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New Trading strategy
I have just started trading recently and the strategy that worked best for me was trying to predict very short term with a mix of fundamentals and technical indicators, Fibonacci and MACD being my favorites. Eyeball the very short term 5-min 1 day chart to get a feel for where the oscillating 'price wave' will move in the next few minutes-half hour.
Once you see a signal for reversal, try to estimate whether the move would be potentially larger than the bid/ask spread. Then, buy in, set the limit 3-5 pip above the break/even price (or below, if you are shorting). Use max leverage so that you get a decent return for your effort.
This strategy is pretty laborious, and you might end up doing 20-30 trades within few hours, each lasting 5 mins-2 hours.
Disclaimer: this strategy has only 3 days of 'track record', which is nothing for markets, but it yielded handsome returns so far.
Happy trading.
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