A few days back, I had written a post about Millionaire Traders: Ordinary people who made fortunes trading forex. I talked about Hoosain Harneker: The 10 pips a day trader. He just makes 10 pips daily and has made a fortune trading forex over the years. Now you can also practice making 10 pips daily with this simple forex trading system. First practice how to use these indicators on your demo account. Once you get the feel of it and start making 10 pips with each trade than you can switch over to live trading.

Here’s the trading setup, entry rules, stop loss rules, and exit rules of this system. I truly believe it can potentially generate much more than 10 pips a day…but I’m sure like me, you’re probably sick of those unbelievable claims from the self-proclaimed forex ‘gurus’… You know, promises of 1000 pips a day… trillions of dollars overnight… OK, enough of my rants. Let’s get started right away: