10 Pips A Day Easy! New Forex trading strategy.
Dear friend, let’s cut to the chase. Here’s the trading setup, entry rules, stop loss rules, and exit rules of this system. I truly believe it easy can potentially generate much more than 10 pips a day. But I’m sure like me, you’re probably sick of those unbelievable claims from the self-proclaimed Forex “GURUS”… You know, promises of 1000 pips a day, millions of dollars overnight…
10 Pips A Day Easy!
OK. Enough of my rants. Let’s get started right away:
In this system, we use 3 Forex indicators:
- 5-period Exponential Moving Average (EMA 5) applied to the Close.
- 12-period Exponential Moving Average (EMA 12) applied to the Close.
- 21-period RSI (RSI 21).
Entry Rules for Long Trades:
It’s simple. We enter a long trade when EMA 5 crosses EMA 12 to the upside. AND our RSI 21 > 50.
Entry Rules for Long Trades:
Enter short when EMA 5 crosses EMA 12 to the downside and RSI 21 < 50.
Stop loss = 20 – 30 pips… depending on the volatility of the currency pair. For more volatile pair, like GBP/USD, stop loss = 30 pips. For less volatile pair, like EUR/USD, use stop loss of 20 pips. This is strong Forex trading strategy.
Exit Rules for Long Trades:
Exit the trade when EMA 5 crosses back below EMA 12 OR RSI 21 < 50.
Exit Rules for Short Trades:
Exit our short trade when EMA 5 crosses above EMA 12 OR RSI 21 > 50 !
Do you want example? Take it!
Short Trade Example:
And Long Trade Example:
There you have it. A manual trading system for consistently making a conservative 10 pips a day. I hope you enjoy this short publication.
Oh, before I forget, I need to tell you something… That I think will benefit you tremendously. Especially if you’re new to Forex OR don’t have time to sit glued your monitor watching the market 24/7, OR if you’re just lazy (like me) and want an automated system that requires little work on your part.
My readers have been asking me for 5 years… to create an automated forex trading software… An autopilot system for “the little guys” – who have little capital… little time… or no patience… to trade Forex the old and boring way.
Our team of programmers and I have been developing it for 3 years. From our testing (back-test and forward-test), it can potentially make up to 465 pips ($4,650) each and every week…
And how many pips you make a day?
New Forex trading strategy.
Read also Forex 2 Easy posts:
- Scalping Forex System. Forex trading signals. M5 chart.
- MetaTrader expert advisor. Framework.
- Multiple Time Frame Forex Strategy.
- MetaTrader expert advisor. Phoenix.
- Forex Risks. Top 10 Forex Risks & example.
- The Forex Trend is your friend, sometimes!
- Forex scalping strategy. Examples.
- What is Forex Triangle Trading? Forex trading strategy 1.
- Automatic forex system trading.
- Forex Pairs Analysis. Which pair to trade?


















