I specialize in day trading the Forex market using a combination of technical and fundamental analysis, with a focus on major currency pairs. Over the years, I have developed several strategies to identify short-term price movements, and I trade manually relying solely on my own technical analysis.
My trading system is based on identifying psychological support and resistance levels, and I usually open positions during the European session and occasionally during the American session. I carefully analyze market conditions to determine the number of trades to make each month.
To manage risk, I always use Stop Loss orders to protect each open position. I do not use risky strategies such as Martingale or grid of open positions.
My trading strategy typically generates a monthly profit of around 1-3% with minimal drawdown. Achieving consistent profits requires a combination of technical analysis and risk management techniques, which are key components of my trading approach.