Looking at the below two charts I see a total of 28 trades:
13 winners
15 losers
Here is the twist; All of my winners went for 70 pips, my losers for only 30 pips. 460 pips in 14 trading days.
ENTRY:
-During the first few seconds of the London's opening set two orders, one Long and one Short with the same size, using a SL of 30 pips (I only risk max 2% of portfolio per trade).
-Set both TP's to 70 pips
-Leave your computer and do something else!
Note:
-This system works best on non-major pairs. EU, EG, GU, UC tend to be a bit to volatile for this system.
-You will lose at least one trade every single day! get used to it, it is part of the system!
Losing 4 of 6 trades would still put you ahead by 20 pips (4*-30 = -120 pips & 2*70= 140pips).
13 winners
15 losers
Here is the twist; All of my winners went for 70 pips, my losers for only 30 pips. 460 pips in 14 trading days.
ENTRY:
-During the first few seconds of the London's opening set two orders, one Long and one Short with the same size, using a SL of 30 pips (I only risk max 2% of portfolio per trade).
-Set both TP's to 70 pips
-Leave your computer and do something else!
Note:
-This system works best on non-major pairs. EU, EG, GU, UC tend to be a bit to volatile for this system.
-You will lose at least one trade every single day! get used to it, it is part of the system!
Losing 4 of 6 trades would still put you ahead by 20 pips (4*-30 = -120 pips & 2*70= 140pips).
When trading: "Empty your mind, be formless. Shapeless, like water."