Jump to content

Trade Strategies Worth Testing


Recommended Posts

Open thread for strategy suggestions. The '... worth testing' caveat is because all strategies need tweaking to suit individual preferences such as time frames, trading hours etc. Also 2 people reading the exact same text or watching the same video will often walk away with completely different ideas as to how to implement the info.

Starting with a short video explaining a simple session start breakout strategy, useful to know even if not employed this is seen in many guises with minor alterations eg the London Breakout Strategy, in this case the start of the Asian session is used for USDJPY. 

Simply put you create stop orders above and below the high and low of the first 1 hour bar of the session open, this keeps you out of the initial market open whipsaw and hopefully gets you entered for a range expansion move once one side has overpowered the other. Well worth a backtest on your preferred markets.

 

Edited by Caseynotes
  • Thought provoking 1
Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...