i agree with your statement about the greedy. many traders loss and got margin calls because they are too greedy, using big lot and want to get big profits without notice the money management... same with this strategy, we must notice MM
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very good indicator should I try to download a license for my first test on a demo account so I can understand how those indicators allow me to thank you
ok guys, download the indicator and attach it to the chart, in demo account first... you can backtest with my indicator, get the feeling to use my indicator and you will get profit... it's simple and profitable
yeah, we trade based on price, 80 and 20 are stronger than 00, 50... but they all profitable...
System which I think is very good. Sir can you upload all the pictures on this system? I want to pay attention to signals for each day with a master guide. I still do not really know about forex trading is always even defeat in the period of 2 years until now. Please help me
Ok guys, in this strategy, we learn to trade not stressed and happily... i have uploaded the indicator, you may download and attach it and you can backtest how this strategy will give you profit and big profit... i hope you will enjoy with it and your life will be changed... ok, maybe download it first and look at your chart. if you have any questions, i will answer and help you...
hi
used this strategy to get profits although the trend is downtrend,, without look at the chart my pending orders touched and i get
profit some pips this strateg look very good and continue getting profit thank for share this strategy.
hi friends, i am very happy if you want to try this strategy and you have gotten profit with this technique. What you said is true, without look at the chart, only put pending orders we can get profits... may i ask you ? what pair do you trade with this technique ?
yar mauaja ap ke post boht passand aye ha agr ap jasa expert hamara laya asi posting karan ga to hama boht fadia ho ga es laya main na boht pahra ka or full analysis kar ka phar main trading karoon ga es laya mai abi apana kanowledge gain kar raha hooon es laya main na ya forum chose ka ah,
to prove my strategy good and profitable, here i show you some pairs that give me profit.... PO at outside magenta colors will give you profit 10 pips each. OK these are the pictures..
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hi bro, i've been trying this strategy for a few days, and the result was not bad :)
today i get 11 pips from NZDUSD.
i get my 1st buy PO hit at 0.8020, then i set SL+1 and TP+20 (just testing if it could get to 0.8040) :D
but then the SL got hit :(
because the price hasn't hit 0.8030 (target of TP+10), then i set a buy PO again, with TP+10 this time.
finally, the 2nd chance made a result, 10 pips :D
but i have a question regarding how to set a PO:
from that pic, we can see that on april 27th, price touched 0.9800. but if we set a buy PO there, i don't think it would be hit, because it seems that price didn't touch 0.9797 (i have 3 pips spread).
sooo, how about we set a PO a lil higher, let's call 0.9803 and TP @ 0.9810? that would make a profit even we get 7 pips instead 10 pips..
is it flexible and i mean that we can use it for all condition, because we know that sometimes the market move with faster and high fluctuation more than 100 pips..i still do not understand with this
what flexible and what condition do you mean?
yes we know that sometimes the market move more than a hundred pips. that's why the strategy gives a restricted room, which is 75 pips up and 75 pips down from the opening price. so that will give us a chance to take the countertrend..
bahi jan mauaj lagta ha ap ko boht ahchi or best strategy ha lakin mauja lagta ha ap ya strategy used karta ho lakin main ya bat bilkul be nahi manta hoon k trading main ap ak eh bar main boht sara profit earned kar skata hoo or mauaja be ya strategy apne para ge .
I did a backtest and please tell me if these would have been losses:
Dec. 15 2011 EURCHF 1.2300 is a buy limit?
and also september 6 2011 could have been a very big loss without stop loss.
and please check also eurusd on may 5 2011
in the end of the years, the market cannot be predicted clearly. it usually makes many traders cannot know the trend is, downtrend or uptrend. so i don't suggest you to trade at that time.
i have checked eu at may 5 2011, the price didn't touched our TP. use SL 200 pips, so that if the price didn't touched our TP, our SL touched... maybe we can look at the fundamental at that time..
Putting 200 pips SL? why how much capital do you have that you can afford to put 200 pips SL? Just imagine right now eur/usd daily average volatility is only 125 pips and your SL is 200 pips? that means your totally of timing. Because you must always be at more or less in 30% of the daily volatility.
