No Matter price goes wheres strategy.

[maulana]

hi asanka... thanks if you want to sharing your strategy although this strategy is only idea... would you like to give me more explanation about your strategy... maybe i can help to development your strategy and make this strategy very profitable....

[asanka]

hello traders

I'm asanka and i want to give you a forex strategy, indeed i want to tell you that this is not my own strategy and this based on well known martingale strategy so the credit must go to trader who find this

one order at both sides,a target of 20 pis, and s/l at 40 pips. The counter order needs to be increased always as soon as the other order is hit. Therefore, you should start with minilots at 0.1 to offset the oszillation of the 20 pips range between the 2 orders.

Example: Current Price level at 1.3990
Set initial lotsize of 0.1 Long at 1.4000 (T/P at 1.4020 and S/L at 1.3960)
Set initial lotsize of 0.1 Short at 1.3980 (T/P at 1.3960 and S/L at 1.4020)

If long is triggered, increase short size to 0.3 to cover any price reverse..wait until takeprofit of 20 pips is reached. So, if 1.4020 is hit, cancel any short and set following new orders:

Long at 1.4030 (T/P at 1.4050 and S/L at 1.3990)
Short at 1.4010 (T/P at 1.3990 and S/L at 1.4050)

Following stack is needed to overcome an oszillation of 20 pips without any targethits in between:

0.1, 0.3, 0.7, 1.5, 3.1, 6.3, 12.7., 25.5, 51.1, 76.8, fff

The question is now, how often does it happen, that the price oszillates between 20 pips and does not hit any target of 20 pips....i'm still testing this...probably more often, of what i can think about...:-(