白手起家致富需要2 (Rags To Riches Take 2)
OK so after getting messages to ask if I can post what Line Trader was doing and because I seem to be the reason why he left ,I will try and continue from were he left..
Ill post numbers for lines ABCD each night and although I am personally not trading these I will check them out each day and see what the outcome would have been in the same style as Line Trader did e.g. +1.-1 and so on
So its the same rules as he had which were :
If price at 07:00 am(GMT) is higher or lower than A or D it's a no trade day for that particular indice / pairing.
1.If price breaks A by 2 points then go LONG.
2.If price breaks D by 2 points then go SHORT.
3.If price closes above B and then retraces and closes below B then go SHORT.
4.If price closes below C and then retraces and closes above C then go LONG.
Several entries per indice/pairing are possible on each day.
All my charts are set to the M1 timeframe.
Stoplosses
For trade 1 (above) it's 2 points below line B.
For trade 2 (above) it's 2 points above line C.
For trade 3 (above) it's 2 points above line A.
For trade 4 (above) it's 2 points below line D.
Allow for broker spread in each above.
Take Profit
All trades R:R is 1:1.
Any open trades at 4:00pm are closed - REGARDLESS.
So for tomorrow 2nd Feb
Personally I would not trade FTSE OR U/CAD as they are very clustered together
So just so we all know what were doing ,pending orders can be placed for lines A and D just before 7AM so you just have to watch for B and C
Trade it at your own risk
Good Luck
Ill post numbers for lines ABCD each night and although I am personally not trading these I will check them out each day and see what the outcome would have been in the same style as Line Trader did e.g. +1.-1 and so on
So its the same rules as he had which were :
If price at 07:00 am(GMT) is higher or lower than A or D it's a no trade day for that particular indice / pairing.
1.If price breaks A by 2 points then go LONG.
2.If price breaks D by 2 points then go SHORT.
3.If price closes above B and then retraces and closes below B then go SHORT.
4.If price closes below C and then retraces and closes above C then go LONG.
Several entries per indice/pairing are possible on each day.
All my charts are set to the M1 timeframe.
Stoplosses
For trade 1 (above) it's 2 points below line B.
For trade 2 (above) it's 2 points above line C.
For trade 3 (above) it's 2 points above line A.
For trade 4 (above) it's 2 points below line D.
Allow for broker spread in each above.
Take Profit
All trades R:R is 1:1.
Any open trades at 4:00pm are closed - REGARDLESS.
So for tomorrow 2nd Feb
Personally I would not trade FTSE OR U/CAD as they are very clustered together
So just so we all know what were doing ,pending orders can be placed for lines A and D just before 7AM so you just have to watch for B and C
Trade it at your own risk
Good Luck
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