- Oktober 7, 2022
- Gepos deur: Forex Wiki-span
- Kategorie: Forex Trading System
20 Pips Challenge Review
For you, beginners, learning to trade forex using the "20 Pips Challenge " approach is far simpler, vinniger, and less hazardous than starting any other type of company. Daarby, I'm available to you 24/7 through email if you have any inquiries or run into any difficulties. Here are some images of transactions that this technology can produce on demand.
Beste makelaarslys
Die 20 Pips Challenge with any broker and any type of account, maar ons beveel ons kliënte aan om een van die te gebruik top forex makelaars hieronder gelys:
20 Pips Challenge Setting
20 Pips Challenge strategy
RECENT TRADES GENERATED AT LONDON AND N.Y. OPENINGS
Goed, allow me to take a moment to explain the image above. You simply need to execute one transaction each day at one of two predetermined periods to use this strategy as a dependable source of income for yourself (namely the London or New York opening.) By doing this, you will see a produced successful trade for the pound/dollar practically every day. In the unlikely event that you don't produce a gbp/usd transaction inside the first hour, you can look at the eur/usd. Two long (aankoop) transactions were formed in the image above. one on the gbp/usd at the London opening in less than an hour and one on the New York opening within the next fifteen minutes.
You arrange your transaction, add the 20 Pips Challenge system-provided robot manager to it, and then you may go to bed, shop, or do whatever else. On a normal contract, it will automatically close out at a 20 pip profit for $300 of, much less frequently, take you out at a 20 pip stop-loss. There are at least 20 trading days in a month, thus your profit for that month is $6,000. When you are ready to scale up, I urge you to simply perform the same deal with 2 standard contracts for a profit of $12,000 elke maand.
For those ardent traders who like to keep an eye on a deal for a while, one more thing. When the trend line across the candles entirely changes to the other color and an opposite warning arrow appears in this instance, you should manually quit the trade. I gave an example of this circumstance in the New York trade earlier.
The trend line is still both aqua and coral in color, so you stay in and you would exit where I have the hollow yellow arrow about three hours later if you chose to monitor and disengage the robot. Egter, you can see that an opposite coral-colored alert arrow appeared about two hours into the trade.
You would have spent just over 5 hours watching a trade. Even though this is NOT what I intended the 20 Pips Challenge system for, I still described it because I know some of you like to do it.
Last but not least, I would like to point out that if for some reason you entered the London trade late, the robot would not have taken you out for profit where I have indicated, but you would also not have even come close to reaching your stop-loss so that trade would have continued and you would have been taken out automatically on the second candle after the N.Y. open and still made your $300.
ANOTHER 2 WINNING GBP/USD TRADES
A winning long (koop) trade generated on the opening candle of the London and a winning short (verkoop) handel dryf 30 minutes after the N.Y. oopmaak.
AND TWO WINNING EUR/USD TRADES
Here is the EUR/USD with two successful short trades (sells). albei 45 minutes after the New York open and the first 30 minutes following the London open. But keep in mind that, if at all feasible, trading the pound/dollar is always preferable. Less likelihood of losing a transaction since your stop-loss is struck before you have earned 20 pip profit. Folks, that's all there is to it; these transactions are created every day. Because it is simple, it appears simple. I was going to show a video of me placing a trade since I know you don't want to spend all day looking at these pictures.
Egter, I don't believe many people would be interested in watching me place a live trade and then, a few hours later, a shot of the closed trade by the robot, and it wouldn't really accomplish much. In plaas daarvan, I chose to show a few videos that explain precisely what we look for to place a valid trade and when we avoid placing a trade. Die 20 Pips Challenge system's user manual will also include these video links. So let's start watching some movies!
Ex. Video #1 BOTH TRADES ON THE NEW YORK OPEN
Ex. Video #2 – 1 TRADE LONDON OPEN & 1 TRADE N.Y. OOP
20 Pips Challenge Free Download
Ons beveel sterk aan om die te probeer 20 Pips Challenge with ICMarket demo rekening. Ook, vergewis jouself van en verstaan hoe hierdie stelsel werk voordat jy dit op 'n lewendige rekening gebruik.
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