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Hello,
Welcome to my very own personal complete trading signals. My signals are generated at the beginning of the week on Sunday at market open. Timing is crucial so you might not see trades after Tuesday. I utilize a very simple breakout strategy.
My goal is to be positive 52 weeks out of the year.
Stop loss will be placed in a range of 100-150 pips away from entry.
I ask that you start with $3,000 ,but I will trade with $1,000 in my account to protect against overtrading.
Method of Entry: I like to use PRS (Pattern Recognition Software) to time my breakout trade signals. I may open 2 lots for increased profitability. If I see a positive return then a pullback I will place a breakeven stop and, or PSL (profit stop loss).
Breakeven stop: stop which includes spread, but equates to ZERO profitability
PSL stop: stop which includes profit if position goes against you
Reasons for staying in a trade: Simple profit and trend.
Reasons for closing a trade: Reversal candles and or break of a trend.
Reasons for no trade: Ranging markets or late signals entry.
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QikFireForex - trading system |
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