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Thread: Asia Open Market strategy..

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    Junior Member spiderbooo is on a distinguished road spiderbooo's Avatar
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    Asia Open Market strategy..

    I ussualy used GBPUSD pair..but from yesterday,I used in EURUSD too..
    The strategy is very simple..
    Just check what price in open asia market and made 4 stop pending order..

    - Open Price + 20 pip place buystop SL 40 TP 30
    - Open Price + 50 pip place buystop SL 40 TP 30
    - Open Price - 20 pip place sellstop SL 40 TP 30
    - Open Price - 50 pip place sellstop SL 40 TP 30

    After the price hit our pending order..than use a cutswicth marty strategy..example :

    Open Price = 1.5900
    1st BuyStop 1 lot = 1.5920 (hit) SL 40 TP 30
    Than make second pending order 2nd SellStop 2 lot in price 1.5880 set SL 40 and TP 40..and go on like this until you hit TP..
    And don't cancel another pending order..just let it there but..after the next day you want to put another pending order,delete all pending order that not executed..

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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