The daily method / Strategy

That’s it, easy and straightforward. You only need spend a maximum of 10 mins or less per day. Wait for the open of the daily bar and follow those simple rules.
Now, you may place your stop loss 200 pips away. If it’s a buy, you may want to take half the profit to the nearest swing high letting the remaining run while decreasing your stop loss to about 40 pips above your initial entry.
As for the risk to reward ratio, this daily method can rack up great gains, however it needs good money management, hence the reason you may be interested to use the example above to collect your profit.
In the example above, we risked 200pips to make 1500pips in 9 trading days.
If you were trading a standard lot, this would have been a nice $15,000. Not bad for 9 days of work.
Happy trading!