The Daily Limit Strategy
What is the Daily Limit Strategy?
The Daily Limit Strategy is a daily trading signal released by IntegrityFXPlus.com designed to help aid traders in recognizing and potentially take advantage of market momentum within the EURUSD and GBPUSD pairs. The strategy holds very conservative risk management rules and is intended to work best in trending markets.
Each day, Monday-Thursday, the Daily Limit Strategy releases a pending limit order signal, complete with direction, entry price, take profit, and stop loss.
What is the Style of Trading?
The Daily Limit employs medium-term trading, based mostly on technical analysis with some discretionary fundamental analysis. Most trades are, as the name implies, signals that last no longer than one day.
How Do I Follow the Daily Limit Signal and What Does it Cost?
We use social networking sites Twitter.com and Facebook.com to release our trade signals to our followers for FREE! This allows our followers to easily receive our signals on their mobile phone, into their email, or through an RSS feed.
For more information on how to follow IntegrityFXPlus signals, please click here.
Daily Limit Instructions:
Monday – EURUSD limit order is released. Close the trade if the pending order has not been triggered by Tuesday night at 23:00 GMT. If the trade is triggered but it does not reach the Take Profit or Stop Loss, then close the trade by Tuesday night at 23:00 GMT unless otherwise noted.
Tuesday – GBPUSD and EURUSD limit orders are released. Close the trade if the pending order has not been triggered by Wednesday night at 23:00 GMT. If the trade is triggered but it does not reach the Take Profit or Stop Loss, then close the trade by Wednesday night at 23:00 GMT unless otherwise noted.
Wednesday – GBPUSD and EURUSD limit orders are released. Close the trade if the pending order has not been triggered by Thursday night at 23:00 GMT. If the trade is triggered but it does not reach the Take Profit or Stop Loss, then close the trade by Thursday night at 23:00 GMT unless otherwise noted.
Thursday – GBPUSD limit order is released. Close the trade if the pending order has not been triggered by Friday night at 23:00 GMT. If the trade is triggered but it does not close due to the Take Profit or Stop Loss, then close the trade by Friday night at 23:00 GMT unless otherwise noted.
