can you tell me how many capital you use for this strategy ??
you said lot size 0.05 to 0.10, it means we use 100$ for balance or equity..
is it right ? can we use at pair audusd or nzdusd ?
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Trading techniques used should be more detail to indicate when to enter the market and when out of the market to take profits or cut loss .. Any technical system can not guarantee profit on every trade .. Each indicator only shows the price movement has occurred. Further analysis should be done by the trader is, the possibility of which could cause the price movement up or down .. and how its power, and still speculating ..
Thank you for joining us your plan in action and deliberation. I also love that I share with my trading, and especially in these days of the market strange movement .. do I enter parts of the good and strong Lott very few and when reversal every 30 points do I Refrigeration, price does not reflect the day more200 points and compensate for the loss and come out on the profit
I think,there is no specific best trading plan in Forex. Goals, pairs,lot size,indicator and timefram factors which may help you to make a best trading plan. this trading plan varies from trader to trader.its totally up to you which plan is suitable for you.you should make such a trading plan by which you may take some profit although same trading plan followed by some trader can make profit and other some trader faces in loss.
Firstly decide your goal how much invest in it and make strategy according to that and make strategy and implement in the Forex trading plan is totally differ from investor to investor based upon the past trend of the market,best forex trading lead to higher performance and long term plans .you should have a plan b in forex if your one method which you have applied is not good then try another one...
yes, I agree, I think a good trading plan depends on the trader will have the character of trading so that you can profit consistently later, yeah learn it :yahoo:
ok. good luck
I think for this strategy
Trading plan you have discussed here are good but you have to show some more info in details here. Please i need to know the data you used in the parabolic sar and on the sto indicator. I am asking this because these data are very important for different time frames as i know. Please en-light here.