Recent content by xyzflash

If you are seeking to make profits on an hourly or on a daily basis, I can only assume that you have to trade on a lower time frame. Even though scalping might be a viable and profitable trading method, it is nonetheless difficult to profit consistently every day what more every hour. On top...

The short answer is no. You do not get an instant 200 pips profit because you do not have a trade position in the first place. If the scenario you described really happened, then you would end up with a Long position with an entry at 1.2300 instead of 1.2100. This is reason why you have to be...