I have decided to open up a new Thread so that I can challenge myself for the next few years....This is going
to be a very interesting thread.
My Ultimate goal is to make "Forex Trading" Fun for everyone, and help Double Countless Accounts on
a Monthly basis....
I have been through a lot of strategies over the years, but one thing remains the same "VOLATILITY"
The good question is How can we take advantage of it?
It's simple....
Learn to Understand how to Leverage Strengths and Weaknesses of a CURRENCY PAIR.....
On Post#4 - You will see the Technique on how to Select your Watchlist.
On Post#5 - You will have access to the Indicator that I use to identify Strength/Weakness in Real-Time.
On Post#6 - You will see a Sample of my Potential Daily Watchlist....( I like to watch 9 Currency Pairs Daily )
Trade Logic
#1 Identify the Current Market Trend or Market Sentiment
#2 Wait for the Exact Signal that matches the Trend
#3 Execute the Trade
Goals:
We are trying to make close to 25-50pips Profit per Trade, and look to risk between 15-25pips
(Stop-Losses are manageable when you trail them )
The Power of Intention: How to Double your Account Every Single Week (If you want to...)
----Here's the Math for a $10,000 USD Account
$10,000 / 5 days of the week = $2,000 USD per Day
What if I place 4 Trades a Day?
with $2,000 USD / 4 Trades = $500 USD per Trade
So, with a 1 Standard Lot =======> I just need to Target ONLY +50pips Profit per Trade.....
----Here's the Math for a $2,000 USD Account
$2,000 / 5 days of the week = $400 USD per Day
What if I place 4 Trades a Day?
with $400 USD / 4 Trades = $100 USD per Trade
So, with a 0.2 Mini Lot =======> I just need to Target ONLY +50pips Profit per Trade.....
----Here's the Math for a $500 USD Account
$500 / 5 days of the week = $100 USD per Day
What if I place 4 Trades a Day?
with $100 USD / 4 Trades = $25 USD per Trade
So, with a 0.05 Micro Lot =======> I just need to Target ONLY +50pips Profit per Trade.....
Remark: The Math is very simple, and it's not going to change, now it's up to your Emotions to make it WORK....
Start small, Trust yourself first and use that system as Entries, then when you gain enough Confidence, you can easily Double
your Account every single week or every single month.....The 1% or 2% a day mentality is overrated, it's time to appreciate the
beauty of Forex Trading, and tell the Market what you want to see happening before placing any Trades....
If you don't believe me, it's your CALL to EXPERIENCE IT.....
The Story of some of our Dedicated Subscribers, they were given a Chance and took Full advantage......
*NEW UPDATE ALERT for May 2017*
Daily Goal: 1% - 10%
Trading Hours: [1:00am - 4:00am] / [12:00pm - 2:00pm]
Strategies Traded: Daily Momentum (Trend Following) – Reversal (Divergences or Harmonics)
Entry Plan: Trend + Strength + Signal = Trade Execution
Exit Plan: Proper Stop-Loss Placement and Monitor/Manage Trades.
*Risk Management: Expect to Risk [-25 or -35pip] – Reward [+75 or +140pip]
*Money Management: Expect to Risk [2.4% or 4.8% on a $500 or $10,000 USD Based Account]
Time-Frame: Find Setup on M30TF – TriggerSignal on M15TF or M5TF
Position Sizing: 0.02 Lot or 0.04 Lot or 0.60 Lot (http://www.babypips.com/tools/forex-...sitionsize.php)
Daily or Weekly Open Positions: Between 3-6 pairs at a time.
***My Only Job as a Trader***: To Identify the Trade Setup and Place the Right Template on charts. EA will Execute Trades, then I manage all trades properly. (Meaning: Manually place SL and TP)
(1) - Fundamental Analysis: (High-Impact Risk Events – Study it. Research it. Master it)
(2) - Technical Analysis: (Top-Down Analysis on H4TF and M30TF)
(3) - Daily Momentum/Sentiment: (Cs-Dash Indicator / FxProfitSupremeMeter Indicator / Tykhev1.0 Indicator )
to be a very interesting thread.
