This diary is for me and my different ideas. 1 thing will always stay constant in this diary, which is I will always place my transactions. Everything else; such as my approach is subject to change.
I have thought up a new egy that interests me greatly because:
1) It keeps most transactions INTRAday meaning that I enter at around open and depart at around close for almost all transactions. For all those of you that do not understand mepersonally, this is a big deal because I typically always carry trades for a while.
2) It seems to outperform whatever (such as BB) I have thought of to this point in time
3) I will most likely trade just 2-3 MAYBE 4 pairs
Therefore, I will be using this procedure to start with, until I think of something BETTER. According to backtests, I must be right about 60 percent of the time, so adjust your risk accordingly.
ALSO,
I invite this thread to be a discussion of EVERYONE'S trades. I WANT there to be debate about possible trading opportunities, and I WANT there to be help for everyone!
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