Wednesday, May 2, 2018

Strategy Update

1. Trade only on Mon Tue Wed Thu 2359hrs, AUD/USD, IG trading platform. No trade on days before Sat/Public Holiday.

2. Same direction as the day's close.

3. 10pip limit, 50pip stop loss.

4. Cut loss once the colour changes except for Friday (since no trading on Friday allowed).

5. If day's close is less than 30 pips off the mark, can hold for a recovery within 2 weeks (back tested 8 months).

Pros: zero checking required, literally 5mins trading a day, 3 days a week.

Let's go!

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