DaytradeThảo luận

::::::::::Daytrade Forex Trading::::::::::

I'm applying a medium-risk strategy with optimized settings for very low risk orders and very good profits, with my own MM trading rules.

:::MY APPROACH TRADING IS::::
*Martingale based in the proportion: a)10 x 0.01; b) 3 x 0.02; c) 2 x 0.03 / Hedge (Buy-Sell directions);
*Stop-loss and Take-profit are ALWAYS USED in the system;
*The news filters is ON 24h, which exclude trade in volatile hours and filtering every market event, it's connected with ForexFactory Calendar;
*Pairs: EURUSD;
*TF: M15;
*News Filter Control ON (filtering High, Medium and Speak market news)
*Lotsize: Starting 0.01 and 0.10 (max); (I'm using to stay in 0.03 lotsize, never got more than this so far)
*Leverage: 1:25 (min.);

:::CONSIDERATIONS:::
1) Expected 10-50% in profits per month;
2) Working DD of 5% up to 30%;
3) Maximum DD target is 28% (based on BT and demo FT with 5k in balance).

:::RECOMMENDATIONS:::
1) You can start using CENT accounts, like $5k cents, witch means only $50.00, following this you'll be safe as you can see our live account and FT Strategy test integrated with Myfxbook.
2) To get high quality copy of my signal, use ECN or NDD accounts with respectable and regulated brokers, which gives minimal spreads, fast execution and minimum slippage;
3) During the first week I advise you to test the quality of signal copying with the minimal risks (Lotsize 0.01).

please how do i get to prepare trend lines and resistance with support on a trade

Easy, choose a time frame (h1, h4...), take a look in the chart and find where is your high and low prices, and than put your lines

i want to ask something do we have a software that scans the market gets good trade for us and we trade anything like that?