Sunday, December 12, 2010

Forex SlingShot 30M Trading Strategy

The forex video's below describe the Slingshot 30 Min trading strategy. It is 100% mechanical and preferred currency pairs to trade are EUR/USD, GBP/USD, USD/CHF and USD/JPY

SlingShot strategy keynotes:
  • Currency Pairs: EUR/USD, GBP/USD, USD/CHF and USD/JPY
  • Time Frame: 30 Min
  • Chart Type: Bar chart
  • Trading Hours: 7:00 GMT to 20:00GMT
  • Avoid Trading: Non-Farm payroll days until 30 minutes after report is issued
  • Money Management : No more than 3% of trading capital per trade taken
  • Stop Loss: High or Low entry bar
  • Target: Close of entry bar

Next video shows forex slingshot trading strategy examples for the GBP, JPY and EUR. 


3 comments:

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