Dear Reader.
Anyone who watched or watching my thread. In my first post, I described my strategy (you can read in the beginning), but with the passage of time and experience here in the forum, my methods were exposed to metamorphosis, and silent reversed.
I decided to write this post because I believe that the thread must correspond to reality.
So.
Some of you have watched online for my account, some have not.
I trade intraday, sometimes the transaction may be opened for 2 days, it depends on market conditions and the accuracy of the forecast. How do you have time to make sure I predict with a high probability, but rarely an error. For me the important thing is that positive deals more than the negative. As you have noticed, I have a really steady income. I believe that my trading plan - is the foundation of my success.
My analysis, often based on the Elliott Wave theory. Classic! To confirm and increase the accuracy of the forecast, I use candlestick patterns and shapes. Also, to determine the levels, I use Fibonacci. I strictly adhere to the rules of discipline and often use stop-losses (including trailing stop) and take-profit. I do not refuse to trade on the news, but with a reduced risk (put less volume).
Thank you for attention! (By mar 27, 2016)
THIS IS THE FIRST POST. (BY FEB 8, 2016)
First of all I want to subscribe my trading strategy.
- One of the main factors of good trading is the correct processing of information from news and technical analysis.
( I use Fibonacci tools for analysing correction moves. ) If we may not to be sure in moving of price during the news, we can predict correction phase.
- What about trading in trend. You should remember about patience. Stop-losses - is a good way to avoid chatastrofic losses. But i am always looking out for the chart, and i use pending orders too seldom.
- No "locks" (this is just a deferred loss, I close my loss until they are grown) and no "pulling the stop-loss in the opposite direction from the price, to avoid closure". Be brave and accept a loss until it did not become your last loss on the account
How are you think?
Please, I will be happy to read your trading strategy:-)
GOOD LUCK!
Anyone who watched or watching my thread. In my first post, I described my strategy (you can read in the beginning), but with the passage of time and experience here in the forum, my methods were exposed to metamorphosis, and silent reversed.
I decided to write this post because I believe that the thread must correspond to reality.
So.
Some of you have watched online for my account, some have not.
I trade intraday, sometimes the transaction may be opened for 2 days, it depends on market conditions and the accuracy of the forecast. How do you have time to make sure I predict with a high probability, but rarely an error. For me the important thing is that positive deals more than the negative. As you have noticed, I have a really steady income. I believe that my trading plan - is the foundation of my success.
My analysis, often based on the Elliott Wave theory. Classic! To confirm and increase the accuracy of the forecast, I use candlestick patterns and shapes. Also, to determine the levels, I use Fibonacci. I strictly adhere to the rules of discipline and often use stop-losses (including trailing stop) and take-profit. I do not refuse to trade on the news, but with a reduced risk (put less volume).
Thank you for attention! (By mar 27, 2016)
THIS IS THE FIRST POST. (BY FEB 8, 2016)
First of all I want to subscribe my trading strategy.
- One of the main factors of good trading is the correct processing of information from news and technical analysis.
( I use Fibonacci tools for analysing correction moves. ) If we may not to be sure in moving of price during the news, we can predict correction phase.
- What about trading in trend. You should remember about patience. Stop-losses - is a good way to avoid chatastrofic losses. But i am always looking out for the chart, and i use pending orders too seldom.
- No "locks" (this is just a deferred loss, I close my loss until they are grown) and no "pulling the stop-loss in the opposite direction from the price, to avoid closure". Be brave and accept a loss until it did not become your last loss on the account
How are you think?
Please, I will be happy to read your trading strategy:-)
GOOD LUCK!
