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Best Forex Sniper EA


msnfx

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  • 3 months later...

Re: 65% Profit in Less Than 1 Month

 

Anyone trade this with Real Money Profitably???

I'm testing this EA last two months and I managed to get some good results.

Point is to use pairs with mid-high daily range (like AUDCAD ~100pips, EURGBP ~80, NZDUSD ~75, USDJPY ~110). I used no more than 2 pairs in same time, because it could be too risky for margin call if more than two pairs reach 6 or more trades in same time. Month return with EURGBP + AUDCAD was ~50%, USDJPY + AUDCAD ~80%. Anyway, you should do homework by yourself and decide which pairs and risk level is best for you. At the end, you can even go only with one pair (like USDJPY, month return was 45%), and put risk level to minimum.

 

GBPUSD is quite risky because it have usual daily range approximately 160-170 pips (which is okay), but problem with it is when breakout happens and price moves more than 200 without retrace of 33 pips. For trading with GBPUSD you will need bit larger margin to start with ($3000+) and to trade only that pair.

 

Testing was done on live and demo accounts ($1000 account balance, 1:500 leverage, mini lots)All trades were the same on demo and live. Of course, its important to have decent broker...

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