Entry Time: 6:00-10:00 GMT
Buy EUR/USD @ 1.4730
Hold Position and move Stop Loss within signal period to secure Profits.
Resistance Level 1 @ 1.4753 Support 1 @ 1.4638
Resistance Level 2 @ 1.4829 Support 2 @ 1.4442
Resistance Level 3 @ 1.4947
Stop Loss__________ 30 Pips
Take Profit_________ 90 Pips
This system is Mechanical and should be adhered to, you can leave the market within the period of signal, but anything after signal duration would not be advised.
Your Comments are highly appreciated.
Exit Market @ 10:00GMT
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2 comments:
have no idea when you come out with this signal. but anyway basic trend line is for sale. Therefore I think you will loss this trade.
Well this is what i do, my entry points are just figures that fill in, the signals are for buy at those times and you either hold your positions until 10:00 Hrs GMT, whish is exit time for the buy if you visit your chat and correlate the entry time for the BUY, and see where the MARKET WAS as at 10:00Hrs GMT you would make some pips during the duration.
So at 6:00 Hrs GMT market Opened at 1.4712, and at EXIT TIME 10:00Hrs GMT is 1.4707.
So logically we losted -5 Pips.
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