Hi Dears,
I am going to tell you a new Sell Stop & Buy Stop Forex Strategy, in GBPUSD Pair:
Kindly follow the given below step by step information;
Currency Pair: GBPUSD
Time Frame: Any (H1 is better)
Trading Rules:
1- Open your chart on 02:00 PM.
2- Find the Maximum Price and Minimum Price between 3:00 AM to 08:00 02:00 PM.
3- You have 2 numbers. Maximum Price and Minimum Price. Now should open 2 pending orders:
Buy Stop:
At: (Maximum Price + 2 pips)
T/P: [Maximum Price + (Maximum Price - Minimum Price)]
S/L: (Minimum Price - 2 pips)
Expiratory: Next trading day at 02:00 PM.
Sell Stop:
At (Minimum Price - 2 pips)
T/P [Minimum Price - (Maximum Price - Minimum Price)]
S/L (Maximum Price + 2 pips)
Expiration: Next trading day at 02:00 PM.
4- Now you can even turn off your computer and sleep. If any of above pending orders activated, let it touch T/P or S/L
itself. It may take some hours or even some days. Please never close it manually.
Inactive pending orders will expire next trading day at 02:00 PM. At this time you should go to the first stage and repeat
this cycle for the next day.
*The given time is Pakistan's standard time, please do this strategy according to your local time...Thanks!!!!!
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