Some big moves in the markets today. NZD is proving strong and our strategy has presented a short trade on EURNZD pair.
Working the 30M time frame here to a 1:2 risk reward ratio. As with all my ideas the back test results can be found at the foot of the idea for trading the pair in this manner. Test results are from January 2020 to today, Stats are based on risking 1% capital per trade on a £1000 account.
Quick overview of the strategy in use.
The strategy is a trend based strategy. The inner workings of the strategy are 5 individual strategies rolled into one. Trades are only valid when all 5 confluences line up. At this point the trade presents on the chart. Alerts can be set and the the strategy can also be automated.
No excess time spent at the charts Adaptable strategy to suit your trading style. Works on any instrument and time frame.
Want too know more? Sure drop me a message and feel free to ask any questions.