Quote Originally Posted by roopesh11 View Post
In the forex trading the trading plan is very important. Because by the help of the trading plan we can take a step forward with out any body's help. It is like a path detector in the forex world. The trading plan consists of different sub items they are:-

1. Goal - It shows the daily target like - 30 pips.
2. Pairs - The pairs in which we want to do trading - EUR/USD & GBP/USD
3. Lots Size - 0.05 to 0.10 .
4. Indicators - Moving averages, stochastic, Parabolic sar.
5. Time frame - 30mins, 4 Hr, 1D graphs.

By following these rules we can be safe in every condition in the market and also makes the profit.
can you tell me how many capital you use for this strategy ??
you said lot size 0.05 to 0.10, it means we use 100$ for balance or equity..
is it right ? can we use at pair audusd or nzdusd ?