The new year offers space for new ideas and new systems.
In the new year, I will post another journal in parallel with my The little DAX does not want to sleep yet (. Of course, I hope it will be just as successful. But I also hope that I will stick to the strategy for a whole year. If it works, you will see.
It is a trading system that takes advantage of the morning weakness in the EURUSD. The functionality is explained quickly: As with my little-DAX strategy, this system uses the slope of a Daily SMA as a filter. If the filter condition is met, trading takes place 5 days a week at different times of the day, only short selling in the morning (GMT-time).
I trying to document each trade but at least weekly to give a summary.
It can get boring. But that's trading.
The trades are executed automatically. My NinjaTrader license runs on a Speedy VPS.
Risk management is done manually. But more on that later.
If everything works, the first trade starts on 02. Jan. 2019.