Hi everyone
I utilize macd and moving average to exchange euro,gold,ym,and mild crude oil futures everyday since 12 years back.
Now my average pips in euro are 1000-1200 pips/month/one position
stoploss is consistently below 25 pips/per exchange
I choose to start a threat in FX factory
To disscuss euro day trading
If I get the signal rather than busy in other pairs,I will place my enter price here
or post today's trade to describe why I get in that trade,until take a break.
And there are some thing I want to stat first
Please do not ask me what're the macd number and ma number I use
it really isn't the stage
what I want to say is the way to trade by using differnt time frame
like 240m,120m,90m,60m,15m,10m,5m,3m,2m and 1m chart
the way to follow the trend but capture the significant tf's reversal poiont in small tf and affirm the reversal stage,the way to maintain your winning posture and let profits run.
How to put your stoploss,and the way to guard your position once you enter the trade,etc
that the most important thing is architecture.
If you really know these architectures,
you can use the appliion you comfortable with.
You can always grab the Major tf's reversal stage with very small stoploss
and reward/risk ratios are usually larger than five to ten
I will start it on monday
ps.i'm an old guy and do not undertant english at all
all articles will be translated and kind by one of my students
regards