HELLO EVERYBODY,
ALL I WANT TALK ON IS ABOUT TRADING THE NEW.
Although I trade the Technical analyses too but I use News time to ADD to my profit.
You can always make profit from the news if you are not greedy type.
Before the news or 2 to 3 minutes to the news, open your platform PREFERABLE MT4.
Set both Buy and Sell stop order, with 10 pips away from the market price.
Your stop loss should be between 10 to15 pips this will depend on your account size, while your take profit. Should be between 15 to 30 pips.
Immediately one of the orders is taken cancel the second order.
Between 2 to 3 minutes, if the order is not taken please close both order… It means the news is not moving.
I want to stress that most of US News move well with usd/jpy and due to wipsaw 7 trades out of 10 is sure to make profits.
Please, try it on demo before live account… As you trade the system, you improve yourself on it.
Keep on making pips………………Best of luck.
ALL I WANT TALK ON IS ABOUT TRADING THE NEW.
Although I trade the Technical analyses too but I use News time to ADD to my profit.
You can always make profit from the news if you are not greedy type.
Before the news or 2 to 3 minutes to the news, open your platform PREFERABLE MT4.
Set both Buy and Sell stop order, with 10 pips away from the market price.
Your stop loss should be between 10 to15 pips this will depend on your account size, while your take profit. Should be between 15 to 30 pips.
Immediately one of the orders is taken cancel the second order.
Between 2 to 3 minutes, if the order is not taken please close both order… It means the news is not moving.
I want to stress that most of US News move well with usd/jpy and due to wipsaw 7 trades out of 10 is sure to make profits.
Please, try it on demo before live account… As you trade the system, you improve yourself on it.
Keep on making pips………………Best of luck.