is to find a "time period" when the market will move enough to guarantee the pips you need to generate a profit. If the pair rises, however, then you will place a new buy order at 6 microlots and a sell order for 1 microlot, etc. As I mentioned earlier, timing and the time period can be online moderator jobs from home crucial for your success. I used a micro lot, from a balance of 203 to 226, in just one day. Follow the rules strictly, if modified, write these changes down and do not alter as you trade. Not all Forex brokers nowadays are regulated by appropriate financial regulators in their countries. We basically have to pinch ourselves to make sure that we are not dreaming.
The rules: When ATR is reading above 14 EMA - the market is active - that's where we want to be trading. Easy Forex Breakout Trend Trading Simple (and Advanced) Systems.". Using the below picture as an example, you would purchase 1 lot (indicated with B1) with the idea that it will rise. Regards, Graham D Hi Cynthia, I bought your system a few days ago, and I want to thank you, because I have made money in my live account. Make sure to use proper position sizing and money management with this one and you will encounter nothing but success! The consistency with which you will be making 30 pips any time you want will lead to the confidence necessary to trade multiple standard lots. Thank you for a great system. . 4 - If the price goes up and hits the SL or TP.9860, then you also have a profit of 30 pips!