yeah starting at the beginning of the month I use my ccfp indicator to see which pairs are highlighted for trades in the excel spreadsheet. Then I look at the different indexes to confirm an entry.. If I get daily/weekly/monthly all in the same direction then I place the trade.
set a 100 pip stop and walk away for atleast 3 days checking periodically. A long term system like this needs time to build up your position. with 100 pip SL I need to lock atleast 100 before I can move my stop.
trading 2 lots on a micro account is 20 cents/pip so I'm risking $20 per trade if I get stopped out. The return I'm hoping for is atleast 2:1 so $40.. if more (hopefully more backtesting this system has amazing results) Doing some backtesting lots of trades take atleast a week or two to get to it's maximum potential.
set a 100 pip stop and walk away for atleast 3 days checking periodically. A long term system like this needs time to build up your position. with 100 pip SL I need to lock atleast 100 before I can move my stop.
trading 2 lots on a micro account is 20 cents/pip so I'm risking $20 per trade if I get stopped out. The return I'm hoping for is atleast 2:1 so $40.. if more (hopefully more backtesting this system has amazing results) Doing some backtesting lots of trades take atleast a week or two to get to it's maximum potential.