It's been very quiet in the Forex Trading forum lately, what gives Which one are you Mr. Simulated wood siding? -Kastro
I just started with forex happily I might add, and I didn't vote because quite simply you didn't leave a votable option for my strategy and no, i ain't gonna tell which one it is lets just say portfolio doubling in 4-5 months on 50 000 account, biggest loss in one day allowed is 2500 by the way, there is this EA programmer I know, and he has a really good attitude he always assumes that he can do it whatever the job is, he approaches every problem with a slow, can do attitude. that is how I approached forex and yes its a good way to think
I am still demo trading -- and using mostly indicators: Macd, Stoastics, RS. The arrows seem to be pretty reliable -- but problem is you have to be glued to the screen to catch them. Not a good way to trade --need lots of patience and constant observing the screen. May be hours before the right set up shows up --and then more hours before trade goes in a good direction. So I cannot reconmend this method -- but still it seems to be more reliable than other methods. Goal is to catch part of the swing and not the tops or bottoms. Also hedging seems to be reconmended approach. However, you need to be skilled at it -- or else you may (will) end up working with a larger spread than if the hedge was not used.
I voted for Scalp. This was the option that related the closest to the style I use for majority trades. ES, are you still with O?