We Really Don't Mind Sharing. . . . . . .These Are The Tools We Use Each Day
Day Trading - 15 min & 30 min charts (Wed, Thur, Friday Only)
1. MWM - Currency Only – 3 level drop / rise; M or W at extreme M1/M3 M2/M4; must be direction of 1 hour trend. 30 pip stop, 30 pip initial profit, 30 pip break even on majors; 50 pip on crosses
2. 1 hr BB-CCI – All Markets - Wide BB, extends outside while CCI exceed 100. Reversal inside BB & CCI closes within 100. Stop 13 pips past extreme price. Initial target is center, second target is opposite BB. Look to stay with major trend reversal with last target, this often will go hundreds of pips over days or weeks. This is the most profitable entry because it supports all of the other strategies.
Swing Trading – 4 hour & 1 hour charts
1. MTF – Join Daily trend based on 1 hour over extension of RSI with confirmation. Support or Resistance Level then reversal of RSI back within 70-30. Trade only in direction of higher time frame trend. Weekly = 4 Hour , Daily = 1 hour
2. DBR/RBD – confirmation of reversal at 4 hour supply and demand zones. Use confirmation of 10% of expected range before entering. Use only on daily & 4 hr chart.
Position Trading – Daily & Weekly charts
1. FX-JA daily – Identify institutional buying at 10 & 20 EMA – stop is ½ ADR
2. FX-JA weekly – Identify institutional buying at 10 & 20 EMA – stop is ½ ADR