I recommend you try out this system using a demo account first before going live.
I will reveal the forex signal system for you straight away. A good way to exploit the full potential of this technique is to use an EA based exclusively on the strategy and one you should try out is IvyBot. The time period you should make use of it is the daily chart. You can use 50 pips as your stop loss and your target profit should be around 10, that is take profit. You can use this day forex trading signal system to make up to 10 pips every day if you really apply it the proper way.
I discovered this system not long ago and I make it use of it and you can make up to 10 pips plus using it everyday. This forex signal system also has its own downside. If you are unable to enter the trade using this strategy on time, you may not get anything out from it. I guess you know how many pips it is compared to the other pips you will collect with other of your forex signal system.
You should just select the currency pair of your choice and off you go. I am not a good fan of forex trading robot because all of them are just junks, but as for this it works. This is necessary for you to get the best way to exploit it very well. It does not need any indicator and it functions for all currency pairs. It has a winning rate of 97% since I started using it.
Though you can make something good out of it, but you should think of when you collect 10 pips up to 30 times in a way. If you dwelt the performance of this forex trading system, I urge you to test the history using the daily chart for the once that have gone and see for yourself. Whenever the first candlestick opens for the day (the day should be a new day) simply enter a buy opportunity and include about 30 pips to the opening price. I urge you to try it out. IvyBot is an automated forex trading robot which you can install and leave it to trade for you even while you are not there.
You should as well place sell stop with 30 pips deducted from the opening price. Do not just jump into live trading using it immediately; you need to try it out using a demo account first. This pip works with time, if you enter early into the market with this system you will be sure of getting something, but if you get late into the market you may not get anything from using it.
Don't even think of sitting on the fence on the Ivybot as it is indeed a brilliant and revolutionary tool: Download Ivybot Now