Simple Price Action Strategy (SPAS)

Hi All,

After long consideration, I would like to share how i apply Simple Price Action Strategy (SPAS) to my Forex account. Normally two outcome will be happened, earn more than 300% per month or burn the account within a month. Most of the time my FX account will burn it all. So how i can still earn the money? Every time I just follow the below trading methodology in FX trading. Will it work? I don't know and it might kill my account again in this month. Let see the daily live result.

Trading Plan:
Pair : Gold, EUDUSD and GBPUSD
Time Frame: 1 Hour Chart

Some Basic Rule:

1) You need always think that how to don't lose your money in your FX account as first priority. Example: if initial startup capital is USD500, you need to make withdrawal from your FX account when amount reach USD1000 (100% profit from USD500) before your FX account burn it all. I only consider win when money in my pocket and not the +value show in my FX account

2) Make the forex strategy as simple as possible. no one can 100% predict the market movement. I am using ZERO indicator for the trading idea. Just open buy when market show uptrend and sell when market show downtrend. Just simple will do.

3) Always put the stop-lose for every open order.

4) Set daily or monthly target. When reach your target, just stop the trading. I am not consider open more trade in day mean that I can earn more. More trade < More win. We need to focus on quality trade order instead of quantity trade order.

Let see the result

17 September Result

Can You Share a Screenshot ?

Would you like to rephrase your title to 'Simple Price Action Strategy (SPAS), Don't Burn Your Account' while you still have the time to change it?

KP

What Screenshot are you looking for?

2) Make the forex strategy as simple as possible. no one can 100% predict the market movement. I am using ZERO indicator for the trading idea. Just open buy when market show uptrend and sell when market show downtrend. Just simple will do.

what's your kriteria for uptrend and downtrend? and how to avoid raging market ?

18 September Result

20 September Result

May this is a commercial thared, please go to commercial section

Can You Share your Zero indicator, so we can Testing also

Hi
Dream 2017
how i know market is going up or down?
in H 1 time frame
with out any indicator

I already know how to trade and predict the market. let's say my accuracy is about 85%. But from your screenshot, using 0.2 lot with 200 dollars account is just too big for me. can you share more about the management?

Thanks. Gearzero

20 September Result

Just look the trend with 1H chart. Open buy when up trend and sell when down trend.

Normally i will put 30TP and 30SL for gold
15TP and 15SL for EUDUSD and GBPUSD

No worry bro. I wont ask you pay any single cent to me.

The reason i open the tread got 3 main reasons.
1) I would like to get you to confident in forex trading. * which i almost lose my confident in past few year without any mentor.
2) This is a good practice for me as well to control my greedy. I use this treat to remind me keep focus on no lose all the money instaed of how much i can earn. For me forex is not difficult, but very hard for me to control my emotion and greedy.
3) Just believe sharing good to other, i will get good return. Simple.

Yes bro. High risk high return. For beginners level, i suggest 0.1 lot for capital USD1000

You can refer this link

https://www.google.com/amp/s/www.dai...cator.html/amp

This week i m busy abit. Next week i will put some example how i open the trade (only win trade) see what i can help

Thank you!