Hi everyone,
This is my new strategy. its a set and forget strategy.
Nowadays i like set and forget strategy coz i dont have to stare the monitor all day long.
here is the strategy.
Pair GBPUSD/ EURUSD
Or you can choose others pairs.
The strategy is:
1. Look at the daily open
2.From daily open price set a buy stop(+100 pips from daily open) and sell stop at (-100 pips from daily open) this one we can optimize it using 50 pips or 60 pips.
3.Then tomorrow do the same. and everyday do the same.
Then what we need to do is:
4.Close the position when you have accumulated X amount of dollars( example: 10 USD, or 100 USD depends on the lot you open).
Use the EA, or you can close manually(prefer EA that can close all the positions if it reached X amount of dollars)
5.If you are in minus do the same 1-3 steps everyday until you get the X amount and close it.
*Right money management is important.
#you can do on many pairs. and accumulated all the profit
Dont open the lot too big.
coz we need to open the positions everyday and accumulated the lot and the right amount of money then close it.
Any comments and improvements are appreciated!
You can test the strategy and we can discuss anything in here.
Hope you all profit!
and hope you all have a happy life!
This is my new strategy. its a set and forget strategy.
Nowadays i like set and forget strategy coz i dont have to stare the monitor all day long.
here is the strategy.
Pair GBPUSD/ EURUSD
Or you can choose others pairs.
The strategy is:
1. Look at the daily open
2.From daily open price set a buy stop(+100 pips from daily open) and sell stop at (-100 pips from daily open) this one we can optimize it using 50 pips or 60 pips.
3.Then tomorrow do the same. and everyday do the same.
Then what we need to do is:
4.Close the position when you have accumulated X amount of dollars( example: 10 USD, or 100 USD depends on the lot you open).
Use the EA, or you can close manually(prefer EA that can close all the positions if it reached X amount of dollars)
5.If you are in minus do the same 1-3 steps everyday until you get the X amount and close it.
*Right money management is important.
#you can do on many pairs. and accumulated all the profit
Dont open the lot too big.
coz we need to open the positions everyday and accumulated the lot and the right amount of money then close it.
Any comments and improvements are appreciated!
You can test the strategy and we can discuss anything in here.
Hope you all profit!
and hope you all have a happy life!
no comment.
