Who’s online There are currently 11 users online. Submitted by Edward Revy on July 16, 2009 – 17:20. We believe it is time to open a new Risk reward forex calculator for dedicated to Money Management.
Here we’ll be posting trading systems and methods that help to control losses, evaluate and limit risks, improve win : loss ratio, in other words, everything related to money management in Forex. We hope that this subject will create a new interest to money management in currency trading, and eventually help you improve a winning ratio of your favorite trading system. Active traders Poll – share your live experience or read what others have to say. How To Double The Account In 1 Day? You can help thousands improve their trading! Who’s online There are currently 11 users online. Submitted by Edward Revy on April 29, 2007 – 08:11.
Ready to dedicate your midnight hour to Forex trading? This strategy can be your winner. This system is based on the fact that most of the time you won’t find same size candles for 2 consecutive days on a daily chart. 90 pips long we will not open new trades the next day.
While an Inside bar candle implies a good breakout opportunity the following day, it can also be a dual whipsaw breakout – a break in both directions – the most unwanted scenario for our trading system. 5 pips, and Sell stop order at the bottom -5 pips. Put your stop loss order for a Long entry at the lowest price of the previous day -3 pips. These additional pips for entries and stops can also be adjusted once you learn the behavior of a chosen currency pair over the time.