DislikedHi, Sriloba. You system looks great been following from the start. Going to test your wonderful system nex week. I wanted to ask, how long have you been trading this strategy and what the proximate profit can be gained? Sorry if you have answered these questions earlier in this thread. You may disregard these questions if you feel to. One more question. Is this system also applicable on low volatilaty time (I mean periods of time (summer))?Ignored
Every day since 4-5 years I used 3-4 strategies to trade in the session. When I scan the pair I also think which strategy best for that pair in a particular situation.
When I decide the pair fits with the strategy I stick only with the pair and the strategy until I get 24 pips gain for the daily objectif. I like to trade during the European session because the volatilaty is good for the strategy I use. In the consolidation mode I'm not advice you to waste time in the forex.
My daily objectif is +24 pips and that's it. But if you have time you can get 2 nice setup in the session with more than 24 pips
In the consolidation mode price trades around and on the middle channel.
Sai Ram
Being a fxtrader is not easy. Ones must working hard.