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Forex Strategy “Profit v.2”

Forex Strategy “Profit v.2”

This strategy is recommended to utilize with the trade system currency pair GBPUSD because of its volatility. The trade is 0.1 lot for each $400 deposit.

At the opening of the European session put two pending orders:

  • Stop-Loss (installed at the minimum price) and BuyStop (installed at the maximum price).

If at the moment of the trade order, at 10:30 Moscow time, the price equates the minimum price of the day or the current price value, then the least possible distance should be set to the pending order from the market price. It is usually 3.10 points. Otherwise one should wait for the rollback of the price and then install the order or open immediately the position of trade at the market price.

If at the moment of installing the pending order the difference in price is more than 50 – 70 points between the maximum and the minimum price then one should not trade during this day at all. It is best to sell if the Take Profit trend is from 20 – 30 points.


Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. 


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