Get profits from my strategy I found this on the hourly chart of aud/jpy.

from the market than I will try that strategy in my live trading account and hope that it will help there also thanks and keep it up. good like forex forum

well i think your strategy is very good because i have been making use of it in my demo trading and i really think this strategy is very profitable but a little more confirmation will determine if am to invest my money into it or not but in any situation i shall get back to you with my decision best of luck as we trade this week

this trading system exploits the certain tendency of AUD/JPY currency pair (Australian dollar vs. Japanese yen) to be statistically bearish during the pre-last hour before the rollover interest is applied on Wednesday. The particular day of the week was chosen because on Wednesday the rollover is tripled compared to normal days (Sunday and Saturday interests fall on Wednesday). It's unknown why AUD/JPY, a pair with a traditionally positive rollover interest, is sold 1-2 hours before the overnight swap is applied.

This seem to be a very nice strategy. I like it I might even adopt it. Please how profittable is this strategy and have you tested it for a year now. I am still learning how to trade forex so pls don't mind my questions.

well am really sorry about this, no offense meant but i can't see any thing about this chart setup that is so interesting or anything that can be regard as a good or sound trading advice on that chart

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Originally Posted by maurya

the method speaks for itself,you only need to new when it is overbought, that is whenever prior is exceeded by new high then know that reversal will be massive ,especially if the reversal is forming a cup shape or V shape turn upside down notice how it went down in each case

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trading price action will move at the level of the price movement and price trends will also determine the success or failure of this strategy because the aud / jpy is very influential to the movement in the aud usd and usd jpy pair, this is a pair that cross each session affected with usa

nai naziafarhan,
thank to share your strategy,, with this indicator we can see the overbourgh and over sell...from this candle we can open position to make buy or sell...
very amazing indicator....:)

Very nice It for me. i will try to apply this strategy in my forex. thank u for shearing this nice strategy.

Thanks a lot

Strategy looks very good to me; I will try that strategy in my upcoming trading days first. I really required to know your comments about this system I will try that fastidious strategy on my demo account if I find that this is good for making pips and income from the market than I will try that strategy in my live trading account it is a good choice in an upward moving market??

This is very nice sir, I will try this strategy in the future I will try my first trade that special strategies on my account if I find it better to make profits and gains from the market and I can actually see the results