Want to make $500 per day? it is easy! well, you only need a little training on forex trading, discipline and good money management. In the screenshots below, I was trading EURUSD pair ( I was selling EUROS and at the same time buying US DOLLARS) I was simply using the eurusd 4 hours chart, then 1 hour chart to confirm that the trend is going in the same direction then switched on m5 and hunted a better entry. Then something came up and as I had to leave and no time to sit at pc watching the charts, I setup 2 pending orders at resistance for the smaller orders. Then I simply setup a stop loss and take profit. For the first trade I used 25 pips Stop loss and 50 pips Take profit. 1:2 risk reward ratio. For the second I used an 1:1 risk:reward ratio of 40 pips. Both of them hit TP. I still have an open trade from the last week, but that's risk free trade as I already protected profit (i moved the stop loss at + 30 pips, so in case I get stopped out I still get 300 usd. Hopefully not, because I am 30 pips away of TP and I will be making like 2K. What do you say? easy enough? Feel free to ask questions in the comments section if you are passionate about forex trading and if you want to start earning at least $500 per day doing that.
3 Comments
7/10/2017 02:17:22 pm
That is the excellent mindset, is just not help to make every sense whatsoever preaching about that matter. Virtually any method many thanks in addition to i had endeavor to promote your own article in to Delicious nevertheless it is apparently a dilemma using your information sites can you please recheck the idea. thanks once more.
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MAry
10/10/2017 11:59:44 pm
great info
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8/10/2017 03:20:11 am
The Bitcoin network has an attack underway called 'transaction malleability'. This details a practical consideration regarding transaction change and how it affects a Bitcoin exchange.
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