But same time if you are planning of long term trading then I guess 200 pips SL is okpay. But the big question is what is your strategy?
yeah, i mean 200 pips SL, we play counter trend 4 level, if the price follow the trend and our PO have touched, we can wait for 200 pips SL, because the price usually touchs TP 10 pips, although our OP is floating... you can see the chart and find out what i mean..
i think TS here usea very big capital. or even use not so big capital, but he use smallest lot. as we can see from the pictures before, he made many position in many pair..
perhaps, if we use 200 pips SL, but that's very rare moment. in the mean time, we can obtain many pips from 10 pips TP on those many pair. so, in the end profit is still bigger than loss :)
hello, I see in the picture there are two magenta lines that we follow the line where the top or the bottom?
There are two magenta lines, of two lines which we use as a handle, I mean if the price of 00.50, 80 and so on are under the line which we will gukanan that at that price we open our order?
because there are two lines at the same magenta color so it's very confusing for the open position, if we open with a hold on the top line of magenta or the under? which of the two horijon magenta line that you use to perform the opening price is below the first line of magenta or magenta line below the second to open or buy a magenta line above the first or the second to open the cell? please give me an explanation because the system is very interesting to follow.
maybe i'll help to explain.. two magenta lines work as a boundary. top magenta line is 75 pips up from opening price, and bottom magenta line is 75 pips down from opening price. that 150 pips range is restricted to put the pending order. so we put the pending orders outside that area.
if i'm not mistaken, for monday we use smaller range, 60 pips maybe, and friday we use wider range, 112 pips maybe..
hi, in my indicator we can see two magenta lines at the top and the bottom... each magenta line have x pips from open price, x = 52 for monday, x = 75 for tuesday till thursday, x = 112 for friday.. range for friday is very big, because in friday there are many news like nfp...
In forex market it is very hard to find 100% profitable technique so well done for you to find 100% profitable technique. I try to work hard to find a good strategy to trade with. I think for success you need to follow good rules and good money management system.
It is a very good strategy.If the strategy work,it will be the best strategy.Without any kinds of analysis and forex knowledge to make profit is too tough.I must use it in my demo account first and then in my real account.
my broker is allow only 4 digits after point...so when i am trying to implement your idea my broker's software not running and i am not able to access it...so i must have to remove this from my chart to trade...can you have same indicator for those who have 4 digits after point....thanks
Hi
In this strategy we are not using any indicators and we are using psychology level for trading . we should not that we are not using stop order
but we are using limit orders here. it seems good strategy to me.
yeahh, in my strategy we don't need to learn good knowledge about forex, we only put pending orders in the morning before we go to work and then we can do our work and our hobby relax and not confused with the chart...
why ?? i also use broker with 4 digits... like insta... and it can be. can you give more explanation about it ?
you are right, we don't use any indicators, my indicator only shows the magenta lines so that we can put pending orders easily.. i hope you will enjoy with this strategy..
never mind... it's important that we can get profit consistently... although we need more time, i think it's better.
my broker is uwcfx.com
i already downloaded your .zip file which you have uploaded on 2nd page in you thread..
when i select your indicator in software , the software does not work properly and i must have to remove your indicator to access broker software..
please help me
i never use broker uwcfx.com, is the broker using 4 digits like insta ?? if your broker uses 5 digits, i will give you a 5-digits fantastic four indicator.. if it uses 4 digits, where is the problem ?? can you give a screenshot about your chart to me so i can see your chart and your problem, ok ?
i have seen your images on 1st page..but i am confused between dashed and horizontal lines..
which line i have to follow?...horizontal or dashed line?
and how many lines i have count for placing pending orders?...
please help me.
i have tried your strategy on my demo account on instaforex...your strategy is good and easy to use..but i have one question..can i have to go for long or short when magenta line vertical?..or it must be horizontal for both...
there are three color lines.. gray, white and magenta lines...
gray and white shows the price with ending in 00,20,50,80
magenta lines shows the range..
you should place pending orders outside the magenta lines...
for example GBP/USD yesterday (may 17), we know magenta lines below at 1.5833..
you should place PO at 1.5820, 1.5800, 1.5780, 1.5760 with TP 10 pips..
yesterday, i get profit in 1.5820, 1.5800 at pair GU..
i don't know ichimoko before. as rule of this strategy, you should place pending orders outside the magenta lines, top magenta line indicate you should place sell limit, bottom magenta line indicate you should place buy limit.. as usual, in the morning i will put pending orders 4 sell limit and 4 buy limit...
maybe you can look at the pair GU and EJ yesterday...
thank you for sharing this strategy,
what about gbpusd in april 18 at 1.6020? it can lose us more than 270 pips without using stop loss.