Hedging during GBP Market Time

[klhh]

hi klhh

based on your strategy above, in the case the price moves 150pips in one candle (without any retracement), what will happen

It is more good and more fast to hit your target. Based on my attached picture, let's say straight away raise 90pips without retracement:

LET'S SAY THE PRICE UNTIL 1.5590
total kena SL= S1, S2, S3, S4, S5, S6, S7, S8, S9= -90PIPS
total open position= B1, B2, B3, B4, B5, B6, B7, B8, B9
=90+80+70+60+50+40+30+20+10=450PIPS
NET PTOFIT=450-90=360PIPS

But my target is 1% of my capital, let's say my capital is 1000pips, when the equity is 1010pips, I will close all open orders and pending orders.

Why I choose GBP market time because this market is most active.

 

[klhh]

Today's gain. My modal is 87000usd, todays gain 2088usd(2.4%).
Today I found out that I change my pending order in order to eliminate exceed order to save spread. So 2% for 1 day is sure!!! I will explain it with SS later

 

[klhh]

Based on both attached pictures, new method earn 70pips, old method earn 60pips with both same movements. By the way, new method lesser open orders and pending orders than old method, it means that we save more spreads and more efficient. So our daily target can be up to 2% per day

 

[KoLaTox]

for new method, 1st step u opened 2 post?

 

[klhh]

for new method, 1st step u opened 2 post?

yes 2 buy at the same time and same lot size.

cos start price raise to 1.5520 from 1.5510

If start price drop from 1.5510 to 1.5500 then open 2 sell at 1.5500 with same lot size

 

[iffan]

i follow....

 

[klhh]

Today hit target again 2047usd,before hit target, my account balance is 89122.7usd, so today profit is 2.2968%.
Don.t know why I cannot upload the SS, I will try again later

 

[klhh]

 

[najibzkl]

teknik baru i folooo... =)

 

[klhh]

Today target hit again almost 2% (1820usd) of capital (before hit target's capital was 91169.7usd).