Forex SlingShot 30M Trading Strategy

Written by Martin Alexander

The forex video's below describe the Slingshot 30 Min trading strategy. It is 100% mechanical and preferred currency pairs to trade are EUR/USD, GBP/USD, USD/CHF and USD/JPY

SlingShot strategy keynotes:

Currency Pairs: EUR/USD, GBP/USD, USD/CHF and USD/JPY
Time Frame: 30 Min
Chart Type: Bar chart
Trading Hours: 7:00 GMT to 20:00GMT
Avoid Trading: Non-Farm payroll days until 30 minutes after report is issued
Money Management : No more than 3% of trading capital per trade taken
Stop Loss: High or Low entry bar
Target: Close of entry bar

Next video shows forex slingshot trading strategy examples for the GBP, JPY and EUR.

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Risk Disclosure: Trading forex on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.