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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Helo I am Imron from Indonesia,
I am thinking of TP 30 and SL 20. And open 10 pairs. Let say from 10 pair, 6 profit and 4 losses we will still get profit. Or even 4 profit and 6 we will still not loss (BEP)
Any one has test this Idea?
If you put a buy and sell at the market order at 00:00gmt (non usa broker) with a tp of 10pips you will win on both sides ALMOST every time since the daily prices move up and down the whole day. there are a few days like today on EUR/USD where the market opened and NEVER went down. that would be the only weakness to my version and a mental stop loss comes into play.
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
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
I'm sure many visit this page, not many leave feedback.. You can share, the feedback will come.
Thomas
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 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.
Hi, Could you please clarify your strategy a little...
Thanks,
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