I have got to a point in my personal trading where i am trading profitably at a very consistent rate, so with this extra time i now have i wanted to do something a bit fun and you never know could discover something here.
Basically im going to show my son eurusd gpbusd and usdchf, ill ask him to stare at a 4 hr chart and simply say to me "UP OR DOWN" he starts with a $2000 account and all trades will be 0.10 value, again just to keep it nice simple and fun.
I will then set a 50 pip TP and 50 pip SL just to keep it simple.
So here goes, the 4 year old traders advice for today is!!!
EURUSD buy 1.2740
GPBUSD buy 1.6010
USDCHF buy 0.9429
yes he said up on all 3 of them, he seems very keen, so ive set the tp and sl in and i will report in as and when they lose or win, and get him to analyse some new trades on a daily basis.
Basically im going to show my son eurusd gpbusd and usdchf, ill ask him to stare at a 4 hr chart and simply say to me "UP OR DOWN" he starts with a $2000 account and all trades will be 0.10 value, again just to keep it nice simple and fun.
I will then set a 50 pip TP and 50 pip SL just to keep it simple.
So here goes, the 4 year old traders advice for today is!!!
EURUSD buy 1.2740
GPBUSD buy 1.6010
USDCHF buy 0.9429
yes he said up on all 3 of them, he seems very keen, so ive set the tp and sl in and i will report in as and when they lose or win, and get him to analyse some new trades on a daily basis.