Hello
Im from Poland 31yrs old. On markets for about 8yrs - begin with Polish Stocks market and futures. For 4yrs Forex Trading (and some longer term stocks invests) is my only job. Im mostly Daytrader - my open postions last no longer than 10-15hours but most are few hours. Im breakout skalper too - that positions last seconds but i will not show them on this blog now. U will see here my market analysis before i open position. I will tell exacly when i will open position, where i put SL and than show whole management of my open positions. My trading style is something simillar to R. Miner - but in most situations im not using time projections.
Trading Strategy:
1. Simple Elliot waves - just 5waves moves and ABC corrections.
2. Fibo Retracements and Projections - if i see group of Fibo close to each other i will marke this level as potential reversal.
3. DTOSC indicator (it can be stochastic too). When i get signal on bigger time frame on fast DTOSC (1h for forex) im moving to smaller (15m or 5m) and im looking for signal on slower DTOSC if i get it all i open position.
4. Position size: im opening 2 positions with 2-3% risk. 1 is short term and 1 is long term.
5. Manage of positions: no TP, positions close by SL. SL will be move different for both positions.
I post my trades 1st on my blog: HERE
There u can find live analysis, opening positions, updates (in manage of opened position im posting 1st than change it on my accounts)
Hope You will like it.
DTOSC indicator:
Im from Poland 31yrs old. On markets for about 8yrs - begin with Polish Stocks market and futures. For 4yrs Forex Trading (and some longer term stocks invests) is my only job. Im mostly Daytrader - my open postions last no longer than 10-15hours but most are few hours. Im breakout skalper too - that positions last seconds but i will not show them on this blog now. U will see here my market analysis before i open position. I will tell exacly when i will open position, where i put SL and than show whole management of my open positions. My trading style is something simillar to R. Miner - but in most situations im not using time projections.
Trading Strategy:
1. Simple Elliot waves - just 5waves moves and ABC corrections.
2. Fibo Retracements and Projections - if i see group of Fibo close to each other i will marke this level as potential reversal.
3. DTOSC indicator (it can be stochastic too). When i get signal on bigger time frame on fast DTOSC (1h for forex) im moving to smaller (15m or 5m) and im looking for signal on slower DTOSC if i get it all i open position.
4. Position size: im opening 2 positions with 2-3% risk. 1 is short term and 1 is long term.
5. Manage of positions: no TP, positions close by SL. SL will be move different for both positions.
I post my trades 1st on my blog: HERE
There u can find live analysis, opening positions, updates (in manage of opened position im posting 1st than change it on my accounts)
Hope You will like it.
DTOSC indicator:
Attached File(s)
