Friday

Trading for professionals

If you are employed, has no time to take a look at the charts, so strategies are interesting for these people in which pending orders or trades can be, in the morning triggered in the evening to see what success or failure of these had in most cases.

Here I found an interesting strategy, where this is possible:

If you look at the following values of the Last 24 hours of the currency pair of your choice:

· High day.
· Low
· Closing price

From the high of the day and - deep is you now the price movement of the currency pair in pips. Is the low of the previous day at 1,4425, the day high of 1,4537, for example, when the EUR/USD as the price movement is 112 pips.

Now calculate 25% of this price history (in our example 28 pips = 25% of 112 PIPs).

Starting from the closing price of the last 24 hours to lay a sell order which is 25% of the previous day price movement under the closing price and a buy order at 25% above the previous day closing price now.

As take-profit also again taking 25% of the price movement of the previous day, to put the StoppLoss 10 pips away from the opposite order.

Best take here always same time as the basis, because otherwise, the results could be tampered with. In addition, it is recommended to first look at the economic calendar. Important publications ahead, you opened would rather not order.

In our example, this looks so like this:

· Day high: 1,4537
· Low: 1,4425
· Price movement: 112 pips = > 25% is equivalent to 28 pips
· Closing price: 1,4502

So you opened following pending orders:

· Purchase at 1,4530 (1,4502 + 0,0028 - TP 1,4558, SL 1,4484)
· Sale at 1,4474 (1,4502 - 0,0028 - TP 1,4446, SL 1,44520)

Now you can go to work and to watch in the evening, where the price stands at the time, or whether the jobs created have been met.

How this trade is to keep something riskier than before the screen with security and to have influence on the course of his trade, but a way to complete the one or the other trade despite work. By the economic news is you already do every day in this way trade can.

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