Hi friends,
I am following price action strategy with TDI(Traders dynamic index ) which is Trading made simple on forex factory forum.
TDI is simple moving average 2 & simple moving average 7 of RSI 13, I am following cross over of TDI along with price action.
My time frame is H1
Preferred pair is EURAUD, EURJPY, USDJPY, EURUSD
Preferred session is London Open
I enter my trade once candle of franckfurt is closed at 12.30 PM(IST) and LO candle break hi or low of Frankfurt with confirmation of TDI.
MY initial SL & TP is 50 pips then I move my TP based on market condition if am available to plateform through mobile or computer otherwise I keep my SL & TP unchanged.
Please letus know if there is any query regarding this.
I will be posting with charts to have more understanding on this.
Thanks
Him
I am following price action strategy with TDI(Traders dynamic index ) which is Trading made simple on forex factory forum.
TDI is simple moving average 2 & simple moving average 7 of RSI 13, I am following cross over of TDI along with price action.
My time frame is H1
Preferred pair is EURAUD, EURJPY, USDJPY, EURUSD
Preferred session is London Open
I enter my trade once candle of franckfurt is closed at 12.30 PM(IST) and LO candle break hi or low of Frankfurt with confirmation of TDI.
MY initial SL & TP is 50 pips then I move my TP based on market condition if am available to plateform through mobile or computer otherwise I keep my SL & TP unchanged.
Please letus know if there is any query regarding this.
I will be posting with charts to have more understanding on this.
Thanks
Him