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Old 26-02-2004, 17:53   #76
Livermore
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Re: Strategy

[quote]Originally posted by csaunders
[b]Hi Livermore,

You seem quite persistent in getting exactly out what strategy is being used by all here

As I stated I traded announcements exclusively before and now use both announcements and tecnical indicators - my favourite technical indicator at the moment is 1h 50 SMA for EURUSD . Support/resistance offered by this seems quite profitable (currently) - I also stick with the simple stuff - trend lines, formations (especially triangles, pendants etc) and Fibs.

For announcements - I see if any momentum gathers post an announcement - if so, I throw alot of money at it.

Quite simple huh?

PS - what exactly is your strategy?

hi cliff

I mostly trade announcements and other news. I just follow the flow (with a tight stop), and wait for a rebound.
I will try your indicator. Sounds very simple?
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