5 minutes a day EURUSD

To place this idea into an precise buying and selling plan, we do as beneath;

1. Use 6:00am London open value because the reference value (use this if you'll want to know what time in your native space)
2. Set Purchase Restrict 16 pips beneath reference value and Promote Restrict 13 pips above reference value (examined via quant evaluation to be 'optimum')
3. Take revenue 31 pips, cease loss 15 pips (favorable danger to reward offers us the sting) for each trades
4. Fastened commerce measurement that you're keen to lose (not too large as a result of this technique has extra losers than winners, however the favorable danger to reward ratio offers us the sting)
5. We wish minimal slippage, low spreads and liquid pair so EURUSD makes probably the most sense
6. Cancel the opposite order as soon as one of many orders has been triggered and let the market do its job
7. If order stays open at NY shut, manually shut it since there isn't any extra notable quantity at the moment to maneuver value

For instance;

Hooked up Picture (click on to enlarge)

So I'll begin testing this technique to see whether it is even worthwhile. Be at liberty to affix me.