Hello,
A system with high Reward Risk Ratio is really a tough job. Here I designed a system with Reward Risk Ratio 3 or above confining my SL within 15-20 pips for major pairs AU EU GU NU and 15-25 pips for JPY related pairs.
This is a complete technical based system. Hard SL, predefined TP. Main target is to maintain high Reward Risk ratio, the holy grail of trading.
Time Zone of Trading: UK of course.
I use here "key" support resistance where currency goes in opposite direction. This is kind of tricky system I can't say all here due to market makers are active to destroy your profitable system. Time frame is any. May be it is day, week or monthly or lower TF. But I get moderate signals in this way. I trade only some pairs with this system. AU EU GU NU UJ EJ GJ. My money management is simple at a time 2% risk of my portfolio expecting 6% or more from this risk. You can increase the risk as I am confident about my system. Monthly target is 10-15% or more. Wish you a good success in my system.
Some principles are defined here:http://www.forexswings.com/
Regards
A system with high Reward Risk Ratio is really a tough job. Here I designed a system with Reward Risk Ratio 3 or above confining my SL within 15-20 pips for major pairs AU EU GU NU and 15-25 pips for JPY related pairs.
This is a complete technical based system. Hard SL, predefined TP. Main target is to maintain high Reward Risk ratio, the holy grail of trading.
Time Zone of Trading: UK of course.
I use here "key" support resistance where currency goes in opposite direction. This is kind of tricky system I can't say all here due to market makers are active to destroy your profitable system. Time frame is any. May be it is day, week or monthly or lower TF. But I get moderate signals in this way. I trade only some pairs with this system. AU EU GU NU UJ EJ GJ. My money management is simple at a time 2% risk of my portfolio expecting 6% or more from this risk. You can increase the risk as I am confident about my system. Monthly target is 10-15% or more. Wish you a good success in my system.
Some principles are defined here:http://www.forexswings.com/
Regards