20 pips per day

 20 Pips per Day’ is a simple, free Forex scalping strategy. As you will deduce from the name, the strategy allows you to make 20 pips per day.
Description of Forex Scalping Strategy “20 Pips per Day” 1. You can open transactions with this Forex strategy only after 11:00 GMT 22 :00 GMT . It is very important to look through the news calendar beforehand to check if there is some important news for today 3. If a release of important news is planned for today, you should only open a transaction once this news has been released. It should be noted that this rule also applies to any other trading strategy, because many Forex strategies react after the release of important economic data . If there is no important news, you should trade from 12:30 GMT 5.
Time Frame 30 min.
Forex indicators
Simple Moving Average 20 period, close.
Momentum 30 period, close.
Currency pairs: majors.
‘20 Pips per Day’, as well as many other Forex trading strategies, can bring more profit when using high volatility trading instruments .
Trading rules
Buy
A buy trade should be opened when a candle closes above SMA (20) and the momentum indicator is above 100 level.
Sell
A sell trade should be opened when a candle closes above SMA (20) and the momentum indicator is below 100 level.
Initial stop loss 20 pips , after 15 pips in gain move stop at the breakeven.
Profit target 20 pips.
In the charts below examples of trades.
20 pips per day

20 pips per day

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