Swing trading / medium term SMA trading system: 4H time frame.
Stops initially at supply and demand market levels.
Indicators: Candle sticks, SMA en MACD -- standard settings.
The system looks for trending pairs.
I am a technical trader. However, I will closely monitor fundamental economic data.
I trade for a living, so each trade is taken with confidence and assessed well before entry using my SMA trading system.
The initial stops in the system can be relatively wide, but the target I have in mind respects a minimum risk-reward ratio of 1/2. However, a trade can be closed earlier if market conditions change.
Date Started
