The W.O.R.M. Rules:
Trade the Pound only.
Wait for the first 18 hours to pass.
Place a buy order just above the range high and a sell just below the low.
TP 100
SL 50
If stopped out, replace the triggered order and wait.
If reactivated, trade exactly as before.
Quit for the week if stopped out a second time.
Quit for the week as soon as TP is hit.
Do not move the TP or SL.
Close any open orders after weekly close.
Monday 8/1/2007
Buy order hit at 1.9354
TP hit at 1.9454. Week over on Tuesday.
2007 Profits: 100 pips
Trade the Pound only.
Wait for the first 18 hours to pass.
Place a buy order just above the range high and a sell just below the low.
TP 100
SL 50
If stopped out, replace the triggered order and wait.
If reactivated, trade exactly as before.
Quit for the week if stopped out a second time.
Quit for the week as soon as TP is hit.
Do not move the TP or SL.
Close any open orders after weekly close.
Monday 8/1/2007
Buy order hit at 1.9354
TP hit at 1.9454. Week over on Tuesday.
2007 Profits: 100 pips