Hi Peeps,
Firstly I would like to thank eveyone who commented on my first thread, much appreciated.
Does anybody know of a consistent strategy for trading the GBP/USD that i can implement using my capital spreads platform? I have scrolled the forums but am still in need of some advise! Im trying to obtain about 20-40 pips daily?
Any feedback would be greatly recieved…
Cheers…
I have a system that uses GBP/USD that’s explained in this thread.
It only generates 1-2 trades per week, but if averaged out it would probably come to around 20 pips per day.
Also, I’d stop focusing on making a certain number of pips per day. A pip is only a unit of distance on a chart, it’s not a measure of success when it comes to evaluating trading systems.
A 10 pip per day system could very well make you more money than a 100 pip per day system, depending on how the system works and what type of money management you’re using.
Thank you for the reply Phil, I will certainly look into this…
Thanks again…