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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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