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I use Elliott waves, corrective patterns, and multi-timeframe order-flow analysis. I usually trade all crosses between USD, GBP, JPY, AUD, NZD, CHF and CAD. If opportunity presents I trade XAGUSD as well. Trade execution time varies. Every trade has SL, TP but the ranges vary according to the TF of the trade.
Reward to risk ratio is a minimum of 1:1. Typical trade duration is >1 Day.
Identifying corrective patterns and more importantly if and when they are complete, is the key to success in this business.
Reward to risk ratio is a minimum of 1:1. Typical trade duration is >1 Day.
Identifying corrective patterns and more importantly if and when they are complete, is the key to success in this business.
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Trend correction is your friend
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