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Thread: 30pips strategy for gbpjpy.

  1. #8
    Member ashwini is a jewel in the rough ashwini is a jewel in the rough ashwini is a jewel in the rough ashwini's Avatar
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    Quote Originally Posted by ashwini View Post
    mainly its based on pending order.
    so first u open the daily chart of gbpjpy. and then collect some data.from previous day.. high level and low level.

    now given the pending order..with this system

    buy

    pending buystop : entry level: high level of previous day + 30pips
    take profit: 30pips
    stop loss: 30pips

    sell

    pending sellstop: entry level : low level of previous day -30pips
    take profit : 30pips
    stop loss: 30pips


    plz given ur suggestion . and share ur experiance.. about this strategy.
    i want to change some things.
    entry level is 40pips difference from higher / lower level of previous day.
    take profit ..20pips
    stoploss...40pips

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Junior Member bukran is on a distinguished road bukran's Avatar
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    Quote Originally Posted by ashwini View Post
    30pips strategy for gbpjpy
    mainly its based on pending order.
    so first u open the daily chart of gbpjpy. and then collect some data.from previous day.. high level and low level.

    now given the pending order..with this system

    buy

    pending buystop : entry level: high level of previous day + 30pips
    take profit: 30pips
    stop loss: 30pips

    sell

    pending sellstop: entry level : low level of previous day -30pips
    take profit : 30pips
    stop loss: 30pips


    plz given ur suggestion . and share ur experiance.. about this strategy.

    I think it is too risky a pending order in that area, why not do pending order in the areas of distribution?

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Junior Member bukran is on a distinguished road bukran's Avatar
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    Quote Originally Posted by ashwini View Post
    30pips strategy for gbpjpy
    mainly its based on pending order.
    so first u open the daily chart of gbpjpy. and then collect some data.from previous day.. high level and low level.

    now given the pending order..with this system

    buy

    pending buystop : entry level: high level of previous day + 30pips
    take profit: 30pips
    stop loss: 30pips

    sell

    pending sellstop: entry level : low level of previous day -30pips
    take profit : 30pips
    stop loss: 30pips


    plz given ur suggestion . and share ur experiance.. about this strategy.

    I think it is too risky a pending order in that area, why not do pending order in the areas of distribution?

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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  7. #5
    Member jiching is a jewel in the rough jiching is a jewel in the rough jiching is a jewel in the rough jiching is a jewel in the rough jiching's Avatar
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    Quote Originally Posted by ashwini View Post
    mainly its based on pending order.
    so first u open the daily chart of gbpjpy. and then collect some data.from previous day.. high level and low level.

    now given the pending order..with this system

    buy

    pending buystop : entry level: high level of previous day + 30pips
    take profit: 30pips
    stop loss: 30pips

    sell

    pending sellstop: entry level : low level of previous day -30pips
    take profit : 30pips
    stop loss: 30pips


    plz given ur suggestion . and share ur experiance.. about this strategy.
    thanks you share this new technique.
    i have some questions for this strategy :
    - how long do you use this strategy ??
    - when is it the good time for this strategy ? in the asia, london, or us ??
    - can you say this is the zero loss strategy ?
    thanks before

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Banned songkok is on a distinguished road songkok's Avatar
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    Quote Originally Posted by ashwini View Post
    mainly its based on pending order.
    so first u open the daily chart of gbpjpy. and then collect some data.from previous day.. high level and low level.

    now given the pending order..with this system

    buy

    pending buystop : entry level: high level of previous day + 30pips
    take profit: 30pips
    stop loss: 30pips

    sell

    pending sellstop: entry level : low level of previous day -30pips
    take profit : 30pips
    stop loss: 30pips


    plz given ur suggestion . and share ur experiance.. about this strategy.
    Sir if we would get 30 pips in one day untup currency pair GBPJPY? I see movement on the currency pair is very irregular. What it does not make us confused on where prices will take it .... And if you think it's a better pair and can produce 30 pips for every day you can show that your system is out here with a clear picture, in order to understand my own steeplechase, thanks before

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Junior Member mrqusa is an unknown quantity at this point mrqusa's Avatar
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    i try this same strategy on eurusd and gbpusd so its work good and also making money in this way buy once a day trade each day

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    ashwini @ did you try this strategy ? is a profitable strategy ? ok friend , i will apply your strategy of my forex trading. firstly , i will try to demo trade and then apply real if the strategy is profitable. thanks

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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  15. #1
    Member ashwini is a jewel in the rough ashwini is a jewel in the rough ashwini is a jewel in the rough ashwini's Avatar
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    30pips strategy for gbpjpy.

    mainly its based on pending order.
    so first u open the daily chart of gbpjpy. and then collect some data.from previous day.. high level and low level.

    now given the pending order..with this system

    buy

    pending buystop : entry level: high level of previous day + 30pips
    take profit: 30pips
    stop loss: 30pips

    sell

    pending sellstop: entry level : low level of previous day -30pips
    take profit : 30pips
    stop loss: 30pips


    plz given ur suggestion . and share ur experiance.. about this strategy.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  16. The Following 5 Users Say Thank You to ashwini For This Useful Post:

    12topnews (2020-09-14), Ahmadali (2019-08-26), ayesha02 (2019-02-18), raheel001 (2020-11-04), swanstad (2014-09-28)

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