Going to start a journal.
I will be trading EU exclusively trying to catch intra/interday trends.
I will be employing a 3 position strategy using a modified stocastic, a MACD and a trend following indi such as the GannHiLo. (One position based on each indicator). I may have both long and short positons open at the same time, so will be using a sub account at Oanda.
Where this trading may differ from other methods is I will be taking money off the table when a trade is in profit and letting the remainder run. I will post the trades I make and their end result here.
Probably going to use the 1hr timeframe. I have yet to settle on take profit or stop loss levels, but am looking to tweak as time goes on.
Will be trading demo for the first few weeks, but this is not for fun. I fully intend to bring this strategy online asap.
More to follow.
I will be trading EU exclusively trying to catch intra/interday trends.
I will be employing a 3 position strategy using a modified stocastic, a MACD and a trend following indi such as the GannHiLo. (One position based on each indicator). I may have both long and short positons open at the same time, so will be using a sub account at Oanda.
Where this trading may differ from other methods is I will be taking money off the table when a trade is in profit and letting the remainder run. I will post the trades I make and their end result here.
Probably going to use the 1hr timeframe. I have yet to settle on take profit or stop loss levels, but am looking to tweak as time goes on.
Will be trading demo for the first few weeks, but this is not for fun. I fully intend to bring this strategy online asap.
More to follow.