This signal is based on my Luminous strategy. Trade will be short term or long term trade. I recommend minimum account of $3000 with maximum 3 lots.
I will concentrate on GBPJPY, GBPUSD, EURJPY and EURUSD. Number of lots will depend on market conditions and the strength of the signal.
I provide trending and counter trending system and usually I start watch the market every 6 am (GMT +8). I'm not sure how often because again its depend on the market. I always trade on market orders.
I used few basic indicators and never watch news. I watch multiple time frame. I used moving average to analyze the market. For me these indicators really help me a lot as I believe simple is better.
I enter market and close positions when these indicators valid for me to enter and close signal. I sometime used fixed Take-profit as low as 20-30 pips and sometime I move my stop-loss to positive position to get more pips or keep it run.
As I mentioned earlier I will only trade on maximum of 3 lots with $3000 initial deposit. My maximum SL is -100 pips but I recommend you to risk not more than 3% of your account. This signal can be use by any type of traders. Remember, sometime we get profit very quick but sometime it will take longer time and may cause negative positions. Never close too early.
The best thing about this strategy is, I never predict.
Luminous - market trade
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