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FOREX PROFIT v.2

trading strategy forex trading (trading system) PROFIT v.2

Recommended currency pair to trade on the trading system - GBP / USD (as is vysokovolantilnoy). Trade is conducted on every lot 0.1 $ 400 deposit *.

* - Open a trading account forex only recommended brokerage companies Forex , since These companies really checked on my personal deposits (each has its pros and cons, but they all return the money and they have fewer problems in the trade).

essence of trading strategies Forex PROFIT v.2:

At 10:30 am Moscow time (ie, the opening session of 30 minutes evroperskoy) expose the 2 pending orders:

1) BuyStop - the maximum value of the price (one item) of the day.

Stop-Loss set at the minimum price (-1 point) for the current day.

Take-Profit is defined as follows:

build Fibonacci lines from the maximum value of the current trading price of the day to a minimum price of the current trading day (at 10.30 am) and take as a goal Take-Profit -value and price Fibonacci lines 161.8% on the current constructions.

2) SellStop set at the minimum price (-1 point) of the current trading day.

StopLoss set the maximum price value (1 point) of the current trading day.

Take Profit is defined as follows: We stretch Fibonacci lines from the minimum value of the current trading price of the day to a maximum value of the current trading price of the day (at 10:30 am)

and take as Take-Profit -value pricing and Fibonacci lines 161.8% on the current constructions.

If the position is not closed till 00:00 Moscow time - close it.

All pending orders are not (not open) is removed.

If the setup of trade orders, at 10:30 maximum price equal to the current value of the price or minimum price of the current trading day, then put a pending order at the minimum possible distance from the current market price (depending on selected broker - this is usually 10.3 points), or waiting rollback, and only then set the order, or just open a trading position "with hands" in the current market price.

If at the time of placing pending orders, at 10:30, the difference between the prices of the minimum to the maximum price a lot more 50 - 70 points (ie, the movement is defined as "strong") , then this day do not sell at all or are trading with the trend with Take Profit-ohm 20 - 30 points.

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