In this journal I will be posting my live trade results for 10 Percent a day trading.
The idea is to make ten pips a day with a lot size of 0.01 per $10 deposit. so per $1000 it will be 1 lot. Stop the days trading once ten percent has been made.
Indicators used are :-
LWMA 60 Moving Average on the 1m Chart
100 SMA on the 1M Chart
Custom Trade Direction Arrows Indicator
THV4 Trix Called a momentum indicator from the THV Cobra Trading System
Pivots SR level Indicator
Vertical Time lines indicator set to draw the hour lines
Trade in the direction of the Arrows
Wait for price bounce of the 60 LWMA
60 LWMA is bellow 100 SMA for Sell and above for the Buy
I trade the London to early New York sessions, I don’t often trade on Fridays. Keeping an eye on news events.
WARNING: Trading such large lots sizes comes with huge risk it is advised to trade much smaller lots sizes.