ProTrader
Forex Supporter
The system uses a 1 min chart on EURUSD Ive not tried it on other swaps
The basics are
Our risk reward is therefore 3:1
We can have 4 losers 1 winner in any given week and be down only 5% on the account
We can have 3 losers and 2 winners and be up 15% on the account
With proper money management you can do well with this strategy, don't forget to test it on demo first. :32 (36):
The basics are
- We identify the trend Euro open to UK open with a mechanical process
- We then use 2 indicators to judge the best time to enter
- We always risk 5% of the account as a stop loss
- We always set our TP to 3 times our stop loss
Our risk reward is therefore 3:1
We can have 4 losers 1 winner in any given week and be down only 5% on the account
We can have 3 losers and 2 winners and be up 15% on the account
With proper money management you can do well with this strategy, don't forget to test it on demo first. :32 (36):