Forex trading strategy #15 (10 pips a Day)
Submitted by User on April 13, 2009 - 13:50.
Submitted by Steve
HELLO TRADERS,
AM NEW TO THIS WEBSITE AND DECIDE TO POST MY PERSONAL SYSTEM.
IT HAS BEEN MAKING ME STEADY PROFIT BUT SOMETIMES WHEN AM LATE IN THE MARKET I DON'T MAKE ANY THING AND THATS WHY AM HERE SO THAT I CAN GET HELP URGENTLY.
THE SYSTEM:
TIME FRAME:DAILY
NO INDICATORS
CURRENCY: ALL
STRATEGY:
IMMEDIATELY AFTER THE OPEN OF A NEW CANDLE STICK FOR A NEW DAY
I PLACE BUY STOP 30PIPS ADDED TO THE OPEN PRICE
PLACE SELL STOP 30PIPS MINUS FROM THE OPEN PRICE
STOP LOSS 50 PIPS
TAKE PROFIT 10
PLEASE CHECK THE HISTORY ON DAILY CHART SO FAR AND DISCOVER WHAT AM TALKING ABOUT, I FOUND THIS SYSTEM AND I USED IT PERSONALLY AND HAVE BEEN MAKING 10 PIPS AND MORE EACH DAY.
THE WEAKNESS IN THIS SYSTEM:
IF YOU DON'T PLACE TRADE EARLY ON TIME U WILL MISS THE OPPORTUNITY
THIS WHERE I NEED ASSISTANCE FROM THE MEMBERS IN THIS FORUM TO CREATE AND EA FOR ME BASED ON THIS SYSTEM .
PLEASE I REALLY NEED YOUR HELP, PLEASE HELP ME
FOR MORE CONTACT EMAIL:[email protected]
I DON'T MIND IF EVERY ONE WILL DEMO TRADE WITH ME ON THIS SYSTEM AND ALSO POST RESULTS.
THANKS
STEVE
Edward Revy,
http://forex-strategies-revealed.com/
Copyright © Forex Strategies Revealed
Why not add an ADX indicator to your system. It really helps to identify
strong trends, etc.
It is wonderful strategy. It takes a bit of the market every day and that could accumulate to a big profit as months roll by. Thanks Steve.
i will try this one then post a comnet
I use oco orders on H4 and I buy a 10pip break of the high on previous candle for 50pip tp or sell 10pip below the low the previous candle. Ok I have an EA do it but zoom in on h4 and look at the break's above and below try it. Its only failed once so far last month.
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hello user.
can you tell me more about your strategie?
steve
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profitable strategy, hope to use it on live account very soon.
THANX STEVE
John, from Kenya
hello user.
can you tell me more about your strategie?
steve
hi, I add martingale and work well, thanks.
I use oco orders on H4 and I buy a 10pip break of the high on previous candle for 50pip tp or sell 10pip below the low the previous candle. Ok I have an EA do it but zoom in on h4 and look at the break's above and below try it. Its only failed once so far last month.
Do this with a very small percentage of your account on many pairs and never use a SL. In fact, enter to any direction at a one second glance at the chart on 1H TF. It will eventually come back and hit your profit target 99.9% of the time no matter how far it has travelled infavorably.
Hi, Could you please clarify your strategy a little...
Thanks,
I am going to give this strategy a shot seems pretty good getting good results so far
Do this with a very small percentage of your account on many pairs and never use a SL. In fact, enter to any direction at a one second glance at the chart on 1H TF. It will eventually come back and hit your profit target 99.9% of the time no matter how far it has travelled infavorably.
I tried it for 8 months; never had a loser!
I'm sure many visit this page, not many leave feedback.. You can share, the feedback will come.
Thomas
Is anyone still reading or using the 10 pip stategy so I know this page is still active?
Please reply A.S.A.P
So I can post my testing results and get some feedback on it
Hi i have a question. Do we cancel one of the trades once the other one has been triggered or once the profit has been hit
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