Posts Tagged gbpusd trading system
As I mentioned in a previous post, I like set-and-forget trading systems as they allow me the most important asset of all, 'time'... you simply put in your orders and off you go about your day. You can log in later or the following day and see how your trades have done. There's minimal to do and so long as it's a system with a winning edge, you should find over time that your account is in profit.
One simple and easy set-and-forget trading system I found on the web is the one at www.daily20pi
March 30, 2011
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![GBPUSD trading system today]()
I was a little bit disappointed with how the 4-to-7 GBPUSD system worked today... my short was around 14727 and it didn't really go anywhere.. it just went and hit my stop exactly before it reversed and it would have made 30 pips.
The long trade did activate and get my 30 pips but I still ended up 20 pips down.
June 22, 2010
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![Nice day for the 4-to-7 trading system.. not so nice for me]()
The chart is show above.. the upper and lower lines are at 14937 and the lower line 14844. This looks like simple short for profits.
It was.. however, for me, I didn't wait until 7am finished and my first trade was a long at 14927 which obviously ended in a loss!
The loss was 50 pips and my gain on the short was 30 pips.. totalling -20 for the day!
June 21, 2010
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