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This forex strategy aims to achieve a minimum daily profit of 1% while capping the maximum drawdown at 10%, without using hedging or martingale techniques. It focuses on major currency pairs and employs a disciplined risk management approach, using technical indicators like moving averages, RSI, and ATR to guide entry and exit points. By risking a fixed percentage of capital per trade and setting strict stop-loss orders, the strategy ensures controlled exposure to potential losses. Consistent review and adjustment based on market conditions are essential, along with maintaining a trading journal to refine the approach over time. This balanced methodology seeks to achieve steady profits while managing risk effectively.
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