Alg's Intraday Strategy and Free Calls

These Entries are brainstorm level. I'll trade in US session.
I'll give you Intraday Levels of Entries:
EUR/USD 1.4483 1.4345
GBP/USD 1.6071 1.5835
AUD/USD 0.9173 0.9093
NZD/USD 0.7393 0.7317
USD/CAD 1.0453 1.0321
USD/CHF 1.0373 1.0237
Mor detail in http://algsnotes.blogspot.com/
 
At these levels we'll see some reversion.
EUR/USD 1.4453 1.4407
AUD/USD 0.9153 0.9103
USD/CAD 1.0421
US/CHF 1.0241
Our trades based on Intraday - Daily reversion. Reversion level is Pivot level. Same time they are strong resistance or strong support. Resistance we do Sell, support we do Buy. Thees Entries are 2-7 pips accuracy. And Stops are 25 pips. Later after price moves 15 - 25 pips of Profit move Stops near Entry (This is new. Use to be 40 pips in old market conditions). Also we do trade follow broken Pivot. In this case I do make special note. It works just for special Market conditions and for special levels or pivots. Take some profit at 40 and 70-100 pips. Never close all trade 100%
Do not risk more 3% of your account Balance.
 
Well since the EU could not brake 1.4580 to the upside, it should go down further then this. The dollar bulls are back in control.
 
We got lot small Entries.
Today is USA Bank of day.
We do not have plenty of liquidity in market trading.
So put Stops near Entry when you'll have some profit.
 
Now it's good time to take 1/4 of Profit and move stops near Entries.
 
We do Buy EUR/CHF near 1.4740-44.
Later move Stops near Entry as soon as possible.
 
EUR/CHF take some Profit near 1.4770. Now move Stops to Entry.
 
You must log in or register to reply here.

Similar threads

J
Advanced RSX Strategy (Scalping 4H or Daily)
Replies
3
Views
7K
joy22
J
Jamie Saettele
  • Article
Technical Analysis Using Pivot Points In Forex Trading
Replies
0
Views
4K
T2W Bot
T2W Bot
F
Daily chart support and resistance - I'm lovin it!!
Replies
0
Views
2K
forexdiscussion
F
M
Bollingerbands intraday strategy
2
Replies
22
Views
15K
apmf
A
cashbackforex
Speculators Heavy USD Buyers
Replies
0
Views
1K
cashbackforex
cashbackforex
Top