i m not a professional trader (nor do i claim to be) and i got nothing to sell or to gain by posting trades here. i opened this 200 euro demo account just to see if i can grow the mini account and over what period of time. i know many on this forum doubt that it can be done or that day trading is profitable over the long term.anyways, the trades that i ll take are exactly what i m trading in my real accounts, and therefore i d be treating this small demo account as if it was a real 1. my template consists in 2 EMAS< 14 and 50>(14ema mainly used for tests and trails and 50 ema as support, resist, confluence), volume(tick in this case as i m trading forex) and rsi 7 perioud only to spot divergence if any. i also have round numbers on my chart as i found that price is interacting very well with them and daily pivots.
My strategy is VSA(volume spread analysis) combined with divergence, basic support and resistance,fibs, pivots, areas of confluences. M ost of the entries will be done on 5 or 15 m chart after i ll establish a bias on higher timeframes.
2 other great resources that i ve found on babypips and that helped me consolidate my view are> How to read chart and Supply/Demand, VSA, Wyckoff with Petefader
again, i m not trying to advertise or create publicity, just what works in my humble opinion and what has helped me understand and put into practice some of the concepts.
i ll try to post the trades with some info on why i took the trade, why at that lvl, risk that i m willing to take and trade management. (this will help me keep track of what i m doing good or bad and see where i can improve).