I have been giving intraday Forex trading signals for more than 4 years. I have tested many strategies and I find that the Elliott Waves theory based strategy is the best one.
Type of strategy: Intraday trading.
Success chance of the signals: (60 - 70)%.
Simultaneity, 1-3 positions are open with totally maximum 3 lots .
Kind of system that i provide: Trending, Countertrending, Breakout, Trading range.
I use channels and fibonacci retracement sometimes.
I usually send signal at this period time: (06:00 - 17:00) GMT. sometimes all day before important news for any currency pairs.
1-20 signals weekly.
I usually open market orders. pending ones used rarely.
Elliott Waves with pivots, some oscillators and moving averages help me for better technical analysis to send the best intraday Forex trading signals.
I analyse the market in the rest time: after 00:00 GMT.
before sending signals, i will analyse the market again quickly.
Take Profit: 30 - 300 Pips.
Stop Loss: 30 - 300 Pips.
Maximum risk of every trade is 50%.
Maybe, i close some positions manually.
Rule:
I have one plan for money managemnet and account balance growth.
I always determine the lot size for one position by this formula:
Account Balance * 0.0002 = Lot Size
For example: my account balance is $2000 and i want to open one position. the lot size for it is 2000 * 0.0002 means 0.4 lot. you can use this formula for your account balance.
Please Note: use my intraday Forex trading signals if it's agreeable with your analysis.
Best Regards.
Fxew - intraday Forex trading signals
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