Hi friends, There is nothing new to my strategy. But I'll try my best to add some value to my presence in our team. I'm participating not just only to win but also to get good experience.
My Account details are as follows:
In Which Currency Pairs I'll Trade?
I basically trade in most of the pairs. Depends on fundamentals and good price level I would decide which pair is perfect for trading at that moment. So here I don't want to specify any particular type of currency pairs.
I'll trade mainly on major pairs which have low spreads (Eg. EU, GU, UJ etc.) I like some other pairs too which are very volatile in nature and have greater chances to give more pips aka profit. (Eg. EJ, GJ, GBP/NZD etc.)
Any Metal is there?
Gold is also in the list.
What is My Strategy?
I truly believe in support and resistance level. I would like to draw line on these levels to open trades.
Candle stick pattern with price action would definitely help me to open any trades. However I would like to wait for a good confirmation before entering to the market.
Fundamentals are very important for me. I'll always like to follow fundamentals so that I can get more out of it (I mean profit ).
My target will be small so that I can make quick profit. Sometimes I'll do scalping in high volatile market. 10 to 20 pips will be seen more in my trades.
At last I want to say that I'm very glad to be a part of this contest. I'll try my best to keep my level up. I'll not let my trades give any negative impacts on our team. Though I consider myself as a newbie. This is my first trading contest in mt5 forum.
This contest is unique in itself. Because it is more as a team contest rather than individual contest. I hope I'll get good suggestions from our team mates.
Looking forward for the contest to start soon.
Wish me luck!