This is a blended automated and manual trading system. A 90%/10% mix respectively.
MA is used to determine market conditions and bracket the current price with a STOP and LIMIT to profit in that direction.
If the direction is long, BUYS are used to take profits. If the trend reverses, BUY LIMITS are hit and profits taken on the reversal.
If the direction is short, SELLS are used to take profits. If the trend reverses, SELL LIMITS are hit and profits taken on the reversal.
There are many other criteria but I don't want to bore you with the detail.
The system is currently only trading GBPJPY. EURCHF and AUDNZD will commence in the third and fourth quarters of 2017 respectively.
There are FF membership posting restrictions. Please do NOT PM me to lift as they are there for the usual reasons.
The bulk of the posts will be charts with no comment. Make of them what you will. And always remember, that when everything seems to be going against you, that a plane takes off against the wind, not with it. There's a clue on some of the other trading criteria in that observation. ;-)
MA is used to determine market conditions and bracket the current price with a STOP and LIMIT to profit in that direction.
If the direction is long, BUYS are used to take profits. If the trend reverses, BUY LIMITS are hit and profits taken on the reversal.
If the direction is short, SELLS are used to take profits. If the trend reverses, SELL LIMITS are hit and profits taken on the reversal.
There are many other criteria but I don't want to bore you with the detail.
The system is currently only trading GBPJPY. EURCHF and AUDNZD will commence in the third and fourth quarters of 2017 respectively.
There are FF membership posting restrictions. Please do NOT PM me to lift as they are there for the usual reasons.
The bulk of the posts will be charts with no comment. Make of them what you will. And always remember, that when everything seems to be going against you, that a plane takes off against the wind, not with it. There's a clue on some of the other trading criteria in that observation. ;-)
Do not focus on making money; focus on protecting what you have.
