EURUSD TRADE IDEA
Rules:
.01 - 100 dollars
.02 - 200 dollars
.03 - 300 dollars
.04 - 400 dollars
-------
.10 - 1000 dollars
TWIN TRADE:
10 - 15 pips in profit = Set 2 pip stop profit
1st Order = 30 pip take profit
2nd Order = trail stop profit
30 pip stop loss no matter what.
Example of Twin Trading:
1000 dollars in account =
.05 + .05 = .10
==========================
- Wait for a break of resistance (ceiling).
- Wait for a RETEST (where price closes above the previous level of resistance).
- Once price confirms resistance as a new support (floor), it is safe to enter.
- Price doing this is a SHIFT in MOMENTUM.
- Wait for a break of support (floor).
- Wait for a RETEST (where price closes below the previous level of support).
- Once price confirms support as a new resistance (ceiling), it is safe to enter.
- Price doing this is a continuation of a DOWN-TREND.
.01 - 100 dollars
.02 - 200 dollars
.03 - 300 dollars
.04 - 400 dollars
-------
.10 - 1000 dollars
TWIN TRADE:
10 - 15 pips in profit = Set 2 pip stop profit
1st Order = 30 pip take profit
2nd Order = trail stop profit
30 pip stop loss no matter what.
Example of Twin Trading:
1000 dollars in account =
.05 + .05 = .10
==========================
- Wait for a break of resistance (ceiling).
- Wait for a RETEST (where price closes above the previous level of resistance).
- Once price confirms resistance as a new support (floor), it is safe to enter.
- Price doing this is a SHIFT in MOMENTUM.
- Wait for a break of support (floor).
- Wait for a RETEST (where price closes below the previous level of support).
- Once price confirms support as a new resistance (ceiling), it is safe to enter.
- Price doing this is a continuation of a DOWN-TREND.
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