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A Sure Winner Concept!

techboy

Member
Hello to all forum members,

I just want to share to you an idea that can help all aspiring traders in this forum, I actually use this trade concept in the 4HR chart.I fully tested this strategy in the 4hr chart.Its a simple strategy but can be very profitable.

Here's the situation:

1. Based on my studies, if a trade got caught on a good entry price, it does not move against you(check it with your own chart), meaning if you are on the right side of the move it will go strait down to the direction of your trade.So with this, it only means that you really don't need a bigger stop base on this concept(Right?).

2. 4HR chart usually moves in the range from 100 to a 1000 pips(even more)

3. This is the most important part!
Find a set of indicators that can give you at least 50% good entry,(of course the higher the better!). There are lot of that here in the forum, explore it with yourself.

Here's the rule:

Place a trade based on your indicator entry signal, put a stop loss between 70 to 90pips it depends on the volatility of a particular currency pair, I usually don't put a TF target because my purpose is to catch the move of a particular currency pair, once the trade is in profit I trail stop it until it will be a no loss situation, you can implement your own way on how to secure your profit, but make sure you give a particular trade enough room to operate, to avoid a winning trade being stopped out early.

If the trade goes against you, the maximum you can loss is 90 pips, in my case I look at the price action, I close the trade early if its really pointing the wrong direction(remember you have to cut your losses short).

Now lets do the math:

Example:

10 trades, @ 50% accuracy you have 5 winners and 5 losers

Maximum loss in pips is 450 pips
Potential Gains:(Assuming you will gained an average of 200 points per trade)
Gains: 200 X 5 = 1000 pips

Got the idea!What if one of the winning trade gained 1000 pips? you see its very profitable. A very simple concept that can rake profits in your trading account.

Remember the key for this strategy to work, is to find a good set of indicators that can spot the good entry points.There is a lot of it here.Do your home work, I already layout the idea.


Note: This is an original idea of mine and I claimed ownership of this strategy, I shared this methodology for free to all forum members to help increase trading profitability, I reserve the right to sue any person that copy this concept in the purpose of commercialism. :):):):)

Good Day and Good Luck!
 
S

swissforex

Reinventing the wheel

Reinventing the wheel

Hello to all forum members,

I just want to share to you an idea that can help all aspiring traders in this forum, I actually use this trade concept in the 4HR chart.I fully tested this strategy in the 4hr chart.Its a simple strategy but can be very profitable.

Here's the situation:

1. Based on my studies, if a trade got caught on a good entry price, it does not move against you(check it with your own chart), meaning if you are on the right side of the move it will go strait down to the direction of your trade.So with this, it only means that you really don't need a bigger stop base on this concept(Right?).

2. 4HR chart usually moves in the range from 100 to a 1000 pips(even more)

3. This is the most important part!
Find a set of indicators that can give you at least 50% good entry,(of course the higher the better!). There are lot of that here in the forum, explore it with yourself.

Here's the rule:

Place a trade based on your indicator entry signal, put a stop loss between 70 to 90pips it depends on the volatility of a particular currency pair, I usually don't put a TF target because my purpose is to catch the move of a particular currency pair, once the trade is in profit I trail stop it until it will be a no loss situation, you can implement your own way on how to secure your profit, but make sure you give a particular trade enough room to operate, to avoid a winning trade being stopped out early.

If the trade goes against you, the maximum you can loss is 90 pips, in my case I look at the price action, I close the trade early if its really pointing the wrong direction(remember you have to cut your losses short).

Now lets do the math:

Example:

10 trades, @ 50% accuracy you have 5 winners and 5 losers

Maximum loss in pips is 450 pips
Potential Gains:(Assuming you will gained an average of 200 points per trade)
Gains: 200 X 5 = 1000 pips

Got the idea!What if one of the winning trade gained 1000 pips? you see its very profitable. A very simple concept that can rake profits in your trading account.

Remember the key for this strategy to work, is to find a good set of indicators that can spot the good entry points.There is a lot of it here.Do your home work, I already layout the idea.


Note: This is an original idea of mine and I claimed ownership of this strategy, I shared this methodology for free to all forum members to help increase trading profitability, I reserve the right to sue any person that copy this concept in the purpose of commercialism. :):):):)

Good Day and Good Luck!
I just know that

Reinventing the wheel mate
 

bonnie1234

Active member
Hello to all forum members,

Remember the key for this strategy to work, is to find a good set of indicators that can spot the good entry points.There is a lot of it here.Do your home work, I already layout the idea.


Note: This is an original idea of mine and I claimed ownership of this strategy, I shared this methodology for free to all forum members to help increase trading profitability, I reserve the right to sue any person that copy this concept in the purpose of commercialism. :):):):)

Good Day and Good Luck!
Hi Techboy,


Top post there buddy! 10 out of 10...


I am pretty sure that someone else is going to ask this question, so I will jump in first...

What indys do you use for the entries in your system?


Personally on a H4 Chart I have :

QQEadv
StepMA Stoch
VQ
TD2_3-combo
FIP Line
NLMA nrp
Filter Blue/Red
Stoch Colour1.02

plus a few other bits as per the template....


I am not going to go into too much detail about my setup...because it is exactly that (my setup)...what works for one may not work for others...it is good to find the indys that work for you all by yourself.

[info]I am always happy to help but if you require to be spoon fed then go back to kindergarten as the forex beast is not for you just yet:D[/info]
 

Attachments

techboy

Member
Hi Techboy,


Top post there buddy! 10 out of 10...



plus a few other bits as per the template....


I am not going to go into too much detail about my setup...because it is exactly that (my setup)...what works for one may not work for others...it is good to find the indys that work for you all by yourself.

[info]I am always happy to help but if you require to be spoon fed then go back to kindergarten as the forex beast is not for you just yet:D[/info]
My Indis in this strategy are:

Nina
Profit Monster Trend
FXTrend
TD2
Trendlord
SMA 55,89
Plus I consider price action/candlestick

But as you said, "what works for one may not work for others...it is good to find the indys that work for you all by yourself".
 
B

brain22

You may have already done your research all over the internet. You may try this -
 
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