Simple Daily Straddling System

[gawatgtt]

Firstly you look at a daily candlestick chart and find the pair which may have more volatility.
After the New York close before Australia opens you make the limit orders. 30 pips below the current price sell and 30 pips above the current price buy order.Stop loss and take profit limits are 20 pips.After one of the orders execute you cancel the other limit order.If one of the orders execute and nothing happens you close the order before the New York close.
For a more volatile pair like GBP/USD you can make the orders 40 pips far and 30 pips take profit limit/stop loss.

[صلاح زينة]

After the New York close before Australia opens you make the limit orders. 30 pips below the current price sell and 30 pips above the current price buy order.Stop loss and take profit limits are 20 pips.After you take your 20 pips profit you cancel the other limit order.If one of the orders execute and nothing happens you close the orders before the New York close. For a more volatile pair like GBP/USD you can make the orders 40 pips far and 30 pips take profit limit/stop loss.

هذا النظام ليس سوى طلقة في الظلام ، إذا ضربتك ، إذا اشتقت إليك ... إذا كنت محظوظًا ، فستحصل على بعض الصفقات المحتملة في البداية ، إذا لم يكن كذلك ، فسيتم مسح حسابك. هناك أفضل أنظمة نهاية اليوم المتوفرة في هذا المنتدى مع نتائج مثبتة باختبار الظهر ، جربها

[Ktyrt0]

I have used this system but never got any consistent results. Some days both orders get filled and both get stopped out.

[Luisagm86]

Any results for your system, do you have an EA to backtest it? It sounds interesting and would like to experiment with different opening levels and TP and SL. Regards

[ttowetpk88]

Saw similar system somewhere, but with only 10 pips above or below.

[gawatgtt]

It's a straddling system as the name shows.You can't expect a such complex system when it comes straddling.But if you look at the charts before orders you can increase the probability of profit.If one of the orders execute it has a very high probability of taking the profit.At least when it executes you cancel the other order.So there is no probability of losing the two orders.If one of your orders execute it has an at least more than P profit probability and this is good for long term.