Next week or maybe a little later, in this thread I will post signals for trading EURUSD
I do not use indicators, Fibonacci, price action, Gunn lines, support and resistance levels and any other classical tools, because hundreds of thousands of traders have proven that this does not work. Quite simply, 99% traders use classic and affordable tools, 99% traders lose money. I use my own tools and patterns that are very simple and logical.
My forum: http://forexmyprosperity.com/visit-the-forum-now
Description of my trading system.
I use the pattern for buying and selling, zones for buying and selling, trading cycles and additional tools. All system components have nothing to do with the classical tools that can be found on the Internet. Each transaction has SL and TP, I initially know exactly how much I will lose and I know approximately how much I will earn.
Average SL 7-13 points. Approximately 25% deals have SL 3-4 points.I do not trade news. I do not trade at random. Session for trading does not matter. Intraday trading. Trade without indicators. I also don't use trend. The trend doesn't matter to me (the trend is a subjective model that changes at any moment). All rules in one algorithm.
My trading algorithm.
1. I open the schedule H1 and mark the zones of purchases and sales with the help of the line. The zone has a very precise location, so I can set an alert. Next I need the price to touch or cross my zone 1 time.
2. Next I need to make sure that the cycles are over. Example: if I am waiting for a sale, then I need that the shopping cycle is over. If I am looking for a purchase, then the sales cycle should be over.
3.The first 2 components are ok, what's next? Touching the zone and the end of the trading cycle on M15-M30-H1. Then I look for a pattern for buying and selling on M1. If I'm in a sell zone, for example, I need to find a sales pattern. The pattern is some arrangement of candles. Absolutely all price movements, with no exceptions, start from my pattern.
4. If the pattern is okay,open a deal and set the SL (does not change) and TP (may change), and accompany the transaction on m15-m30-H1 to the nearest buying and selling zones. The price always moves from 1 zone to the next zone.
5. Additional tools: the rule is safe, the safest zones on the market, filter for losing trades. Analyzing graphics and making decisions takes from a few seconds to 1 minute.
The ideal deal is a deal that has a small SL, a large ratio of risk-profit. In addition, the transaction must be closed in parts.
The most important condition is that the transaction should not be random, but in accordance with the traderís algorithm.
Sample deal on Friday:
Each deal in accordance with my algorithm. No random deals.
I use my personal tools. I do not use indicators, I do not use a trend, this is the main ideology of the trading system.
Each trade starts with my pattern (the pattern - is some arrangement of candles on the chart).
Each market movement begins with my pattern, whether it is a new market movement or a continuation of the old movement. Trading signals for random visitors on my forum, for free. As for my personal signals, only my students receive them. The cost of personal training is very high.
Traders, if you give up the classic tools and the trend, your trading will improve significantly, you should not look at the market as 99% of traders see. 99% of traders lose money in the long run.
See my trade today. If you want to receive trading signals daily visit my forum http://forexmyprosperity.com/visit-the-forum-now/ My students, on the forum, give profitable signals daily, for free.
Hi traders,the next few days I will try to describe in more detail the operation of the trading system. Until the end of this week, the course is not available for sale.
I want to share some trading results today.