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Very Easy & Profitable Trading Strategy

  • #61
  • Edited 12:59pm Nov 8, 2019 12:41pm | Edited 12:59pm
Quoting armdar77
Ok... My English is not very well... So I didn't fully understood about that 3 enteries 3 separate trades adding up to a total of 1.8% per trade - that means to enter 1 st trade, than what ? To wait and open another one when ?
All three orders are entered at the same time.


This post has an image showing you the trade position sizes along with the take profit levels and stop losses.
https://www.forexfactory.com/showthr...0#post12593070

This portion of the video discusses why I recommend using Oanda FX Trade for this strategy so that you can use the correct money management and this portion of the video discusses entering each trade with 3 different orders and trade sizes.
  • #62
  • Nov 8, 2019 1:13pm Nov 8, 2019 1:13pm
Quoting Kenobi
{quote} I am happy to share and learn together. We stream live each day on Youtube at 9:00am EST. Feel free to ask any questions about trading. Subscribe to the channel and join us. https://www.youtube.com/channel/UCN2...JpIcS1MupY-BuA {quote} Here is the thing. You may get lucky this time and that turns out to be a better entry than the actual signal entry. But physiologically that teaches you and enforces that breaking the rules is a good thing. You will have a difficult time sticking to a strategy and following a set of rules. Humans...
Am I correct that your youtube channel has less to to with what you training us on FF? Your discussing stops etc. which confuses me according this thread.
  • #63
  • Nov 8, 2019 2:04pm Nov 8, 2019 2:04pm
Quoting kofix11
{quote} Am I correct that your youtube channel has less to to with what you training us on FF? Your discussing stops etc. which confuses me according this thread.
On this thread here on FF we are focused on this one strategy. This one strategy is enough for anyone to profit from the markets. Start here and learn it.

Once you are able to understand and trade this strategy it is going to really open up your mind to what it takes to profit from the markets and that will translate into other areas of your trading.

While this is enough for anyone to use, especially those who have very limited time, and over time of consistent use will really grow an account into something meaningful there is lots more to learn about trading.

The Weekly forecasts and daily trading sessions provide more insight into how to trade the markets on a daily basis. There is also a lot to learn. First master this strategy.
  • #64
  • Nov 8, 2019 2:12pm Nov 8, 2019 2:12pm
Quoting Kenobi
{quote} On this thread here on FF we are focused on this one strategy. This one strategy is enough for anyone to profit from the markets. Start here and learn it. Once you are able to understand and trade this strategy it is going to really open up your mind to what it takes to profit from the markets and that will translate into other areas of your trading. While this is enough for anyone to use, especially those who have very limited time, and over time of consistent use will really grow an account into something meaningful there is lots more...
  • #65
  • Nov 9, 2019 5:12pm Nov 9, 2019 5:12pm
We have a sell signal on the GBP/USD with the True Trend closing negative with a zero line cross on Friday.

I will post the trade levels including entry, stop loss and take profit levels here for the 3 orders here sometime before the market open.

Attached Image
  • #66
  • Nov 10, 2019 6:23am Nov 10, 2019 6:23am
Do you have this indicator in Mql4?
  • #67
  • Nov 10, 2019 12:43pm Nov 10, 2019 12:43pm
Quoting Kenobi
We have a sell signal on the GBP/USD with the True Trend closing negative with a zero line cross on Friday. I will post the trade levels including entry, stop loss and take profit levels here for the 3 orders here sometime before the market open. {image}
GBP/USD Sell

Entry (open) will update entry but whatever the opening price when trading begins =

Stop loss (same SL on all three orders) highest price point of the previous move = 1.30126 +spread +1 pip = 1.30152

Order 1 (size of position 0.6%) = take profit 2x distance of sl =
Order 2 (size of position 0.9%) = take profit 4x distance of sl =
Order 3 (size of position 0.3%) = exit is next zero line cross or trend change = 0

I will update the entry price and take profit levels on orders 1 & 2 after the market opens and I enter the trade.
  • #68
  • Nov 10, 2019 12:58pm Nov 10, 2019 12:58pm
Hello! Thank!
Already made markup on the GBPOSD chart. I will trade your strategy for the first time!

