Introdusing myself

[Fluifttafroft]

hiya everyone!
was looking for something and i came across you guys. nice comunity u got here, I wanna be a part of it ^^

[CerKeedsGet]

Hi There Guys,

Just thought i would say Hi

Karen

[Accuchrunda]

Hi dear Members
it is my Easy forex Trading sysetm:

GBP/USD

At 5PM EST:
1: Close out any open positions
2: Cancle any unexecuted orders
3: Set an Entry Buy order 1 pip above previous high
4: Set an Entry Sell order 1 pip below pevious low
5: Set stops and limits using the following guidelines:

50 pip profit target, 25pip stoploss if ADR ABOVE200
40pip profit target, 20stoploss if ADR BETWESN 175 and 199
30pip proit target, 15stoploss if ADRBELOW 175

Do no trade if ADR is below 100

How to calculate ADR
It may be easiest to use an excel spread sheet for this.
Take the H/L for each day, for the past 14 days.
For each day list the amount of pip's between the H and L
Example. H = 1.5623 L = 1.5586
5623 - 5486 = 137
Addd the total amount of pip's for all 14 days and divide it by 14.
This wijll give you the average daily range.

Average pips: +250 - +300 per month.
Max drawdown since 2008:175 pips.

Have more profits. Best regards.

[JefffreyMcBride]

I'm known as Jeffrey & very tickled to be involved in this community.

[dstar1230]

hi there,welcome to this forum