The aim of this thread is simply to demonstrate profitable pips from basic system i am using last 10+ years in Forex trading. i am here not going to elaborate the nature of system, how it is constructed etc but simply a Entry , Stop loss and Target Price and in most case, Entry is confirmed using Market Order at instance of signal is generated from my system and Stop is based on dynamic model and not using a Fixed Pips as Stop and Target is kept open or keep 200 pips if you like to use some thing reasonable.
The trading signal is limited to G7 pairs EURUSD , GBPUSD , USDCHF , USDJPY , AUDUSD and USDCAD
Entry (Buy) @ Price , Stop loss @ Price , Take Profit @ Open or Defined Price Value.
FXCentral: Forex Trading, Forex Brokers, Forex Currency Trading, Forex Demo Account
This is broker used as reference price and its Fxcentral ECN is used as signal following reference.
You can download Fxcentral branded version of MT 5 with Multitier ECN with multiple banks as liquidity pool, you can compare other ECNs and STP brokers feed for average spread and fills to make choice your self better
Sell AUDUSD @ 0.93377 Stop @ 0.93480 Target @ Open
Trail this Entry zone to cost now, Some pips locked well
Exit Sell AUDUSD @ 0.93272
Pips = 10
Net Pips = 10
Stop Buy USDJPY @ 93.25 Stop loss @ 93.05 Target @ Open
Entry now trigger and trade in place
Buy USDJPY @ 93.25 Stop loss @ 93.05 Target @ Open
Stop loss triggered @ 93.05
Net pips: -10
Buy GBPUSD @ 1.54479 Stop loss @ 1.54231 T @ Open
Stop loss Triggered @ 1.54231
Pips: - 24
Net pips: -34
Sell GBPUSD @ 1.54071 Stop loss @ 1.54524 T @ Open
Sell USDJPY @ 92.529 Stop loss @ 92.801 T@ Open