The Forex Snapback Trading System
Taking A Look At A Profitable Forex Day Trading Strategy
This video shows a pretty accurate trading system called forex trend snapback. The chart in the video is the EUR/USD pair on a 5-minute candlestick chart, so this would definitely fall into the category of day trading.
One of the good rules that the author of this video states (and this applies regardless of whether or not you are applying their specific strategy) is that your winning trades should be making at least 1.5 times as much as your losing trades, otherwise you are doing something wrong.
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