NEW SYSTEM - This is based on grabbing more then ten pips per day
The idea behind this system is two fold
- Get more entries
- Better in ranging markets
1M Chart, uses MACD, CCI Histogram, Moving Average 60 LWMA and 300 LWMA also two custom indicators which just show the higher time-frame 5m and 15M, just so I don’t need to keep switching time-frame.
First Day 3 trades so far I did 0.01 and 0.5 but I should be doing 0.5
Deposit is 1000 USD and Lot size is 0.5 the (0.01 trades I forget to change the lot size on)
The Idea is to scalp the entire London Session keep going no 10 pip day limit.
THIS IS ON DEMO ACCOUNT FOR THE NEXT FOUR WEEKS - I will continue to use the previous system on the live account but will not be logging it