Enter your trade at open and stay in until signal reverses. This week we stayed short all week long in the USD/CHF. This maximizes your profit potential and cuts down on exit and entry costs. This is a low stress system. No watching charts and looking at various indicators.
Gained 534 pips but gave 127 up.
That's one of the benefits if you stay in the market all the time. Important to keep your stops. Day like today can do a lot of harm.
Ernest
Gained 534 pips but gave 127 up.
That's one of the benefits if you stay in the market all the time. Important to keep your stops. Day like today can do a lot of harm.
Ernest
Yesterdays numbers.
short EUR/USD open at 1.3066 stoped out at 1.3107
long USD/CAD open at 1.2332 stoped out at 1.2254
short CHF/USD open at 1.1819 close at 1.1583
short YEN/USD opn at 105.58 close at 104.04
long GBP/USD open 1.8974 close at 1.9118
Some of the price levels are open and close of the day as we have been in the trade previously. We are short CHF/USD for over a week now.
Watch my daily postings!
Ernest