Greetings,
I am introducing you here to a system I have only been trading for 1 week, but it has averaged approximately 1-2% per day, is very safe, and can be done at any time of the day or night.
Here are the rules:
Open 1 position long EUR/USD
Open 1 position long USD/CHF
Take profit (close both orders) at 1% profit
Repeat
What we are doing here is trading the fluctuation of the pairs, and since we are hedged approximately 95-98% we can sleep at night with the trade open.
I use 40% of my account balance on both trades (for a total of 80% of my account balance).
Please give comments as able.
p.s. I believe someone is developing an EA for this method which should make us even more profitable, as I am only able to close trades when I happen to check my computer and see I am in profit.
I am introducing you here to a system I have only been trading for 1 week, but it has averaged approximately 1-2% per day, is very safe, and can be done at any time of the day or night.
Here are the rules:
Open 1 position long EUR/USD
Open 1 position long USD/CHF
Take profit (close both orders) at 1% profit
Repeat
What we are doing here is trading the fluctuation of the pairs, and since we are hedged approximately 95-98% we can sleep at night with the trade open.
I use 40% of my account balance on both trades (for a total of 80% of my account balance).
Please give comments as able.
p.s. I believe someone is developing an EA for this method which should make us even more profitable, as I am only able to close trades when I happen to check my computer and see I am in profit.