Cryptocurrency Q&A
How to get 10 pips daily?
How to get 10 pips daily?
Tommaso
Thu Dec 26 2024
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7 answers
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I'm trying to find a strategy to consistently earn 10 pips per day in the forex market. I want to understand the best practices, techniques, or tools that can help me achieve this goal.
7 answers
alexander_jackson_athlete
Sat Dec 28 2024
The concept of the 10 Pips a Day Forex Strategy revolves around setting a predefined limit for losing trades before halting trading activities.
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Chloe_jackson_athlete
Sat Dec 28 2024
This strategy emphasizes risk management, ensuring traders do not exceed their tolerance for losses.
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Bianca
Sat Dec 28 2024
To execute sells according to this strategy, one should look for specific technical indicators. Specifically, when the 5-period EMA crosses below the 12-period EMA on the downside and the RSI falls below 50, it's a signal to sell.
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DongdaemunTrendsetting
Sat Dec 28 2024
Conversely, buying opportunities arise when the 5-period EMA crosses above the 12-period EMA on the upside, accompanied by an RSI reading above 51.
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amelia_doe_explorer
Fri Dec 27 2024
The use of technical indicators like EMAs and RSI helps traders identify trends and momentum in the market.
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