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Daily20pip Forex Trading System

July 27th, 2010 | email this | digg it | trackback | comment RSS feed

Posted by Doji Published in Forex Strategy

The Daily20p (D20p) forex trading system is a once a day system trading the GBP a bit before the opening of the London market. It is a breakout system based on the daily pivot point. There are some days that are “No Trade” days, as the Entry Levels do not get hit. The TradeTimes for the D20p system are from 0600 to 1700 London time. And how about method? There are two methods of entering a trade by the D20p system. 1. “Follow-the-Price” (FTP) method. This is what is considered the basic, and safest, method.
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