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<p style="text-align: center;"><span style="font-size: 18pt;"><strong><u>TRADE STYLES 2018:</u></strong></span></p>
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<span style="font-size: 14pt;"><strong>FLASH TRADES (FT):</strong></span>
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</u>Simply put, these are mainly opportunist trades in LIVE market conditions. These trades are usually based off economic news data releases or, based off a pullback strategy or a GIMME10 strategy.

TRADE STYLE GOAL: is to either take 10-30 pips or see a sufficient move to place a protective stop in place to see if a swing trade develops.

TARGET AUDIENCE: FLASH TRADES are realistically for traders with very short-term trading horizons. They are called FLASH because I see these as quick directional trades, although, should the momentum keep moving these trades in my trading direction they will remain in play as swing trades could develop.

You will however notice that I will move stops to maintain profits and protect profits. It is rare that I hold onto these trades for more than a day. The usual life span is minutes rather than hours. In my opinion, traders need to be very active to participate with these trade set-ups.

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<span style="font-size: 14pt;"><strong>RADAR TRADES (RT):</strong></span></u><u></u>

Essentially Day Trades than I hope will become Swing Trades. These are pre-meditated LIMIT ORDER entry trades set from either Fibonacci levels, pivot points or previous support and resistance levels based off a combination of horizontal or trend line support or resistance. In addition, sometimes chart patterns will help provide either a reason for or support for a trade set up being posted.

TRADE STYLE GOAL: if market conditions apply allow the trade to gather traction and develop into a swing or even a longer-term POSITION trade.

TARGET AUDIENCE: RADAR TRADES are realistically designed and more suitable to day traders, or traders with a shorter time framed horizon with open trades. In my opinion traders need to be active to participate in these trade set-ups.

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<span style="font-size: 14pt;"><strong><u>MOMENTUM TRADES (MOM):</u></strong></span>

These are 100% either “BUY or SELL STOP ORDERS”, they are LIMIT ORDER entries but they are more often than position at the conclusion of a prior move in a currency pair. More often than not 90% of the time they will be posted at the end of a trading day, week or month.

They offer an opportunity if triggered to capture pips in the Asian and European sessions based upon the time of the day the trades will be posted.

They do have greater RISK attached to them on the basis the entry is based mainly on just the end of a move. Not a Fibonacci level, or pivot point, at best I hope to strengthen the proposed entry with a previous level of horizontal support or resistance. They are mostly reversal trades.

TRADE STYLE GOAL: Whilst these trade set ups could be described as opportunist if strengthened by prior levels of interest where buyers and sellers have fought for control, it is possible for these trades to develop into swing trades. When trading with MOMENTUM, and maybe coupled with a sentiment shift the moves can be very powerful.

TARGET AUDIENCE: MOMENTUM TRADES do have a higher degree of RISK associated with them. They are separated so that subscribers can decide whether to take the extra RISK or not. These trades will normally be posted at the close of the trading day and could be attractive to Asian traders as the potential for a reversal may be more opportunist in a new trading session.

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<span style="font-size: 14pt;"><strong>FUNDAMENTAL TRADES (FUN):</strong></span></u>

These are LIMIT ORDER entry trades using either buy/sell stop/limit entries to enter the trade. The best way to describe these trades is that they are longer-term perspective trades than RADAR TRADES but not with as longer a term horizon as a POSITION trade.

They are based off my longer-term FUNDAMENTAL views on a currency. Stops are based upon resistance / support levels, using chart patterns and Fibonacci levels to determine both entry and exit levels. They can be multiple position trades, although POSITION trades are my primary trade style for this approach.

TARGET AUDIENCE: FUNDAMENTAL TRADES are realistically targeted for traders with a longer-term trading horizon. These trades would also suit traders who have a limited access to check the status of their trades during the day.

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<span style="font-size: 14pt;"><strong><u>POSITION TRADES (POS):</u></strong></span>

These trade set-ups are intended to have a longer-term trading perspective. Being frank, this goal has NEVER really worked so far. I have been too pre-occupied with the market sentiment shifts and not allowed these trades to progress.

In 2018, these will be of a longer-term duration and a great deal of previous POSITION trading will now become FUNDAMENTAL moving forward.

These trades are not only targeted at traders who consider they are part-time Forex traders; obviously, all traders can of course take advantage. (My definition of a part-time trader is one who is only able to look at their computer screens, or, mobile devices to check trades two or three times a day).

These trades are initiated via LIMIT ORDERS, when on a stop or limit basis.

A key feature of these set-ups is that they have much wider than normal stops to allow for market swings and volatility. The trades therefore have a smaller position size to allow for the swings in volatility, but multiple trades in the same currency pair are added when the core trade has gained traction in the desired direction.

This last point above is VERY IMPORTANT TO NOTE. My stops in 2018 could be as much as Monthly Average True Ranges (ATR's). The contingent Liability RISK associated with these trades may be too high if you operate a small balanced broker account.

TRADE STYLE GOAL: is to have multiple trades open/live at any one time and maybe 2/3 open/live trades with the same currency pair. I will of course suggest taking some profits as the trade matures, but hopefully at the same time letting trades run as far as possible.

TARGET AUDIENCE: POSITION TRADES, these trades were initially launched for those traders who like to hold positions for weeks, even months, and for traders who do NOT want to sit in front of their screens 24 x 7. These trades suit the PART-TIME trader who can only check their trades on twitter alerts two or three times a day or are only able to look at their computer screens only a few times a day.

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<span style="text-decoration: underline;"><span style="font-size: 14pt;"><strong>ANTICIPTED TRADE STYLE PENTRATION 2018:</strong></span></span>

FLASH TRADES (FT):
RADAR TRADES (R:
MOMENTUM TRADES:
FUNDAMENTAL TRADES:
POSITION TRADES:

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Scott Pickering
The Pip Accumulator
1st January 2018
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