GBP/UDS

At 5PM EST:
1: Close out any open positions
2: Cancel any unexecuted orders
3: Set an Entry Buy order 1 pip above previous high
4: Set an Entry Sell order 1 pip below previous low
5: Set stops and limits using the followign guidelines:

50 pip profit target, 25pip stoploss if ADR ABOVE200
40pip profit target, 20stoploss if ADR BETWEEN 175 and 199
30pip profit target, 15stoploss if ADRBELOW 175

Do no trade if ADR is below 100

How to calculate ADR
It may be easiest to use an excel spread sheet for this.
Take the H/L for each day, for the past 14 dahs.
For each day list the amount of pip’s ebtween the H and L
Example. H = 1.5623 L = 1.5586
5623 – 5486 = 137
Add the total amount of ppi’s for all 14 days and divide it by 14.
This will gige you the average daily range.

Average ipps: +250 – +300 per month.
Max drawdown since 2008:175 pips.

Have more profits. Best regards.