Best daily chart forex strategy

Many successful traders believe that identify the trend on the daily chart to be much easier than trading with 1 hour chart. Now I will show you the best daily chart forex strategy. 

First, Traders that are trading on a daily chart should be aware of the larger intraday swings of the market. They will need a significant amount of capital to begin. So I will deposit my forex live account with $100000.

Second, I will limit leverage and use smaller lot sizes. So that, I will use 0.01 to 0.02 lots with $3000.

what's more, I will decide the S/R levels and pick the low-risk entry points.

Here is a failure: I can't pick the low-risk points and decide the S/R levels.

The support level is 1.3750 on the weekly chart, but I set the sell limit order @ 1.3770.

EURAUD weekly chart from ctrader

The order book would look like this: 

• 2 March sell limit 0.01 @ 1.3770 (the worst entry points)
• 3 March sell limit 0.02 @ 1.3891
• 6 March sell limit 0.01 @ 1.3977
• 7 March close 0.01 @ 1.3891
• 10 March sell limit 0.01 @ 1.4076
• 13 March sell limit 0.01 @ 1.4169
• 13 March close 0.01 @ 1.4144
• 14 March close 0.01 @ 1.4071

Finally, the best daily chart forex strategy are deciding the S/R levels and remain the patient. Especially, I will pick the low-risk entries on the daily or weekly chart.