This is how I trade forex (March FX ~ signals)

Discussion in 'Journals' started by MarchFX, Jun 4, 2021.

  1. MarchFX

    MarchFX

    upload_2021-7-9_13-22-51.png

    Take profit hit.
     
    #21     Jul 9, 2021
  2. MarchFX

    MarchFX

    It has been a while since I posted a signal here. The truth is that I managed to develop a winning strategy after years of trying. It works well for me. Unfortunately, it generates just a single signal/trade in a week. Sometimes I get no signal at all. The other bad thing is that all the signals are long, the strategy does not work for sell. This means I have fewer trades.

    Consequently, I have been trying to develop other strategies. I am particularly interested in scalping. I have created another account where I can perfect the art of scalping. I have also developed another EA for scalping, but I have to confirm and enter all trades manually. In theory, my EA is able to spot trends that a human trader cannot.

    If proven that it works perfectly, I will share the code with other traders towards the end of the year. I need to test it for a period of four months. I will appreciate any valuable input from any trade. The other time, @expiated and @maxinger helped me a lot. Probably hundreds of people read my posts. I look forward to interacting with scalpers. I will have both long and short trades. I will start to trade from 24th August. I will share the the link here.

    The strategy is like this: I risk 2%, take profit being between 1% and 2%.
     
    #22     Aug 20, 2021
  3. MarchFX

    MarchFX

    Going to scalp audnzd with stop loss at 1.04247 and entry at around 1.04317. Not the best scalping opportunity upload_2021-8-27_12-26-5.png
     
    #23     Aug 27, 2021
  4. MarchFX

    MarchFX

    It looks like its gaining upward momentum but that may not be so for long, we have high impact USD news shortly,

    upload_2021-8-27_14-1-33.png



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    the best thing is to close audnzd right now,
     
    #24     Aug 27, 2021