This title came about when I stumble upon a book: 'The Clipper Ship Strategy: For Success in Your Career, Business and Investments' by Richard Maybury.
I am an automated forex trader and strategy programmer. Yes I trade my own forex strategy written by myself from scratch. I also trade the Singapore stock market occasionally when the opportunity presents itself.
This blog hopes to educate traders not investors.
This is a MACD divergence setup. 1 dollar shows support. Stop loss at 0.99. Quick target at 1.13. Meaning if it reaches it in 2 days time, I will take the quick profit. Otherwise I will exit via price action on the daily chart.