Sunday, July 30, 2017

Strategy

So after all these months, I've come to the conclusion that trading needs to be relatively full time. My strategy would be as such:

1. Check master direction on 4hr timeframe using EMA6.

2. Enter trade in same direction on 15min timeframe using EMA6

3. Exit trade once 15min timeframe EMA6 goes in opposite direction of master direction, regardless of profit or loss.

4. Use money management 20% of capital. Risk reward ratio irrelevant as exit is dependent on EMA6.

When I get to try this is another matter altogether. Sigh.

Yours,

X

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