Only GBP/USD pair traded on 30M-4H chart, Why because I learned and I know this pair very well. Maximum Loss per trade 300 pips, Maximum profit-N/A.
I'm not using any indicators, just me and chart. I'm looking for chart patterns, support/ resistant levels and channels. Trade mostly US session, since I'm from US. Opened 1-3 trades per day Maximum, sometimes none. Most of my orders limit orders, but not all. Most of my trades I hold for 1-3 days, but I can take 10-20 pips profit sometimes. Almost never trade on Friday, Last day of the month and year. I will trade Here with max 2 Lots, but in real life as my deposit grow I add more lots. I use hedging in my strategy, so please make sure your broker allow you to use hedging.
If you trade 0.1 mini lot Your Deposit should be at least $1000 and leverage 1:100
If you trade 1 lot Your deposit should be at least $10.000 and leverage 1:100
My working Hours 6am-10pm US Eastern Time, Most trades, but not all Opened around 6am or 7-10pm US Eastern Time. Thanks.
Alex_Nevskiy - system trading
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