hi names swan
posting up some strates that ive looked into and come across in my time trading going to post them all on this and hopefully come to see what works well for people.
Ok SMA 21
a simple moving average
this is a trend trading day trades. using asian market opening times.
what we want to see is the price above the 21 sma or below the 21 sma
going in a smooth angle
what i mean is that the candles and the sma 21 line are either pointing to one o clock or 5 o clock.
we want to see two to three day candles making the beginning of a one o clock or 5 o clock angle
the 21 sma is just a guide to help see direction of clock angles.
ok we place trades at 1 am british time and exit trade at 5 am british time
point to note the pairs you use must be western pair or one western and one eastern
not both pairs eastern. you can lose money that way.
this stratagy was fairly successful for me
i was earning £200 a night for £50 risk
its just a pain trading and getting up but was worth it.
saying that thou this was at the height of the reccessipn and i was holding sell position.
looking back £200 could have ben a lot more if held for longer
see what you make of it mini contracts of course and have a play
was a fair stratagy
posting up some strates that ive looked into and come across in my time trading going to post them all on this and hopefully come to see what works well for people.
Ok SMA 21
a simple moving average
this is a trend trading day trades. using asian market opening times.
what we want to see is the price above the 21 sma or below the 21 sma
going in a smooth angle
what i mean is that the candles and the sma 21 line are either pointing to one o clock or 5 o clock.
we want to see two to three day candles making the beginning of a one o clock or 5 o clock angle
the 21 sma is just a guide to help see direction of clock angles.
ok we place trades at 1 am british time and exit trade at 5 am british time
point to note the pairs you use must be western pair or one western and one eastern
not both pairs eastern. you can lose money that way.
this stratagy was fairly successful for me
i was earning £200 a night for £50 risk
its just a pain trading and getting up but was worth it.
saying that thou this was at the height of the reccessipn and i was holding sell position.
looking back £200 could have ben a lot more if held for longer
see what you make of it mini contracts of course and have a play
was a fair stratagy
