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adamp
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Bio:
Started buying stocks and fund shares 10 years ago. 3 years ago, I started trading Forex and CFDs.

Currently, I am trading forex only. EURUSD is my favorite pair.
Trading Style:
Daytrading EURUSD most of the time. On 3 monitors, I have 3 charts: daily, 1 hour, 15 minutes. Getting the big picture in daily, looking for support, resistance and 1-2-3s in 1 hour chart and entering trades in 15min chart. I don't use any indicators to enter trades, though I have 3 of them in my charts: 1. Moving average (200 SMA in daily and ~100 EMA in all other charts) 2. MACD in daily 3. RSI in daily I know that many traders worldwide use these indicators, so I watch them. But I don't decide entries based on them. I wait for pullbacks / corrections and enter into the direction of the current trend. Normaly, I don't hold a position longer than a few hours, only if I should catch a big move and have some pips safe already. Other instruments I use are fibonacci pivot points and inside & outside bars indicator. Those indicators don't give signals, but I pay close attention to them, to know that some actions might happen here...
Motto:
"The trend definitely IS your friend!"
Experience: 1-3 Years
Location:
Vouchers:
Registered: Sep 12 2009 at 23:39
Recent Posts All
In FXPRIMUS Dec 03 2010 at 15:34
In Fapturbo Sep 14 2009 at 21:18
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This user doesn't share any systems currently.
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