this trading style is using proven and relatively conservative methods for signals - under specific market conditions.
Having more than one position is a good way to take the intensity out of a trade, by having - as an example - different exit points at hand.
This strategy uses oscillators, pivot points and RSI extreme level indications, for example
Reversal patterns, hesitation patterns and breakout patterns are analysed as well.
I look look for trade that flow in any direction. While forex trading easily permits bi-directional trade, trading in the direction of the trend or against it is possible.
The major pairs are a more important part of the strategy than others.
Date Started
