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- Status:
- Member
- Last Online:
- Jun 19, 2020
- Using Local Time:
- 7:45am (13 hr ahead of you)
- Joined Forex Factory:
- Jun 2007
Input by twofeet
About
- Trading From:
- Singapore (map)
- Trading Style(s):
- Automated Systems, Price Action
- Markets Traded:
- Crypto, Equities, Forex
- Contracts Traded:
- Spot, ETFs, CFDs
- Coding Proficiency:
- MetaTrader 4
- Preferred Broker:
- OANDA (profile)
- Biography:
- Intra-day Trading Strategy:
A. Observe
1. Draw Trendlines
2. Draw key resistance/support lines
2. Spend 2 Hrs, Read All News (Daily & Weekly), understand weekly + daily sentiment and announcements
3. Look at current Price Action (for Divergence)
4. Look for gaps to close to next fib/daily support/daily resistance levels
B. Trade
.NEVER TRADE AGAINST THE TREND
.NEVER SPOT TRADE, USE LIMITS (better entry)
.LIMIT TRADING ON Mon/Fri, UNLESS VERY HIGH PROBABILITY TRADES
Entry/Exit "Indicators":
- Trend Lines, Fibs
- Support & Resistance Levels
Buy/Sell to close gap towards next fib/support/resistance level
- Set TP just before next level
- Set SL just before current level
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