Trading Strategies:
Futures Trading:
Trade in a contract. The aim of the outbreak of the trade is not commerce or the movement of the trend.
Entry:
Access at the breaking of day lines, trend lines, support and resistance lines.
Long or Short.
Entry is through a stop order. The outbreak is estimated at 10 min - 15 min chart or searched. The outbreak of the trade takes place on a tick chart, as long as a trend based on a tick-issued. At break in the trend of the market out 1,2,3.
Stop:
The stop is placed five points meanwhile entry point.
If there is no strong movement, the position well in front of the goal or reach the stops are closed.
Goal:
As long as the outbreak continues. If a failure outbreak immediately from the market. Even without the reach of the stops.
Position is closed by market order.
Forex:
Tools:
MAs: 10 or 14, 30, 48, 100 and 200 All Simple. At 1,5,15 min and 1h charts.
Fibonacci retracements.
Support & Resistance,
Charts 4h, 1h, 15min, 5min, 1min & Tick Chart
Entry:
The MAs are used as support or Resistance, and will touch on acting as a rebound. Being the most important ones are the two fast DG.
Important support points in the chart are the smooth numbers like 00,20,50,80 which I regard as an S & R points and then act.
Fibonacci retracements for entry are with me 50% and 61.8%.
In addition I handle breakouts.
Breakout I am going by stop in and entry to all other market.
Stop: When I take the tick chart breakouts to quickly get out of positions. That's an average about 15-20 pips. Depending on the movement.
Trend trading is when either the 48-MA used as a stop or after market equipment (see Voigt: Great Book of technology market).
Profit is located at 25-60 pips a day.
When should you use tick charts bring something of market sentiment. Otherwise it rises too quickly or stay in too long and loses important pips.
Recommended to be in any case ECN broker. Since the spreads are much lower.
Trading Example
Entrances are marked with red arrow.
