Past a month, i'm using a system and so far it's gives me >90% profit trades. It's 8H candlestick trading. I break a day (24 hrs) into 3 candles of 8H. Asian, europe and American market time. With the use of daily SnR, i can predict the market more accurately using price action. If the previous candle closes below the R, i'll go for sell and vice versa. My trades only last for 8 hours. By average i can get 25-30 pips for EU pair. [i only trade EU]. Now the question is How Can I Improve This Technique?
- Joined Dec 2010 | Status: Member | 572 Posts
The only system that will work is one designed by and for yourself.
- Joined Jan 2010 | Status: overcaffeinated.... | 1,540 Posts
si hoc legere scis nimium eruditionis habes