will take.