Updated Strategy:
Doberman strategy is now shifted to long term 4 hour strategy to make more solid trades as compared to previous loosing weeks, so we are now in long term mode where trades can last for 7-10 days or maybe less if stoploss hits.
Pair
EUR USD
Time Frame:
4 Hour
Indicators
Exponential Moving Averages, Candle Patterns, Breakout Levels.
Stop loss:
50-100-200
Target profit
Not Fixed
Trades per week
maximum 1-2 positions (1 lot each) "Updated"
Profit Target/Month
10% to 15%
Trading Time
Normally Breakouts/ when trend is smooth.
For best results:
Use 0.1 lot (standard) on $1000
Use 0.2 lots (standard) on $2000
Use 0.3 lots (standard) on $5000
and dont use more than 0.4 to 0.5 lots on $10000
always use tighter stoplosses (my stoplosses) and targets should be 3 times of your stoploss, I target 5 times of my Stoploss, but whenever you feel you acheived good pips you can close without any hesitation.
Regards
Have a Best trading days
with "Doberman".
P.S " Read it carefully, Though its not a new thing for me as I have been in Forex for past 7 years, when I loose money even 2-3 loosing weeks people switch to other traders or start looking new signal providers, thats a wrong strategy trust me, when a trader is loosing money (calculated risks not gambling) its the right time to subscribe him, you can see my WIN RATIO but look at the PROFIT, its all because of my money management, you need to stick with a good provider for 6 months to analyze its skills, otherwise learn yourself" :)
Regards
Doberman
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