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The Way - news trading system (The Way - news trading system)

author EAcpu | 2 reads | 0 comments |
This is the 10% weekly income entry:
The EA places 10 pips pending on the two different sympol pairs to be traded at the selected news time.
Trading News - No Euro news. Use the cashbackforex.com Economic News Analyzer to identify peak news in the last 4 news instances.

MM-
The risk for the three pairs of other news is 1.5% each, and the risk for special news (NFP, employment and interest rate news) is 2%.
There is no stop loss, but the loss is automatically recovered by placing a counter order at 23 points after the news trade is entered.
When the profit from the automatic loss recovery trade equals the loss from the news trade for non-special news, close the automatic loss recovery trade. For special news, close the auto loss recovery trade to obtain a profit of 15 pips. After entering x, y, z points, take profit at the next Fib level.
Other News Breakeven point is 10 pips except Non-Farm Payrolls, Employment and Rates News Trailing Stop with Levelstop indy - Close half position after close of 1 min candle above/below levelstop indy Re-entry/additional entry using PA retracements or retracements to the middle of the Bollinger Bands and special entry points back above/below the BB upper track.
quit:
Use 1SSRC or Vertex indi
- Surgyfx is my EA, welcome to try making EA.

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