I have couple new costumers. They do struggling to make Entries and Hold Trades. I'll remind main rules for my Strategy.
Our trades based on Intraday - Daily reversion. Reversion level is Pivot levels. Same time they are strong resistance or strong support. Resistance we do Sell, support we do Buy. Thees Entries are 2-7 pips accuracy. And Stops are 15 - 25 pips. Later after price moves 15 - 25 pips of Profit move Stops near Entry (This is new. Use to be 40 pips in old market conditions). Take some profit at 40 and 70-100 pips. Never close all trade 100%.
No one word more no one word less.
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Monday, May 11, 2009
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