20 Pips Daily predator | Forex Factory

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20 Pips Daily predator

  • #1
  • First Post: Edited Jul 9, 2020 3:02am Jul 8, 2020 10:24am | Edited Jul 9, 2020 3:02am
hello guys its been a while... I have something interesting to share... it might interest you to check it out for yourself...
The 20-Pips predator strategy
Brief Introduction…
In a bid to be a consistent trader it is good to realize that all you need to be a successful trader is to have an edge over the market however tiny the edge might be and grinding that edge of yours consistently over time to make consistent net profit… the casino is a big eye opener of how this maths plays out...
I also discovered that this can only be achieved by looking for a generic price pattern or behavior that repeats regularly! This is what would keep you in the trading game and would help you in building a successful trading career.
Forex is risky and you would lose money trading live funds! Your goal is to manage your risk enough to a point where on the long run you are in consistent net profit…
Behold i present to you ‘the 20 pips predator strategy’…. I do not take credit for the original idea (but over time I have tweaked it to my taste). I encountered this concept early in my trading journey and it happens to have stood the test of time… I believe it is a good strategy that would pay any diligent trader who keeps to rules and has his/her psychology in good check.
Please you should practice this on your demo account for at least 40 trading days to see its proficiency… and remember this is just for educational purpose and you are solely responsible for the profit as well as the loses you incur as a result of using this information. Please be guided…
the full information is outlined in the pdf file below...
I do not take credit for the indicator as well... its been around in forums... many regards to its creator... you should also know that the indicator is not the reason why the trading idea would work.....

And for the records you can trade without the indicator... you can just manually outline the high and the low of the 6-7 GMT candle (whatever that time is in your zone).. and just map out the range just like the indicator does... and you would be good to go....
Attached File(s)
File Type: pdf 20 Pips Daily Predator.pdf   1.1 MB | 10,050 downloads
File Type: ex4 Predator box.ex4   55 KB | 4,129 downloads
Wisdom dwells with prudence discovering the knowledge of witty inventions
D-kings lengend trades All Time Pips: 3,675
  • #2
  • Jul 8, 2020 10:33am Jul 8, 2020 10:33am
pdf ?
  • #3
  • Jul 8, 2020 10:39am Jul 8, 2020 10:39am
any pdf to be uploaded Dashking?
  • #4
  • Jul 8, 2020 10:57am Jul 8, 2020 10:57am
check... i have updated the files... the pdf and indicator as well
Wisdom dwells with prudence discovering the knowledge of witty inventions
D-kings lengend trades All Time Pips: 3,675
  • #5
  • Jul 8, 2020 11:02am Jul 8, 2020 11:02am
Thankyou for uploading Dashking
  • #6
  • Jul 8, 2020 11:03am Jul 8, 2020 11:03am
here is my setting for the indicator... my time zone is gmt+1... so the timing happens to be 9-10 of my brokers time
Attached Image
Wisdom dwells with prudence discovering the knowledge of witty inventions
D-kings lengend trades All Time Pips: 3,675
  • #7
  • Jul 8, 2020 11:08am Jul 8, 2020 11:08am
here are the flash cards for today;s trade london session was a bit of break even...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: description for gbpusd.... 8th july.jpg Size: 301 KB
Click to Enlarge Name: eurgbp cear trend 8th of july.jpg Size: 215 KB
Click to Enlarge Name: eurusd 8th of july break even.jpg Size: 263 KB
Wisdom dwells with prudence discovering the knowledge of witty inventions
D-kings lengend trades All Time Pips: 3,675
  • #8
  • Jul 8, 2020 11:14am Jul 8, 2020 11:14am
i took a re- entry on the eurusd...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: rentry... eurusd.jpg Size: 238 KB
Click to Enlarge Name: price shoot up eurusd 8 july.jpg Size: 272 KB
Click to Enlarge Name: July 8 result hit.jpg Size: 318 KB
Wisdom dwells with prudence discovering the knowledge of witty inventions
D-kings lengend trades All Time Pips: 3,675
  • #9
  • Edited Jul 9, 2020 1:26am Jul 8, 2020 11:21am | Edited Jul 9, 2020 1:26am
the secret to this system lies in the triangulated nature of the three pairs we watch and trade(EURGBP,GBPUSD AND EURUSD).... a trend must unfold every day... one would be worked and the others would be released... do a back-test and let me know what you see...!
Wisdom dwells with prudence discovering the knowledge of witty inventions
D-kings lengend trades All Time Pips: 3,675
  • #10
  • Jul 8, 2020 12:36pm Jul 8, 2020 12:36pm
Do kind extrapolating on your triangulation?

