Rules :
- Sell as near as possible with Highest (less than 10 pips) and Buy as near as possible with lowest (less than 10 pips) in TF H1.
- No entry if there is news
- Just entry from after London close until before Newyork open.
Note :
- I only risk for about 80% of my total deposit.
- Now, I plan to have sample size for 40 times entry with +/- 80% of deposit, but maybe in the future I'll try to Increase or decrease my sample size.
- My TP 5 pips and SL 20 pips.
If I have $100 I just would like risk for about $80. Because I want trade 40 times with $80 and my SL 20 pips per entry so I use 0.01 lot per entry. If I trade 40x and all profit I will get less or same with $20, if I trade 40x and all loss I still have less or same $20 in my balance. I just get BEP if I Loss 8 Times (out of 40)
We have to be rigid in our rules and flexible in our expectations
