No Brainer Stg

Hello all,

My name is Asaf and i`m new to Forex.
I started my learning curve by reading Babypips, some articles and a lot of posts on this wonderful site.

After some failures (On the demo of course), I decided that the best learning tool is to adopt a strategy, work on it, learning it, and eventually, going with it live.

I started on the j16 thread, but, I didn't understand what is going on...

SO, I decided to adopt the No brainer Str with their excellent PDF ebook that explains stuff..

I have some questions and I will start with the fundamental stuff:
1. I decided to open a demo account for 1000$ on Mini terms- every trade is 10K lot. And, I decided to risk on a trade only 3% of my account (30$+-). Now, i don't want to trade intra-day, only swing 1-3 days for now. but, the SL that I can make on this 30$ boundary (30 pips), don't allow me to do so because of the daily move of over 30 pips...

Thnx for you help

Just a thought there, but have you considered entering on say 1 or 5 min chart with a tight stop and holding longer according to say daily or 4hr trend?


Regards

Daniel

5 min is very very short...day trading stuff

First off nice job digging up a 4 month old dead thread.

Second, the 5 or even the 1 min chart can be used to enter any longer term trade but do so with a tighter stop.