in other words, are you saying you trade each pair each day, or rather A) you look at how the dollar is doing; B) you look at the strength of EUR vs GBP, and pick the pair that shows the most potential?

ie, If dollar is weak against both (like now) and the GBP is steonger than EUR, than you’re attempts today will be going long with the GBP/USD?
  • #11
  • Jul 8, 2020 1:04pm Jul 8, 2020 1:04pm
good staff
patience, patience, patience and after that more patience
  • #12
  • Jul 8, 2020 2:55pm Jul 8, 2020 2:55pm
Very interesting will check it out and check back in thanks
  • #13
  • Edited 5:50pm Jul 8, 2020 5:33pm | Edited 5:50pm
Quoting DashKing
i took a re- entry on the eurusd... {image} {image} {image}
where can i watch the video sessions you mentioned in the pdf thanks bro
  • #14
  • Edited 9:59pm Jul 8, 2020 8:31pm | Edited 9:59pm
Nothing new here...This appears to be the" Breakout Panca Eagle" indicator or a version ....Over the years I have seen many indicators re-named...Take care.
R
Attached File(s)
File Type: mq4 Breakout_PANCA_EAGLE 1.mq4   7 KB | 1,217 downloads
Ronnie Renko
  • #15
  • Jul 9, 2020 1:25am Jul 9, 2020 1:25am
Quoting DashKing
hello guys its been a while... I have something interesting to share... it might interest you to check it out for yourself... The 20-Pips predator strategy Brief Introduction… In a bid to be a consistent trader it is good to realize that all you need to be a successful trader is to have an edge over the market however tiny the edge might be and grinding that edge of yours consistently over time to make consistent net profit… the casino is a big eye opener of how this maths plays out... I also discovered that this can only be achieved by looking...

ok these breakout strategy wont be good.. chosing 20pips as sl and tp wont work. there will be whipsaw.. there are many breakout strategy which is same yours.. many people will lose money if they start trade using this.
  • #16
  • Jul 9, 2020 2:33am Jul 9, 2020 2:33am
Quoting Ced74
Nothing new here...This appears to be the" Breakout Panca Eagle" indicator or a version ....Over the years I have seen many indicators re-named...Take care. R {file}
same here......
Attached File(s)
File Type: ex4 Daily LinesBoxes(1).ex4   46 KB | 740 downloads
There`s no life before COFFEE!
  • #17
  • Edited 3:38am Jul 9, 2020 2:44am | Edited 3:38am
hello guys why the whole fuss about the indicator?... here is what i am trying to point out here
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aaff.jpg Size: 166 KB
Click to Enlarge Name: aaff2.jpg Size: 168 KB
Click to Enlarge Name: aaff3.jpg Size: 180 KB
Wisdom dwells with prudence discovering the knowledge of witty inventions
D-kings lengend trades All Time Pips: 3,675
  • #18
  • Edited 3:18am Jul 9, 2020 2:52am | Edited 3:18am
my major point is the edge in trading these three pairs...EURGBP,EURUSD and GBPUSD you wont have a totally boring day... something always moves precipitously among the three.... and since i decided to be lazy... i dont want to know which one will move... i just trade the break out.... somehow... one would have a full range trading day but all i need is a net 20pips at least...
except for nfp and other major news release its unusual to have a whipsaw in all three pairs...
Wisdom dwells with prudence discovering the knowledge of witty inventions
D-kings lengend trades All Time Pips: 3,675
  • #19
  • Jul 9, 2020 2:54am Jul 9, 2020 2:54am
i need you to try it out too...
Wisdom dwells with prudence discovering the knowledge of witty inventions
D-kings lengend trades All Time Pips: 3,675
  • #20
  • Jul 9, 2020 2:57am Jul 9, 2020 2:57am
Quoting tradeChaser
Do kind extrapolating on your triangulation? in other words, are you saying you trade each pair each day, or rather A) you look at how the dollar is doing; B) you look at the strength of EUR vs GBP, and pick the pair that shows the most potential? ie, If dollar is weak against both (like now) and the GBP is steonger than EUR, than you’re attempts today will be going long with the GBP/USD?
actually all i do is trade the three pairs... with the knowledge of fractional disparity how that two of the pairs would mostly have a clean directional move while one would be held in consolidation...no too much analysis....
Wisdom dwells with prudence discovering the knowledge of witty inventions
D-kings lengend trades All Time Pips: 3,675
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