20pips strategy for EURJPY.

[khaled6969]

The strategy of the euro against the Japanese yen 20 points profit and loss would not recommend it because the loss is greater than the profit if it means the opposite gain 30 points and 20 for the loss was acceptable

[mohamedsaleh]

i think it will be risky to just go on with what happened with previous session . some news may effect the chart and how the market goes . so don't use it in news time . just use it when you are trading online and in front of the computer

[songkok]

i dont trust your strategy there is nothing technical about it better u use pivot points rather than this calculation.
If m wrong plz explain y your strategy works.

Usually traders risking less money than at a profit, they are the usual professional traders using 1:2 or 1:3 ratio. Not in the sense behind with 20 take profit and stop loss 30 points. Do not be risking more money than the revenue. If you think your system should be to Tp 30 pips and 20 pips Sl. May be a correction

[ashwini]

in this strategy dont think that u may able to make daily 20pips . cause .. many times. there is some flat. market .. where market given indication for the change of direction.. in that point u cant able to trade. or its order is not taken.or may be in this time u face loss. more over this strategy is very good work on side ways market . where its upward sideways or downward sideways. mainly u will easily make money if u follow the the market perfectly. so am trying to given some strategy. in future i will share more.

[songkok]

What with 20 pip per day we've been able to achieve it? we need to know in trading is not every day we get a signal which, as we expect, should not be desperate to win even though only 20 pips, trading only with a good signal, and leave the market if it does not exist

[mahmudi]

your system is so simple and good based on the highest and lowest point I was so because in principle if the two points that I penetrated the psychology of chart will form a new point higher or lower that my experience during my forex trading

[fanesa G]

I ever heard about this trading strategy, and this strategy maybe profitable, because market in the USA session ussually have different moving direction with market in the asian session so your strategy are really reasonable my friend.

[naziafarhan]

Thanks for your strategy I think I am going to implement this strategy in my demo account then I will try this in my luve account I like to backtest the strategies of others and I like to use them for my profit.

[ashwini]

its based on daily time frame.. and its working good. plz use ur money management skill.. like
if ur balance is 100$ then use 5$ for order.
if u face the loss.. then next time u use 10$ order. means u double ur lot order if u face the loss. so this type u can esily recover the loss. easily.
mainly in this strategy. u make proft most of time. when ever u loss .. when the market is change its movement.. that time .. u face the loss. only.
very soon.. i given 15 pairs. trading strategy. with the calculation.

[jiching]

its totally based on pending orders.
open the daily chart of EURJPY,, and collect some data of previous day.
highest and lowest level

buy

pending order: buy stop: entry level: high level of preveious day +30pips
take profit: 20pips
stop loss : 30pips

sell

pending order.: sell stop : entry level: low level of previous day -30pips
take profit: 20pips
stop loss: 30pips

plz given ur suggestion and ur experiance about this strategy.

thanks for your sharing about the trading strategy. if we are newbie and don't have a lot of money to trade, i think playing Ej is dangerous, because EJ is wild and if the pair makes trend and our price against the trend, we will loss and get margin calls... in my opinion, use a lot of money for balance.