[Pips_Cruiser]

Here’s a chance to tell everyone which trading method or strategy you’ve found to be most profitable. It can be a Forex Factory strategy or a non-FF strategy. Additional comments about it are also welcome.

This type of thread has been tried before. One died out because it was setup as a vote. Another wanted proof of profitability and didn't get many posts. Let’s leave those two things out this time, and see how it goes.

Which trading method has been best for you?

[barbs666]

the most profitable tradaing method known to man is this:

watch the market
dont put real money on it
and watch it do exactly what you predicted it to do.... for hundreds of pips or even thousands (3000 in one case i predicted last year)

[SeaPip]

I think it would also be benefit to know how LONG has a person been using that method profitably? And if he/she trade live or demo with such system?

Originally Posted by Pips_Cruiser

Bird Watching In Lion Country. Thanks!

[NewFX]

I use tips of Dailyfx and sometimes from cnbc too.....but mainly dailyfx....

[silverheat]

short example: i watch out for reversel candles in trend direction (weekly)
then i move to h4 there should be a VVVV (jumpy) wave against the higher trend, which was broken, the breakout can retrace back but only after one or more days sideways then it should show me a strong resistance (shooting star, bearish engulfing on h4), after that there should be a strong move in weekly trend direction, where i enter somewhere doesnt matter (h1,h4 in freefall before the range, which must break hard or im out) with the stop @ prev swing high then i trail stop (daily) and add positions on retraces, they should be obvious (strong spike moves, could be a day or two) as long as there is no sign of reversal on daily, trendline, s/r, channels and forks guide me through the forest and are regularly adapted, decisions are made on price action at these lines, positions could be open for days, weeks or months unless im stopped out or weekly/monthly resistance (price targets) is met
stops are ment to never been hit (doom stops), i mean they are most of the time too far away and only trailed if daily swing low is broken, price should say when it doesnt want to go farther anymore, most of the time it gives you an exit point near the low, before it changes direction
its obvious this doesnt work in ranging conditions (daily, weekly ranges)
its all highly discretionary, what is price action at s/r? it should be obvious, if you look at the chart it should jump right in your face, if its not then there is no trade, if i went into a trade and i was totally wrong, like thinking "now this was totally stupid, its obvious it goes the other direction" then i go the other direction, more often than not after that it goes 10, 20 times my loss into profit, in the olden days i was first shocked, but then i held on to my initial direction so i tried to "get a better entry" after a few of these entries blown i realised that i could have made all what ive lost if i went in the other direction. still im learning, only experience can teach us

[jacko]

What is my most profitable trading method?
I would suggest Trading with the Trend (or Trend Trading)
If you question the older, experienced brokers/traders at the brokers who you trade with, I will guarantee that they will confirm that trend trading over the longer time frames is, by far, the most consistently, sustainable profitable method over time.
Sure, it is not as "glamourous and "exciting" as short-term scalping or some other over-active methods, because it is uni-directional. (You are only trading in one direction- That is, the direction of the trend !). And you will have times when you may be out of the market for a period of time as you wait for the market to finish correcting before getting back into the trend.
But it will be profitable.....big time. Especially if you use the three BIG key benefits and features of forex trading: Leverage, Liquidity and rapid compounding of profits.

.

[forexnetworth]

Trading fractal breakouts on the 15 minute chart in the direction of the daily and 4 hour market flow (trend). This method has worked well for me since 2007 and continues to work well. As Jacko said above, trading with the trend is the best way to go. Trade breakouts on a smaller timeframe in the direction of the long term trend.

The Mouteki Method using the breakout of UK, US and Tokyo opening range sessions as entry works well also.



forexnetworth
www.forexnetworth.blogspot.com

[acumen]

Originally Posted by Pips_Cruiser

Here’s a chance to tell everyone which trading method or strategy you’ve found to be most profitable. It can be a Forex Factory strategy or a non-FF strategy. Additional comments about it are also welcome.

This type of thread has been tried before. One died out because it was setup as a vote. Another wanted proof of profitability and didn't get many posts. Let’s leave those two things out this time, and see how it goes.

Which trading method has been best for you?

risk management.

m

[acumen]

Originally Posted by hilmy83

bwilc works cause you gotta do only one thing. Predict the trend. It's 50/50. You use very low leverage so entries is not as important and that's why xaron doesn't use stops. At least if you're wrong you don't break your bank. Just as long as your prediction is right, the market will always recover the trades. Jacko's follows the same principle but using antihedge. All in all, the trend is really the only edge out there for a retail trader.

a lesson my dumb azz has only recently been able to absorb.

[aiyahmarklah]

In FF, I have very good experience with orange roshan's SRDC level 1...levels 2 and 3 are really just another system.

[deuce]

I trade correlated pairs. I do not create pseudo hedges by entering simultaneous trades on both pairs. I enter trades on weakness on the individual pair and TP into strength.

Ex.
AUD/USD USD/CAD

I enter buys on dips on either pair with very low leverage. I usually accumulate many trades on each pair all entered at different times on weakness.
When AUD rises, TP's are taken and USD/CAD buys are entered if price dips sufficiently and vice versa.

I can adjust dollar exposure by overweighting one pair according to my bias of USD trend.

[mathematician]

Yep, me too. Trend trading. Actually, Jacko, I do find it kind of exciting...because it works.

[silverheat]

Originally Posted by jacko

What is my most profitable trading method?
I would suggest Trading with the Trend (or Trend Trading)

.

yeah, thats what i wanted to say, trend trading on higher tf ... exactly
why complicate things?

[MackS10]

Scalper, swing trader, or position trader it don't matter you must find a way to let the few good ones run and ride the waves, just like surfing.
Now that's profitable!

Answer this one: which ones are the profitable ones? When should I exit?
That will take skill.

[Trader613]

Trade pull-backs/retracements within an existing trend. Thus applicable to any time frame/time horizon or market. Use stops.

Best.