Hi all,
I am new to Forex and have been messing about with the MT4 demo the last few days..
I have the following idea but cant work out where I am going wrong...
At each say 5 pips previous upwards spike it auto buys and auto sets the T/P at say +10 and S/L at say -5 ?...at each withdrawal it would then wait until it sees an upwards trend again and continue the same routine..
What am I missing here and why wouldnt this work?
Thanks
I am new to Forex and have been messing about with the MT4 demo the last few days..
I have the following idea but cant work out where I am going wrong...
At each say 5 pips previous upwards spike it auto buys and auto sets the T/P at say +10 and S/L at say -5 ?...at each withdrawal it would then wait until it sees an upwards trend again and continue the same routine..
What am I missing here and why wouldnt this work?
Thanks