Monday, October 22, 2007

my favourite trading strategy - Blessing

Blessing strategy is basically buy and sell same pair at the same time. This strategy is basically start as hedging.

example:
buy eur/usd at 1.3400 tp 20 pip
sell eur/usd at 1.3400 tp 20 pip

if price goes up to 1.3420, buy is closed, new sell open with diffrent lot size (multilot). new buy is also opened.

This is a very profitable strategy but also very high risk and high margin consumption, but almost a complete strategy which is more suitable for fulltime traders.

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