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Posts by forex_trader_109451
Time
in
Trading Systems
Jan 28, 2013 at 19:28
I am starting the system ‘Time’ after much research and analysis of my past trading history. To ensure good risk management the system abides by the following principles:1. Trading is closed on Weekends and during US & UK Public Holidays. 2. Trading hours are 2.00 am to 11:30 am EST (GMT-05:00). 3. Only the EUR/USD pair is traded and only one trade is open at any time (A new trade is executed only after the previous trade is closed). 4. Each trade has a stop loss of 0.8%. 5. The maximum time a trade can remain open is 2 hours. 6. Daily loss limit is set to 1.6%. NOT...
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