A strategy I have been trading for a month now... Works great.
Its stupidly simple, but it works.. So I don't mind =]
Basically - I trade pullbacks from channels after a breakout. I focus on tight stop loss, reasonable Risk:Reward ratio and pre-calculation of take profit. I don't use indicators nor trailing stop loss of any kind. I like 'Fire and forget' type of strategies - Enter and go back to sleep hahaha.
I will write a thorough guide later, with instructions of the exact place to enter, how to determine Stop Loss and Take Profit.
Meanwhile.. Enjoy these examples:
http://2.bp.blogspot.com/_Zrd_lB3pUm...Frw/s320/5.jpg
http://2.bp.blogspot.com/_Zrd_lB3pUm...MbE/s320/4.jpg
http://4.bp.blogspot.com/_Zrd_lB3pUm...FYA/s320/3.jpg
http://4.bp.blogspot.com/_Zrd_lB3pUm...Oco/s320/2.jpg
http://2.bp.blogspot.com/_Zrd_lB3pUm...gGw/s320/1.jpg
Its stupidly simple, but it works.. So I don't mind =]
Basically - I trade pullbacks from channels after a breakout. I focus on tight stop loss, reasonable Risk:Reward ratio and pre-calculation of take profit. I don't use indicators nor trailing stop loss of any kind. I like 'Fire and forget' type of strategies - Enter and go back to sleep hahaha.
I will write a thorough guide later, with instructions of the exact place to enter, how to determine Stop Loss and Take Profit.
Meanwhile.. Enjoy these examples:
http://2.bp.blogspot.com/_Zrd_lB3pUm...Frw/s320/5.jpg
http://2.bp.blogspot.com/_Zrd_lB3pUm...MbE/s320/4.jpg
http://4.bp.blogspot.com/_Zrd_lB3pUm...FYA/s320/3.jpg
http://4.bp.blogspot.com/_Zrd_lB3pUm...Oco/s320/2.jpg
http://2.bp.blogspot.com/_Zrd_lB3pUm...gGw/s320/1.jpg
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