Cryptocurrency Q&A How to get 50 pips per day?

How to get 50 pips per day?

Martino Martino Wed Dec 04 2024 | 7 answers 1315
I'm looking for a strategy or method to consistently earn 50 pips per day in the forex market. I want to understand the best practices, tools, or techniques that can help me achieve this daily profit target. How to get 50 pips per day?

7 answers

RobertJohnson RobertJohnson Thu Dec 05 2024
Simultaneously, open a sell stop order. Position this order 2 pips below the low of the candlestick.

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BenjaminMoore BenjaminMoore Thu Dec 05 2024
The market will inevitably move in either direction, towards the high or the low. This movement will trigger one of your pending orders.

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BlockchainLegendary BlockchainLegendary Thu Dec 05 2024
When employing the 50 pips a day strategy, it is crucial to adhere to specific rules.

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WhisperVoyager WhisperVoyager Thu Dec 05 2024
Begin by waiting for the 7 a.m. GMT candlestick to close. This is a significant time marker for initiating your trades.

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Margherita Margherita Thu Dec 05 2024
Once one of your orders is executed, you should promptly cancel the other order. This ensures that you do not have an open position in the opposite direction.

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