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poormansystem (PM System)

  • #21
  • May 14, 2009 6:06pm May 14, 2009 6:06pm
PM system has been updated now!
Time Is Money
  • #22
  • Last Post: May 18, 2009 5:20pm May 18, 2009 5:20pm
Hi Everyone!

Today I managed to walk away with 51.5pips on a BUY trade EurUsd. It looked certain that the price was going to break the 200 MA and I managed to get into the market as it was about to do so.

I could have walked away with more than those pips but wouldnt risk for few pips and due to shortage of time, I couldnt stay infront of the screen all the time.

Again, I took the trade as all the indicators were in agreement. That was 18.25 GMT with a buy @ 1.35090 and closed it 22.56 GMT @ 1.35605

Use the 4min TF when getting into the market as that will show you a good resistance at the trend line and a confirmation candle closed and use the 10min TF to come out at overbought region>

Happy trading!
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Time Is Money
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