8678211 eurusd very shortterm intraday swing trading - mostly, maybe
with shortterm swings (in the case of stronger trend).
For identification of intraday extreme I'll use intraday fibonacci levels, dinapoli levels,
with the help of camarilla intraday indicator (reversal intraday areas).
For confirmation of entry will use Stoch, RSI, and CCi (break of 100 line for confirmation).
For CCi identification will use Woodie LED CCi.
For general pressure direction will use Ichimoku Cloud (on H4 chart) and
MA indicator on m15 chart.
Will try to follow intraday market movings on eurusd in direction of those movings.
After false entry (breakouts) will revert in different direction (direction of general move)
with use of hedging and maybe (depend on sinchronisity of all indicators) will
double lotsize after false direction (hedging with double lotsize).
For indication of breakouts will use patterns (trendlines, triangles, gann, etc) and pivots, fibos etc.
If on market stronger larger trend starts, will maybe start to trade with combination
of trend following trading style (ichimoku cloud confirmed with delta matrix) and will add more positions after
any new wave (will use Elliot Wave in such case) on H4 chart and will trade in the same
time in both directions on M15 chart (intraday swings). So both of strategyes in the same time.
But depend on market situation.
I never use standard fixed stop and take profit levels. For stops will use
hedging or dynamic stops, dynamic take profits (function of price and time)
and taking profits or stops like suma result of many positions.
On this contest I will try to trade as much simple is possible because time is limited
here and can't placing positions for a months. So in general will try to trade
simple intraday swings only.
Investor Password: ol0sbfk
p.s. Wishing to all contestants best of luck and good final result.