1 Minute Daily Forex Trading Strategy

What it's about:

Review update: I have stopped trading this strategy. It did pretty well in the beginning but then I started losing. I will leave it for a while and then start trading with it a bit later. 

It's a forex trading strategy based on breakouts when the London session opens. It's easy to learn and setup. The creators of the system also created an Expert Adviser or EA  that you can load on the Metatrader 4 platform and the strategy will be traded automatically.

I would advise you to first test the EA on a demo account for a month or two before going live. If you're not familiar with forex trading then I suggest you first do a course or two on the subject. There are excellent free resources on the web like babypips.com. They offer a very cool trading course on forex which takes you from beginner to actually knowing something about forex trading. I highly recommend them and it's free!.

I trade the 1 minute daily strategy live and I use the EA. Sometimes I win sometimes I loose. That's just the way forex trading is.

It includes the following:

  • Strategy that's easy to learn.
  • Comes with documentation that explains the system in detail.
  • Place your trades at specific times each day and it only takes 1 minute.
  • Comes with an EA that will automatically place the trades for you.

What I like:

The system is easy to learn. The documentation that comes with the strategy is clear and easy to read. After you install the indicator you just wait for a specific time and place your orders. The strategy also tells you exactly where to put your stop loss and take profit entries.

I also like the EA. If you don't have time to trade during the day, you simply load the EA and it trades for you. Well, all most. The EA comes with an eBook that tells you how to optimize the EA for best results. Use this information and like with any forex strategy or EA, demo trade until you are comfortable with the results before you go live. They also give you back test data on how well the strategy performed in the past.

What I don't like:

I have to make one thing very clear!
This not a perfect system. There will be times when this strategy will loose you money. It's a fact. This strategy will sometimes give you a draw down of 30%. Be warned. Forex trading is not for everyone. Trading live money on the forex market can be very stressful. I have learnt this the hard way. If you are new to forex trading, rather have a look at my other online money making ventures before you look at this strategy or forex trading.

I got a bit lost when setting up the EA. There are a lot of parameters that confused me in the beginning but after I spent some time reading the manual, that came with the EA, things got more clearer. The cool thing about all the parameters is the fact that you can optimize just about anything you want.

Whether it's the start time or lots or stop loss.... I can go on and on. Anyway, just be careful, there are a lot off parameters.  

Where can I get it:

Click HERE or click any of the banners on this page. It will take you straight to the website.