Another Daily Range Strategy GBP/USD - Page 2
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Thread: Another Daily Range Strategy GBP/USD

  1. #11
    I've done some thinking about what you are doing here. Little profit goals are absurd. You are trying to play the noise of this market. Take a step back to the time frame if you're looking for a few pips. Look at the movement and price action to see what's really happening. You should be able to see the momentum fairly readily. Place a buy/sell and place your TP/SL. There should be a clear point that you understand you are mistaken. Set the SL there. Allow the profits operate.

  2. #12
    We don't call him Kwackers for whatever you understand


    Quote Originally Posted by ;
    I have done considering what we're doing here. Such profit goals are ridiculous. You are trying to play the sound of this market. Take a step back on the time frame if you're looking for a few pips. Have a look at the motion and price action to see what's really occurring. You ought to be able to spot the momentum fairly easily.

  3. #13
    Ahh well...

    Position opened:
    Economy

    1.9658

    Stop 1.9683
    Restrict 1.9643

    Currently at 1.9663

  4. #14
    Closed at 09.44 GMT at the 15 Pip Limitation for a1,500 profit

    Day one, Successfull

  5. #15
    Quote Originally Posted by ;
    Closed at 09.44 GMT at the 15 Pip Limitation for a $1,500 profit

    Day 1, Successfull
    Hello

    We Only call it 15 pips, whether it is worth $1.5 or $ 15000 that would depend on leverage and MM

  6. #16
    Day 2 1st order closed out at a 20 pip loss, the 2nd commerce opened and made 15 pips.

    Thus 10 pips up over 2 days

  7. #17
    My trade today with this system was a 20 pip winner...
    that was your entry?
    I went at 1.9731, closed at 1.9751.

    Lets see tomorrow. .

    Dan.

  8. #18
    I know people are most likely in doubt, I am myself.

    Can anyone point me towards a backtest.

    I have figured with pretty much any egy thats earning money you may raise profits by:

    Backtesting, together with SL, TP and also the Range Values - Clearly, but specfic minutes in time.

    Substantial new releases that are published exactly the exact same time every year, months such as January, august and december, in which some the market might not be ranging as much possibly set a limit on a moment, it looks like a lot of work, but if you end up with a fantastic egy, might be worth it.


    1.9751 open 1.9771close

  9. #19
    Struggling to get some backtesting done

    GBP/USD DOES look like the favourite pair.

  10. #20
    Sorry Cant get attatchment to operate

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