This is my trading system and consistently giving me profits.
I will not post old charts to show its performance but will do live updates from now onward. This system will not give u big profits but surely give u consistent profits.
1. Trade in direction (200EMA on 15Min, 1Hr & 4 Hr are align.)
2. Open trade at levels of Daily Pivot / Support / Ristance / 200EMA(15Min,1Hr, 4Hr, Daily). Seek confirmation by Synergy PT indicator.
3. Set TP to next level of Support / Resistance / 200EMA200EMA(15Min,1Hr, 4Hr, Daily) which ever comes first. Atleast 10 pips + spread.
4. Set SL to last high or low on 15Min + 5 pips.
5. Based on SL select Lot Size (risk 2% of equity).
6. TP and SL should be atleast 1:1.
I will not post old charts to show its performance but will do live updates from now onward. This system will not give u big profits but surely give u consistent profits.
1. Trade in direction (200EMA on 15Min, 1Hr & 4 Hr are align.)
2. Open trade at levels of Daily Pivot / Support / Ristance / 200EMA(15Min,1Hr, 4Hr, Daily). Seek confirmation by Synergy PT indicator.
3. Set TP to next level of Support / Resistance / 200EMA200EMA(15Min,1Hr, 4Hr, Daily) which ever comes first. Atleast 10 pips + spread.
4. Set SL to last high or low on 15Min + 5 pips.
5. Based on SL select Lot Size (risk 2% of equity).
6. TP and SL should be atleast 1:1.
