We are providing 2 types of Forex Signals today.
- One based on the Best Forex Entry Technique (click here for details > THE BEST) and
- One based on Double in a Day trading (click here for details > DIAD )
Click here for more information on how to use these signals Daily Signals
The Best Forex Signal – 17 February 2017
This signal is based on the chart below. To see how the BEST Forex entry technique works please use this link: BEST ENTRIES
No signals on the 4 hour so the daily was used: This is the EURGBP Daily
Buy the EURGBP at 0.85557 with a stop of 0.84991 and a target of 0.86079 risking no more than 2% of your account
Result: Still trading
The Double in a Day EA Analysis
The Chart below is provided for educational purposes and for debate.
The entries are meant for use by the Double in a Day EA for entries using a 100 pip target strategy and 3 top ups. The chart shows possible ways of trading to catch Double in a Day trades.
DO NOT TRADE THIS AS A “NORMAL” TRADE – They are only meant for the DIAD EA
Expect a high failure rate as the Double in a Day has a 1 in 20 trades break-even statistic. +/- 30% of trades are likely to break-even.
Please do not use these signals on live accounts when trading the Double in a Day EA. Use them on a demo account to build a DIAD track record. Add some of your own to compare your success rate.
Today’s Chart:
Result – nice strong break