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
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I think we need some adjustment for the Risk & Reward...well, here is my idea...
i dont get what you are trying to say here:
"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"
could you explain?
Hi guys this very interesting discussions,i think i have burst my idea more on trading forex,plz guys,am really new in the system,i will appreciate it anyone can post to me any stratagies that will help,because i av been trading making profit nd losses at de same time, my email is:fomsondudu(at)gistme.com, thnks........ D O'brian
Hi Steve,
Thanks for sharing this great strategy!
Cheers
Milan
hI EVERYONE MY NAME IS SAM AND I'M LEARNING HOW TO FOREX, ITS EXCITING. I REALLY NEED SOM TRADING ADVICE OR TIPS HOW TO START.
THANKS
SAM
Good strategy, what most of you don't realise is that there are days you will make double profit which will in turn make up for the loss. I do 20 target profit and 40 stop loss
You can start anywhere, from any topic.
I'd open a demo account with any Forex broker, and take a first look at charts. As questions pop up in your head as to how to trade it, what to look for - search it online. Bit-by-bit you'll be gaining the knowledge that will help you to navigate though tons of forex information with ease after few weeks.
Bryan
Hello Guys, I'm no expert but how about setting a buy order 30pips from the open price with a stop loss using the previous days low and target the previous days high as your profit target? And vice versa for the sell..
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