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