high-low method

This is some simple method.but used it wisely.

- Draw a horizontal line from the first tick of the day,
- BUY Stop 10 pips above the line.
- SELL stop 10 pips below the line for the same pair.
- Stop Loss 25 pips
- Take profit the next day(with out TP),Or 30-50 pips.
- Trade as many pairs as I could ( I traded 10 pairs )
- Every day I made more than 200 pips from all trading, but the biggest one I got
from Gbp/Jpn.

But I don't want you to do that ! That's only my "bad" experience last time. What I sometimes still do until today is:

- To draw a line on yesterday highest
- To draw a second line on yesterday lowest.
- Easier to use daily chart.
- Buy Stop at yesterday highest
- Sell Stop at yesterday lowest
- Stop Loss 50 pips.
- That's all.

I traded just to refresh my mind and to prove that everybody can make pips with a very simple tricks, including you. He...he...he...

You wanna do that ? Look at your chart and draw a line on the previous day high and low, you will get the answer.

Happy trading