Published:  June 03,  2019 1:10 pm est


by Tom Kadale,
Contributor Market Analyst
NewsmovesMarketsForex

GBPCHFRates by TradingView

Can you make money trading FX while sleeping? That’s exactly what happened to me last night when our algo delivered an alert signal to SELL GBPCHF.

I just followed our rules before nodding off and, presto, woke up to a nice outcome. Here’s what happened… Last night I was working late while prepping our next online FX class for June 2.

It was about 1:20am EST when our algo emailed this signal. I noticed it was an H4 signal, which usually comes with a longer shelf life, so I finished up what I was doing before placing my trades.

There was no need to rush. If it had been an M15, I would have moved sooner. In the same systematic way that we teach our students, I fixed my Trading Intuition Score to a comfortable and conservative #37, …or up to 3 lots at the MARKET and 7 lots at the LIMIT. Since I was headed to bed,

I only had time to enter 1 lot at the MARKET. I was instantly filled above the LAST quote. I then entered my 7 lots at the LIMIT exactly as provided to me by our algo.

Then I went to bed, slept like a baby, got up, checked my phone and was pleasantly surprised to see the price action had pulled high enough to fill my LIMIT order and low enough to close both trades out at a profit.

Trade FX differently. Find out how at RagingFX.com

 

 

 

 

 

 

Algo Forex Trades GBP CHF June 03, 2019
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Mr. Kadala is an internationally recognized writer, speaker, and facilitator on topics related to FOREX trading. He is also the founder of RagingFX(r), a self-learning algorithm that generates FX signals for its online subscribers – RagingFX.com.
 

From the RagingFX Trading Desk… Tom Kadale, Forex Algorithm engineer RagingFx.com and Guest Contributor Market Analyst for NewsmovesmarketsForex

 

 

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