at heart i'm a break out/momentum/price exhaustion trader but i also anticipate orders. i only trade the gbp/usd. also only use a blank 5 minute chart sometimes i have lines at prices of interest, other than that bare naked chart. i only trade the london session sometimes ny depending on the data that is being released.
i run tight stops on all my trades they are no bigger than 15 points. and i move them to break even pretty quickly. i also usually aim for 30 points but will gun for more if momentum is on my side.
regards damien
i run tight stops on all my trades they are no bigger than 15 points. and i move them to break even pretty quickly. i also usually aim for 30 points but will gun for more if momentum is on my side.
regards damien