Hi guys
Firstly sorry for my bad english I only Managed a C in GCSE English. I did manage to a A* in maths though
Ok simple system which may actually see you have open positions for > 1 year.
Entry
Currency 1 decides to lower it's interest rate.
At there next meeting Currency 2 decided to raise there interest rate.
This happened most recently on the AUDUSD. USD lowered AUD raised. This was the signal to buy the AUDUSD. If the reverse had happened you would sell AUDUSD.
SL 1000 pips
TP 3000 pips
Earning interest is the cherry.
If the currencies decided to reverse there interest decisions i.e move to lower to raise or from raise to lower. Close positions.
This system isn't in anyway new. If I knew who the original creator of the system was I would give them credit here.
Firstly sorry for my bad english I only Managed a C in GCSE English. I did manage to a A* in maths though
Ok simple system which may actually see you have open positions for > 1 year.
Entry
Currency 1 decides to lower it's interest rate.
At there next meeting Currency 2 decided to raise there interest rate.
This happened most recently on the AUDUSD. USD lowered AUD raised. This was the signal to buy the AUDUSD. If the reverse had happened you would sell AUDUSD.
SL 1000 pips
TP 3000 pips
Earning interest is the cherry.
If the currencies decided to reverse there interest decisions i.e move to lower to raise or from raise to lower. Close positions.
This system isn't in anyway new. If I knew who the original creator of the system was I would give them credit here.