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bo7a method... method for GBP/JPY 205 replies
Volatility Close to Close Method indi? 0 replies
Potential Best MEthod of all 5 replies
The Best Moving Average Method...? 0 replies
Open/Close Crossover Method 179 replies
Disliked{file} Adding nothing new here, just a reminder of a simple and working method when followed with consistency and discipline. Long only: MA1>MA2>MA3 | close when price closes above MA1 Short only: MA1<MA2<MA3 | close when price closes below MA1 In both cases the trader scales-in when a signal candle appears, closes all as mentioned above. MA's choice is upon trader's discretion, e.g. MA1 can be 10EMA, MA2 can be 20SMA, MA3 can be 200SMA (classic) 9 entries below, 7 of them could be profitable. NOTE: 1 minute chart attached. At least once a day there...Ignored
Disliked{quote} Hi dimdel, that's the reason for the note added in the post. The timeframe is so low that 20-25 pips trends happen everyday, often more than once. Especially in high volatility pairs. So if someone chooses 2-3 of such pairs it is easy to make 10-15 pips a day. These pips are enough to be profitable. Simple strategies are the best as they can be applied consistently. The more complicated a strategy is the more often fails to be applied consistently. Consistency is the other key (patience is the first one)Ignored