My paper trades from yesterday were fantastic!
I made four trades:
GBP/USD at 1.57040 (BUY), with a profit of +223
AUD/USD at 1.05510 (BUY), with a profit of +34
USD/CAD at 1.00130 (SELL), with a profit of +84
Crude Oil at 104.86 (BUY), with a profit of +25
Total: +366
Not bad for a couple of guesses. If you`re wondering how I made this profit then I would say Fibonacci Retracements, Fibonacci Time Lines, Divergence, and Support/Resistance Levels. All of which helped me determine the price reversal of all four markets.
For today I`m looking more at the 15 minute timeframe, and searching for divergence with my momentum oscillators (CCI, RSI, MACD, and Momentum).
