Get started

Tradingtips

GOLD TARGET TO REACH 1200 PIPS SETUP QM BUY VHRTFX Forex Rules 1.0 Trade Process First Phase Find supply and demand in daily/h4 draw a line or box Find pattern(quasimodo/HNS/KING/Engulf) in h1/m15 HIGHER BETTER, snr in area snd of (1) The setup sl must below 5% from capital / Ratio 1:2 above (DEPENDS ON TIMEFRAME AND CHANGE LOT SIZE WHEN SL IS BIGGER) Plot everything on the chart and mark the setup Entry and forget (Stop loss and Take Profit is compulsory) Second Phase Almost hit tp set be Do house work or Backtest ss or go productive Third Phase Hit Sl and lost 5% from capital stop trade for the rest of the day Hit tp and reach target also stop trade for the rest of the day Extra Profit withdraw or transfer to account wallet 2.0 Type of Account Money Management 2.1 Account Control Money Management ( CMM ) Risk 1-3% recommended for 2% from capital per day trade Leverage 1:15 or below so we not using over lot size Target 5% to 30% per month and withdraw the amount that exceed 30% profit When current day have lost reach 3% or 2% Stop Trading for the rest of the day 2.2 Account Full Margin ( FM ) Only trade 1 pair Leverage set the highest your broker can give prefer 1:2000 Never use stop loss Preferable using extra profit capital only!!! Gold , Silver , GBPUSD , GBPJPY Setup Quasimodo, Kink King
TVC:GOLDLong
by UnknownUnicorn11356665