I am doing a 30 day papper tradeing challenge. I will be only trading the following pairs, EUR/USD, CAD/JPY, & GBP/AUD. .
I will only be trading based off of price action using the higher high/higher (lower low lower close) close theroy. I have set my paper account to $3000. I will do my analysis and trading from the 1hr time frame. Risk to reward must be at least 1:1 I will only trade 1,000 lot size Stop loss will be swing high/low plu/minus 10 pips Target will be at retest of previouse swing high/low
I will only be placing trades from 6am to 10am CST Monday thru Friday