I try that the Risk and Reward will be nearly equal or profit(TP) be major than loss(SL)
after market analyzing(technical & fundamental) ,if the marker situations were favorable and market trend was friendly I will set 1-3 orders from the gftraders's currencies list .
"all of my signals will be with 1 Lot."
in my System some orders is countertrending and some time is breakout.
Fibonacci retracement is on of my tools that I use.
Although I set the orders hostelry but mostly my signals is from 3:00 AM to 11:00 PM(GMT) .
generally all the days(from monday morning to friday night) I will have signal.
I use opening the market order and pending order combination but "Pending Order System" has priority.
my method for analyzing the market is technical ,and attention to important news like NFP for example .
because my strategy is not NEWS TRADING , I try that I have not order when very important news comes out(Of course, this rule is not absolute and eternal )
in my system market analysis is done permanently .
for closing positions I set and use Take Profit (TP) and Stop Loss (SL) but some time because of fundamental conditions I forced to close the Positions manually.
maximum Stop Loss in this system is 150 pips per position and maximum risk is when I have 3 signals.
I try that my system be changeless, although all the changes will be inform in this page and with e-mail for my Subscribers.
all the investors and traders can use my profitable signals.
Date Started
