mr jiching,,is it applicable if we set it on the night,before we sleep..
then in the next day afternoon or morning,we just see it and close it??
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mr jiching,,is it applicable if we set it on the night,before we sleep..
then in the next day afternoon or morning,we just see it and close it??
it's not applicable, because the market after europe session close sometimes continues the trend, so i don't recommend you to set on the night..
the second reason is outside magenta lines build after the open price shows. you may backtest about it. i think you will understand why it's not my recommendation..
you're welcome, i hope you can make profits in forex with my fantastic four. i made this strategy to trade happily and relax, not stressed...
get 10 points everyday and make it consistently, i think our account is full of profit... try and practice it on demo account first to get the feeling..
I tally no old design most this system. And symmetric i do not bed how to use this. But so far i eff learned, i judge that there is large risks under this difficulty and we should not loco mote this tricks. But if you anticipate you can tidy beneficent profits finished this, then you my have this.
okay,mr jiching..thanks,,i may try to set it on morning..
i really don't understand with your comment. may you can explain more detail, please ? because your question is difficult for me to understand so that i cannot answer your question. maybe you can read the rule of this thread and try it on demo account. keep profit with F4.
Hi Jiching,
Thanks for sharing your system. It seems to be a great one....I would like to give it a try, but I can see only the charts but cant find any link to download your indicator in the first page of this thread....Can you please tell me where I can find it?
Really I hump no previous aim nigh this system. And flush i do not cognize how to use this. But so far i hump scholarly, i judge that there is immense risks under this job and we should not copy this tricks. But if you think you can gain superior profits finished this, then you my choose this.
Nice strategy and it will works well I am sure about it because if we analysis any pair movement their are some specific prices where it will return back. I have also identify these points. when prices touching any round about 00,20,50 or 80 then reversal must be happened and that is the place where you can get profit but don't be greedy and take only 10 pips profit because 10 pips are the correction of that current movement. Thanks for sharing..
i have give the rule of this strategy at the first page of this thread. i also placed the indicator of fantastic four at the second page. you can find it.
download the indicator and then attach to your chart and you will see the magenta lines and horizontal lines.
yeah, you 're correct. we shouldn't be greedy and only take 10 pips from each orders. you will find 00,20,50,80 become the reversal price so that we can get profit from them. don't forget to download my indicator so that you can simply put pending orders at many pairs.
whether this trading system that uses a pending order? but if such market conditions as well as considerable risk of continued trending market movement.
observation and analysis of the right friends, it has hit a level where the price will be corrected.
and that's where we get as much as 10-15 pips profit for the correction.
I think this should wait to use the technique.
this strategy uses pending orders. you may put pending orders in the morning, leave the chart and make your day happily with your activities and your jobs. after works, at the night you may look at the chart to know pending orders 've touched and took profit..
only 10-15 pips, you can make profit and profit...
is your broker using 5 digits ? i think if you trade 5 digits, the indicator is different.. don't make magenta line indicator alone, you will be stressed and confused...
i trade with real account, not demo account, i don't like demo acc.. we don't get the feeling...
yes, try and get profits.
does this strategy works 100% of the time as you said, as no strategy works 100% of the time and what stop loss are you using with the strategy, what i wanted to say is that it must be working most of the time, but in forex sometimes there are black days, so proper stop loss is a must there in any strategy
I possess no overmuch have on forex trading not so good in represent. Though you proved to brighten your strategy but satisfy hyaloid statesman your strategy to see for newbie. When should I spring the Prescribe? How do fix the conflict of 00, 20, 50, 80? How can we use it? For this strain what indicator should we jazz on interpret?
maybe you can do or practice the strategy first and you will know how profitable this strategy... don't judge first without test and practice.. when you try and practise, i think you can get the feeling of fantastic four. i have used this strategy for almost three months.. it's profitable because i neednot look chart everytime and i enjoy it.. try and use before to know the profits..
I am happy and grateful to you for sharing you new thing. We all new trader are optimistic to expert to share reliable earning topic.
thanks bro, it's not late to learn something.. want to learn is the best. new trader or senior trader learn and learn.
you're correct, all depend on the traders. how good and profitable the strategy, but if the trader don't follow the rule, he will loss and get margin calls. master one strategy and make profit consistently.
thanks friend, i hope you will enjoy with this technique and you can make profit (small or big profit) from here. firstly, try it on demo account and after you get the right way to use this strategy, i think you can move to real account... i hope you will be satisfied and enjoy your life too
Feeling good that you got 100% wining trades. I am really surprise how you made 100% wining trade withou spnding a time to know the market situation!! I will try your system in my demo account because I liked the system. If I got a good profit from this system I will try it in my real account.
Well done strategy here. Now I will apply it in my trading strategy.
Share my results in the forum.
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
I cant really realise what that rely on it in the entry and opening of the deals I wishing to clarify a less bit Is there indications that either or is what I expectation and if there is filed and illumination so I can statesman easily translate
try and practice it first. if you have tested and tried, you will know why i don't spend a lot of time, because in this strategy, we only put pending orders in the morning and wait for the profits and look at the chart at the night..
ok, let's try together and use in our chart..
the market may move with faster more than 100 pips.. we take the moment when the price retrace, take profit 10 pips for each order. read the rule at the page 1.
use my indi and then put pending orders at the outside magenta lines, give take profit 10 pips..
yes, i agree... just 10 pips / day, but we can get consistently, we can make big profit too.. for example we use 1 lot and a day we get 10 pips... we get 10$, and if we use consistently in a month about 20 days, 1 think we can make 200$.. how about 2 lot ?? :) without look at the chart, we can make profit..
hey sir I feel excited about your strategy look it seems very good to apply some pair trading as popular as GU and EU here you can share indicator you use this strategy to me :)
I agree a friend , must be like that , to follow and read this thread from the beginning , before , so information not terpotong and only reiterate question out in advance , but whether you sure if there is a strategy with 100 % profit ? ? if there is also joined proud when i get that strategy in this forum
the indicator have been shared at the second page of this thread. open it and download..
if you havenot tried this, you don't know the strategy works and gives profit.... i think you must try first and put orders with f4. after you take orders and take profits, now you can give suggestion or comment to build this strategy more profit for us
i think many good strategies depend on the traders. how good the strategy, but the trader don't follow the rule and put too many orders without using money management, we always say the strategy is not match with us... but really, the traders are the mistakes.. make profit consistently with one strategy...
HI
i think in this stratey you are not using any indicators and we are using psychological levels for trading . we should not that we are not
using stop order but you are using limit orders here. it seems good strategy to me.
it's true, many traders use psychological numbers... especially price ending in 00,20,50,80... 80 is the first choice, 20 is the second, 00 is the third and 50 is the last.. 80 is the best choice... you may backtest in the chart... and look at the price ending in 80... i usually look at the price ending in 80 become strong support/resistance
agree with this,sometimes the system is already right,but they said that the system doesnt fit them..Quote:
i think many good strategies depend on the traders. how good the strategy, but the trader don't follow the rule and put too many orders without using money management, we always say the strategy is not match with us... but really, the traders are the mistakes.. make profit consistently with one strategy...
It is not the system failed,but it is the trader himself who failed..
One can success with simple strategy with good money management and patience..