Thursday, March 18, 2010

10 Pips strategy with three line break





I developed a simple strategy to trade the Euro FX during moments of relative low volatility.
At the first signal you enter using as a stop loss the top of the box (or the bottom in the case of a long trade) your target is small 10 pips, because most of the time the euro come back stopping you due to low volatility. There isn't enough volatility for longer moves, so is better to close the trade at the first ten pips of profit.



Update:

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