All green TP !!!
  • #69
  • Nov 10, 2019 5:16pm Nov 10, 2019 5:16pm
Quoting Kenobi
{quote} GBP/USD Sell Entry (open) will update entry but whatever the opening price when trading begins = Stop loss (same SL on all three orders) highest price point of the previous move = 1.30126 +spread +1 pip = 1.30152 Order 1 (size of position 0.6%) = take profit 2x distance of sl = Order 2 (size of position 0.9%) = take profit 4x distance of sl = Order 3 (size of position 0.3%) = exit is next zero line cross or trend change = 0 I will update the entry price and take profit levels on orders 1 & 2 after the market opens and I enter the trade.
GBP/USD Sell

Entry (open) will update entry but whatever the opening price when trading begins = 1.27893

Stop loss (same SL on all three orders) highest price point of the previous move = 1.30126 +spread +1 pip = 1.30152

Order 1 (size of position 0.6%) = take profit 2x distance of sl = 452 pips, 1.23373
Order 2 (size of position 0.9%) = take profit 4x distance of sl = 904 pips, 1.18853
Order 3 (size of position 0.3%) = exit is next zero line cross or trend change = 0

Order 1

Attached Image


Order 2

Attached Image


Order 3

Attached Image


Orders stay open until take profit or stop loss is reached or exited in full on a new zero line cross.
Attached Image
  • #70
  • Nov 10, 2019 5:38pm Nov 10, 2019 5:38pm
My brooker is XM,.MT4,..i dont have any signal yet
  • #71
  • Nov 10, 2019 6:10pm Nov 10, 2019 6:10pm
[quote=artic118;12609183]My brooker is XM,.MT4,..i dont have any signal yet[/

Different brokers, different feeds/servers = always trade what is on your own charts.
  • #72
  • Nov 11, 2019 7:32am Nov 11, 2019 7:32am
What are the settings for the Trend CCI and the Entry CCI? Thanks in advance
  • #73
  • Nov 11, 2019 7:40am Nov 11, 2019 7:40am
Quoting sheppy
What are the settings for the Trend CCI and the Entry CCI? Thanks in advance
Trend CCI = 70
Entry CCI = 3

How to use them for trading currencies,
Inserted Video


The strategy we are using in this thread is using Trend CCI = 333
  • #74
  • Nov 11, 2019 7:59am Nov 11, 2019 7:59am
Quoting Kenobi
{quote} I am happy to share and learn together. We stream live each day on Youtube at 9:00am EST. Feel free to ask any questions about trading. Subscribe to the channel and join us. https://www.youtube.com/channel/UCN2...JpIcS1MupY-BuA {quote} Here is the thing. You may get lucky this time and that turns out to be a better entry than the actual signal entry. But physiologically that teaches you and enforces that breaking the rules is a good thing. You will have a difficult time sticking to a strategy and following a set of rules. Humans...
If you are subscribed to the channel when we go live you should receive an alert on the top right of your YouTube. Either way if we are live and you go to our channel page you will see that we are live and can click the video to join

I only get one PM a day
  • #75
  • Nov 11, 2019 12:25pm Nov 11, 2019 12:25pm
The GBP/USD may have a signal to go long at the close tonight. Given that it was news driven is there not a strong possibility that it will retrace and the signal will whipsaw and become a sell stopping you out again
  • #76
  • Nov 11, 2019 1:01pm Nov 11, 2019 1:01pm
Quoting jeffre4
The GBP/USD may have a signal to go long at the close tonight. Given that it was news driven is there not a strong possibility that it will retrace and the signal will whipsaw and become a sell stopping you out again
Watch this minutes of the video from the live stream today which addresses this.

It is from 31:00 to 32:40 (two and a half minutes) and the video is already set to start at the right place.

Inserted Video


Short answer, we take all signals.
  • #77
  • Nov 11, 2019 2:07pm Nov 11, 2019 2:07pm
Yes cheers i was expecting that reply.
If you do get a buy signal it will be useful seeing the stops and targets i did not understand it fully in a whip saw period
  • #78
  • Nov 11, 2019 2:13pm Nov 11, 2019 2:13pm
I meant to ask will you trade off the close of the daily candle or the close of the NY stock exchange. In England the close of the daily candle would be midnight three hours after the close of the NY stock exchange.
  • #79
  • Nov 11, 2019 2:35pm Nov 11, 2019 2:35pm
Quoting jeffre4
I meant to ask will you trade off the close of the daily candle or the close of the NY stock exchange. In England the close of the daily candle would be midnight three hours after the close of the NY stock exchange.

I am trading this off of a feed using UTC / GMT which means the new daily price bar will open at 12 midnight London time.

Always trade whatever is on your charts and whatever feed you are using.

In my opinon the difference between using New York close and UTC is negligible, it will have little impact as price barely moves during these hours, and over time will work both in your favor and against you evening out in the end.

By the way I see the loss for this trade will be about -0.5%

Attached Image


I do want to ask anyone learning from this strategy and who appreciates it being shared to please take a moment and hit the Like button on this video. It will help the Youtube algorithm get this video in front of other people who can benefit from it. Thank you!
  • #80
  • Nov 11, 2019 3:18pm Nov 11, 2019 3:18pm
Quoting Kenobi
{quote} I do want to ask anyone learning from this strategy and who appreciates it being shared to please take a moment and hit the Like button on this video. It will help the Youtube algorithm get this video in front of other people who can benefit from it. Thank you!
And to the hater who down voted the video in response

Cheers!
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