Collective2

THIS IS THE MEDIUM TERM SWING TRADING STRATEGY.

This is not a robot. All signals are generated by manually analyzing both technical and fundamental factors. I always limiting losses and let to run profits to maximum. So Win ratio will not be high.

My Trading Hours: 23:00 EST to 14.00 EST

Trading Currencies :USD Group: EUR/USD, GBP/USD, USD/CHF
JPY Group: USD/JPY, EUR/JPY and GBP/JPY

Average No of Trades Per Weak: 1 - 3 Trades

Average Trading days of a Lot : Less than a week

Stop Loss Limits : Less than 200 Pips

Default $ Needed to Trade a Lot :$1000 (If it is $10 000 Account.Adjust proportionately if you trade different account size.)

Default No.of Lots Traded :3 Lots Per Trade in a currency group but Maximum 6 lots can be traded in both USD snd JPY Group concurrently.(But not more than 3 lots are traded in one currency group)

You can trade more than 3 lots too if you have enough funds. but it must be as follows:
Remember my default trade involves 3 lots.so if you want to trade more lots then you must increase the lot size by 3.
such as 3,6,9,12... so on.

Target Prices:
Default No.of Lots Traded :3 Lots Per Trade (It can be all 3 lots in one pair or can be diversified among 2 or 3 pairs in particular currency group)

Target Price:
I divide my targets into 3 groups (As you know my default trade consists of 3 lots)

1st target group: 80-140 Pips
1 lot if you trade 3 lots or 1/3 of the lots if you trade more than 3 lots.(e.g: If you trade 9 lots, then 1st target will be set to 3 lots)

2nd target group: 180-220 Pips
Next 1 lot or next 1/3 of the lots.

3rd target group is final 1 lot/balance 1/3 of the lots.
It is kept open. I will close it manually.
This lot is intended to catch the big price movements.
I will stay with a trend until It reverses.

Good Luck,
SuperModerateTrader