Intro: I am using my personalized setup for trading. My charts are clean and easy to read.
This strategy is solely based on previous trading day's price action compared to todays price action. I do not need to analyze a lot before entering a trade but await trading signals, which are limited to 1 signal per day using the same time of the day. Naturally there are days with no valid trade signals.
The setup is based on staying in the position until there is a new trade signal in the opposite direction. I am using the 15 min. timeframe.
I am NOT using tight stop losses because I trust the setup (see details below). When the trade moves into profit, I will take partial profits but let a part of the position run until a new trading signal is received.
PRESENT STATS:
Total closed trades - 78
Percent profitable - 89.74%
Profit factor - 24.448
This not financial advise, I am simply sharing my trade setups so you can have a good laugh ;-)
This strategy is solely based on previous trading day's price action compared to todays price action. I do not need to analyze a lot before entering a trade but await trading signals, which are limited to 1 signal per day using the same time of the day. Naturally there are days with no valid trade signals.
The setup is based on staying in the position until there is a new trade signal in the opposite direction. I am using the 15 min. timeframe.
I am NOT using tight stop losses because I trust the setup (see details below). When the trade moves into profit, I will take partial profits but let a part of the position run until a new trading signal is received.
PRESENT STATS:
Total closed trades - 78
Percent profitable - 89.74%
Profit factor - 24.448
This not financial advise, I am simply sharing my trade setups so you can have a good laugh ;-)