100 Pips Daily- Set & Forget strategy (by Karl Dittmann)
If you are a day trader and have minimal time, you might want to download the following strategy PDF of 100 pips daily set & forget (by Dittmann).
Forex is 1st about risk control (lot size & stop losses).
This PDF is 18 pages and free online.
You can try this strategy as is or change it to your own personal choices.
I would use only forex pairs with a high ATR (average true ranges) like GBP, JPY, and EUR pairs, but others might work for your times of trading. This is simply one time per day easy to set up one day trade per day set up, which will allow you to work, etc... with minimum chart watching.
This takes advantage of low volume on Asian sessions and then having the London/NY sessions move or trend in one direction for the rest of the day.
Forex is 1st about risk control (lot size & stop losses).
This PDF is 18 pages and free online.
You can try this strategy as is or change it to your own personal choices.
I would use only forex pairs with a high ATR (average true ranges) like GBP, JPY, and EUR pairs, but others might work for your times of trading. This is simply one time per day easy to set up one day trade per day set up, which will allow you to work, etc... with minimum chart watching.
This takes advantage of low volume on Asian sessions and then having the London/NY sessions move or trend in one direction for the rest of the day.