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What is a 50 pips a day Forex strategy?
The 50 pips a day Forex strategy is an overall strategy that works in single hour intervals and aims at taking advantage of about 50% of a currency pairs’ daily movement. This type of strategy also aims at working with a select few currency pairs. These pairs include GBP/USD and EUR/USD. The 50 pips a day Forex strategy is very simple in design and is considered a day trading strategy.
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