Without getting too technical on lot sizes for forex and contract sizes for futures contracts. The fact remains that the Forex EURUSD pair and be traded with the futures 6E contract. I personally trade futures rather than forex as I can trade either the Futures Emini contract 6E. Or, if the risk is too large between entry and stop using our Roller Coaster...
Yesterday I made a short video discussing how we were going to trade the USDPY currency pair using our Elliott Wave and Roller COaster Indicator Suites for the TradingView Platform. Link to yesterday video is >>HERE<< This is a follow video to show how well this USDJPY Forex Pair is behaving and the resulting Long Trade that we are in!
The RSI rollercoaster in my opinion is one of the safest trading strategies, because combines a clever use of the stop-loss at points that guarantee receiving a good percentage in profit. It is particularly good when you do middle term trading, and you have regular jobs which impede being in front of the charts regularly. Nevertheless there is one situation about...