Hi out there
My name is John
I want to share the way I trade.
I have been sick this week, and came across FF
and then spend way to much time reading FF.
It was great. I am amazed at all the ways people trade.
I learned a great deal this week, thanks to all.
Well I have been trading about 5 years.
I use two systems, one is for carry trade, and the one I will share.
With this system I trade about 98% of the time the eur.usd on the day chart.
- I do watch the week & month charts as well some times the 4 hour on the eur.usd.
- I do watch the usd.jpn, usd.chf, gbp.usd, usd.cad, aud.usd. eur.jpn.
I have a day job, so I only have about 30 mins a day to trade
(Sunday maybe hour)
I normally trade between 4:30-6:00 est.
10 mins of chart time and 20 mins of market up-dates.
I normally do between 1-4 things a week with my trade.
ie buy, sell, or add.
but there are many,many weeks I do nothing.
I trade 3% of my money at 50% leverage.
but I will add 3% to a winning trade up to 21%.
The main thing I use is candle formations (about 20)
I do keep an eye on chart patterns (about 7)
and do use trading line and strong points as well.
I do have two moving averages on my charts 200 ema & 200 sma
I use them to see trend & trend strenght.
This is an add and not really part of the system,
It is more part of my carry trade system .
I normally only trade with the trend.
Unless its a strong move off a strong trading lines.
I am looking to maybe making a buy on monday at 5:00,
if I get the right candle.
Below are 2 charts .
The first one is eur.usd day long term chart .
The 2nd one is eur.usd day short term chart.
If you have any questions, please feel free to ask.
My name is John
I want to share the way I trade.
I have been sick this week, and came across FF
and then spend way to much time reading FF.
It was great. I am amazed at all the ways people trade.
I learned a great deal this week, thanks to all.
Well I have been trading about 5 years.
I use two systems, one is for carry trade, and the one I will share.
With this system I trade about 98% of the time the eur.usd on the day chart.
- I do watch the week & month charts as well some times the 4 hour on the eur.usd.
- I do watch the usd.jpn, usd.chf, gbp.usd, usd.cad, aud.usd. eur.jpn.
I have a day job, so I only have about 30 mins a day to trade
(Sunday maybe hour)
I normally trade between 4:30-6:00 est.
10 mins of chart time and 20 mins of market up-dates.
I normally do between 1-4 things a week with my trade.
ie buy, sell, or add.
but there are many,many weeks I do nothing.
I trade 3% of my money at 50% leverage.
but I will add 3% to a winning trade up to 21%.
The main thing I use is candle formations (about 20)
I do keep an eye on chart patterns (about 7)
and do use trading line and strong points as well.
I do have two moving averages on my charts 200 ema & 200 sma
I use them to see trend & trend strenght.
This is an add and not really part of the system,
It is more part of my carry trade system .
I normally only trade with the trend.
Unless its a strong move off a strong trading lines.
I am looking to maybe making a buy on monday at 5:00,
if I get the right candle.
Below are 2 charts .
The first one is eur.usd day long term chart .
The 2nd one is eur.usd day short term chart.
If you have any questions, please feel free to ask.