Tuesday, March 18, 2008

Trading setup 1, Daily GBPUSD Break Out

GBPUSD
GMT 8:40 , 16:40 Singapore time or 16:30-50
look at high , low of previous 60 minure.
only trade when H-L < 60 with full margin 90% capital /63
other times , can only trade 1 lot test, can not trade on full margin.
stop buy at high+4 or 6 or 2
stop sell at low -4
34 pip stop loss or 38,34
48 take profit. or 45-50
73.68% win, 19 trade win 14 in a month.

weekday win %

1 Mon 75%
2 Tue 66%
3 Wed 60%
4 Thu 100%
5 Fri 100%

when 100% trade in full margin. if have SGD400 buy2,sell 2 mini lot
others buy 1, sell 1.

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