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Re: 1 year, 6 pairs, 1 lot, daily chart, 504 signals, 13942 pips profit
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Originally Posted by HardNut
My system is simple. Makes use of support/resistance lines. First identify current S/R line then place buy at support and sell at resistance limit orders. For a breakout, place buy limit order 10-15 pips ahead of resistance and sell limit order 10-15 pips below the support. For limits try not to set any "take profit" limit, simply use trailing stop and let the breakout run.
I don't look at indicators a great deal. 1hr candle charts with Bollinger Bands (20,2) along with Fibbo retracements/fans, linear regression channel (all the stuff to identify S/R lines).
So fxscalper90, what is your system?
P.S. If you don't want to make it public, you can always PM me!  |
edited. edited.
Last edited by fxscalper90; 01-03-2005 at 14:08.
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