Thursday 5 February 2009

double retraces for 2009/02/04

using Strategy B to test the market, the martingale ea opened up to lot 0.64 for the 1st retrace (UK session start) and opened up to lot 10.24 for the 2nd retrace (-150 points down, US session)...

Monday 2 February 2009

new strategy; pips = 15 takeprofit = 30

since previous strategy (pips 10, tp 20) fails to survive during US session, i have come out with a better and safer strategy...
1) capital = usd3000
2) initial lot = 0.01 (InstaFX)
3) account = eurica (1 pip = 1 cent)
4) leverage = 1:500
5) target = 20-50usd daily (10-30% monthly)
6) martingale ea setting pips = 15
7) martingale ea setting takeprofit = 30
8) pair = EUR/GBP