> you make 1 trade per day on the EURUSD
> your "day" ends at 4:59EST and starts at 5pm EST
> use 60 minute chart with the MACD and RSI on the chart
> each day at 5pm EST you start watching the chart. it may take hours and hours of watching the chart, but keep watching until the high or low for the day has been hit.
> as soon as the daily high or low has been hit on the 60 minute charts, switch to your 1 minute charts. if the daily high or low has also been hit on the 1 minute chart, the signal is confirmed.
> after the signal is confirmed enter the trade immediately. if it is the high for the day that has been hit, go short. if it is the daily low that has been hit, go long.
> set stop loss of 15 pips and a profit target of 25 pips.
> your "day" ends at 4:59EST and starts at 5pm EST
> use 60 minute chart with the MACD and RSI on the chart
> each day at 5pm EST you start watching the chart. it may take hours and hours of watching the chart, but keep watching until the high or low for the day has been hit.
> as soon as the daily high or low has been hit on the 60 minute charts, switch to your 1 minute charts. if the daily high or low has also been hit on the 1 minute chart, the signal is confirmed.
> after the signal is confirmed enter the trade immediately. if it is the high for the day that has been hit, go short. if it is the daily low that has been hit, go long.
> set stop loss of 15 pips and a profit target of 25 pips.
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