DIAD EURUSD 30 Jan 17 Strong Support rejection +200 Pc
This transaction was based on a simple bounce of strong horizontal support.
After 3 top-ups it reached a +180 target resulting in a 200% gain !!
It is important to use pending orders for this type of trade. The Double in a Day EA allows for price level entries which does the job.
5% was risked to generate 200%. a return on risk of 40 times the amount risked. It also means you if you 1 winner out of 40 lossers you will break-even
The more you learn about the Forex market the luckier you will become.
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