My explorer is based on taking small bites out of the crosses. I prefer trading pairs with tight spreads like the EUR/USD, but will try to grab some pips from crosses with wide spreads like the AUD/NZD. This is a rule based trading system and subjectivity is not a factor. There are a few pattern characteristics that must happen in order to make a trade. In order to make pips every day I have to monitor all the crosses as one pair may not meet the trade criteria for days. Another pair may make multiple set ups in a single day.
The goal with this demo account is to demonstrate a rule based trading system. There is no predictive process to these trades, they present themselves at any time. These trades are highly accurate and usually are very tight to the spread. I typically trade 1.5 lots but will pig pile a trade if it starts moving in my direction.
This is about trading for a living.
The goal with this demo account is to demonstrate a rule based trading system. There is no predictive process to these trades, they present themselves at any time. These trades are highly accurate and usually are very tight to the spread. I typically trade 1.5 lots but will pig pile a trade if it starts moving in my direction.
This is about trading for a living.