I am the original poster of this thread: https://www.elitetrader.com/et/threads/a-holy-grail-scalping-strategy.376500/
I believe its now time to publish performance of what I call marketmover trading method. My approach involves monitoring the actions of the key market participants and making trading decisions based on their actions. I use this method to look for buying signals from market movers and follow their leads.
How the system works
The system has three components
Y-axis: Pay attention to prices in dollars over the past 300 hours
X-axis: pay attention to how much time has passed in the chosen period
Price action: Pay attention to how a currency pair is performing
The results will be available following the upcoming trade.
What are the rules?
DD should not exceed 3%
Holding time: One hour. If it exceeds one hour and a trade is not in profit, I will seek to close it.
I believe its now time to publish performance of what I call marketmover trading method. My approach involves monitoring the actions of the key market participants and making trading decisions based on their actions. I use this method to look for buying signals from market movers and follow their leads.
How the system works
The system has three components
Y-axis: Pay attention to prices in dollars over the past 300 hours
X-axis: pay attention to how much time has passed in the chosen period
Price action: Pay attention to how a currency pair is performing
The results will be available following the upcoming trade.
What are the rules?
DD should not exceed 3%
Holding time: One hour. If it exceeds one hour and a trade is not in profit, I will seek to close it.
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