My Ultimate goal is to make "Forex Trading" Fun for everyone, and help Double Countless Accounts on
a Monthly basis....
I have been through a lot of strategies over the years, but one thing remains the same "VOLATILITY"
The good question is How can we take advantage of it?
It's simple....
Learn to Understand how to Leverage Strengths and Weaknesses of a CURRENCY PAIR.....
On Post#4 - You will see the Technique on how to Select your Watchlist.
On Post#5 - You will have access to the Indicator that I use to identify Strength/Weakness in Real-Time.
On Post#6 - You will see a Sample of my Potential Daily Watchlist....( I like to watch 9 Currency Pairs Daily )
Trade Logic
#1 Identify the Current Market Trend or Market Sentiment
#2 Wait for the Exact Signal that matches the Trend
#3 Execute the Trade
Goals:
We are trying to make close to 25-50pips Profit per Trade, and look to risk between 15-25pips
(Stop-Losses are manageable when you trail them )
The Power of Intention: How to Double your Account Every Single Week (If you want to...)
----Here's the Math for a $10,000 USD Account
$10,000 / 5 days of the week = $2,000 USD per Day
What if I place 4 Trades a Day?
with $2,000 USD / 4 Trades = $500 USD per Trade
So, with a 1 Standard Lot =======> I just need to Target ONLY +50pips Profit per Trade.....
----Here's the Math for a $2,000 USD Account
$2,000 / 5 days of the week = $400 USD per Day
What if I place 4 Trades a Day?
with $400 USD / 4 Trades = $100 USD per Trade
So, with a 0.2 Mini Lot =======> I just need to Target ONLY +50pips Profit per Trade.....
----Here's the Math for a $500 USD Account
$500 / 5 days of the week = $100 USD per Day
What if I place 4 Trades a Day?
with $100 USD / 4 Trades = $25 USD per Trade
So, with a 0.05 Micro Lot =======> I just need to Target ONLY +50pips Profit per Trade.....
Remark: The Math is very simple, and it's not going to change, now it's up to your Emotions to make it WORK....
Start small, Trust yourself first and use that system as Entries, then when you gain enough Confidence, you can easily Double
your Account every single week or every single month.....The 1% or 2% a day mentality is overrated, it's time to appreciate the
beauty of Forex Trading, and tell the Market what you want to see happening before placing any Trades....
If you don't believe me, it's your CALL to EXPERIENCE IT.....
The Story of some of our Dedicated Subscribers, they were given a Chance and took Full advantage......
*NEW UPDATE ALERT for May 2017*
Fundamental Analysis + Technical Analysis + Daily Momentum = Consistency
My Potential Trading PLAN ( It's a MUST )
Daily Goal: 1% - 10%
Trading Hours: [1:00am - 4:00am] / [12:00pm - 2:00pm]
Strategies Traded: Daily Momentum (Trend Following) – Reversal (Divergences or Harmonics)
Entry Plan: Trend + Strength + Signal = Trade Execution
Exit Plan: Proper Stop-Loss Placement and Monitor/Manage Trades.
*Risk Management: Expect to Risk [-25 or -35pip] – Reward [+75 or +140pip]
*Money Management: Expect to Risk [2.4% or 4.8% on a $500 or $10,000 USD Based Account]
Time-Frame: Find Setup on M30TF – TriggerSignal on M15TF or M5TF
Position Sizing: 0.02 Lot or 0.04 Lot or 0.60 Lot (http://www.babypips.com/tools/forex-...sitionsize.php)
Daily or Weekly Open Positions: Between 3-6 pairs at a time.
***My Only Job as a Trader***: To Identify the Trade Setup and Place the Right Template on charts. EA will Execute Trades, then I manage all trades properly. (Meaning: Manually place SL and TP)
=======--------------==========-----------==========
The Three(3) Major X-Factors:
(1) - Fundamental Analysis: (High-Impact Risk Events – Study it. Research it. Master it)
(2) - Technical Analysis: (Top-Down Analysis on H4TF and M30TF)
(3) - Daily Momentum/Sentiment: (Cs-Dash Indicator / FxProfitSupremeMeter Indicator / Tykhev1.0 Indicator )
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR