BETRAS SWING TRADING PLAN 2012
http://betrastrade.blogspoTrade EURUSD 60min, GBPJPY 30min, EURAUD 30min, USDCHF 30min, USDJPY 30min, NZDUSD 60min and AUDUSD 60min. "please update your trade management software". BUY STOP: Do key level adjustment (00' and 05' level and adding the spread with 1 tp 2 pips extra). SELL STOP no need KEY Level adjustment, just adjust to 00' and 05" level only ..
Trading Plan.
1. Take the set up that is still valid at (6.00am SGT in the morning or 6.00pm EST in the evening)
2. Take the set up that still not trigger or less then 20% toward target 1 and the entry need to be adjusted at below swing or upper swing at the 20% toward target
3. do key level adjustment for buy stop only and adjust to "00" and "05" level only for sell stop.
4. Take target 1 only.
5. account more the USD1000 dont trade with 5% risk, you will be physiologically effected.
6. When your trade time zone is end, shut down your computer and walk away, check the progress once or twice only, if the trade 90% toward your target move stoploss to profit zone or you can close the trade.
7. Please up date your risk and money management software under the currencies slide and add up the additional pairs and the value