Additional Trading Strategies Employed In The Chat Room
There are other strategies discussed and used in the chat room and also a few additions to the main strategy. Here is a rundown of them:
The ALF Trade
This trading strategy is used by one of the more experienced traders in the room. It is similar to the M15-Swinger trades. Place the the ALF indicator on your chart. Leave the default setting of the indicator as they are.
- A break and close above/below the ALF line is the setup bar.
- Enter when price breaks the high/low of the setup candle if you have stochastic agreement.
- Look to take about 15 pips.
Big E's "5 Method" and "21/233 method"
This is another strategy Big E uses that is discussed in the forexfactory thread. Click the link below for more information.
Big E's '5 Method' and '21/233 Method'
Big E's '5 Method' and '21/233 Method'
