Forex Training For Competition

Sunday, March 29, 2009

Simple system win. I'm testing my trading strategy for the next coming
competition organized by Instaforex broker. I manage to make profits
consistently for the whole week. The only indicator that I used is a simple
20 period moving average. Maximum take profits level is 25 pips, and
10 pips minimum.

There is no stop lost. I've put out the losing trade manually.
So, I trade the range instead of trading the trend. So far, I've lost two trades.
Started with USD 1000 cents initial deposit, I manage to grow it up to
USD 3000++ cents in one week. So, if I'm using the standard account,
that's 3000 USD in one week, which is a huge profits for retail investor
like me. I'll try to keep it up.

Learn to trade like a pro, http://www.babypips.com

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