forex "10 points on the EURUSD» Strategy

forex "10 points on the EURUSD» strategy has countless varieties and how it is similar to Session Breakout strategy and employ many professional traders on it, so if you combine it with proper risk management, it is possible to achieve very good results when trading the forex .

• For trade I recommend to choose Forex Broker with Metatrader 4 trading platform.
  The essence of forex "10 points on the EURUSD» strategy as follows:
  The basis of the strategy berutsja breakdowns of the high and low of the previous trading day. Most of the traders believed that if breached the previous day's level, the price will go up, and vice versa for the minimum.
  
  On this basis, usually these two ekstemumu used again Most of the forex traders as a stop-loss orders. Therefore, given this fact - if the price breaks the previous day, the stop-loss will work, and because of this price movement, the forex market will continue for some number of points. Accordingly, to the maximum - really the same rule, only in the side of the shop!
  
  Knowing these facts, we will earn profits if a deal to buy open, the breakdown of the previous day and for sale, in the breakdown of the previous day.
  
  But because another category of FOREX traders use the same two points as the level of support and resistance, the price does not always move in the direction of penetration of the maximum and minimum of the last days - respectively there is a need to use a fixed stop-loss value.
  
  Recommended currency pair: EURUSD
  
  Exhibited pending orders are valid from 00.00 GMT to 00.00 GMT on the following day.
  
  1. Expose at 00.00 GMT 2 pending orders - 1 Bai (above maxim previous day +2 points) and 1 to Sell (below the low of the previous day - 2 points).
  2. Set the Take-profit - 10 pips.
  3. The safety stop-loss order - 30 pips.
  5. An important feature: you need to pay attention ONLY to 1st crossing the high or low during the trading day (ie, if the pending orders closed by stop-loss or profit, then more orders in this day exhibit!)
  
  Recommended risk - 2% -5% of the deposit for each transaction.