i have started trading forex in 2015, and first trading style i found easy for me was "Average Down Strategy"...
very high risk, and yes countless account i have blown before to make story short...
before and during pandemic stage i was become a follower and fascinated of BBMA strategy specially with Akim and Comar...
i had as well using Pivot prof of MAxDoom for long time...
plenty of style, strategy and indicators out there to try/running it with live accounts...
some say laggy, useless and unprofitable...
me say "yes all of those correct!"...
for some reason its about you and you finger when you will enter and get out of trade with profit...
for me its not about how many pips i made every time i took buy/sell...
trend is a friend, yes it is.
but it's not because of trend up you have to buy, or trend down you have to sell...
but also we say "buy low and sell high"...
ok then, lets just keep moving on...
Daily set up!
1- Daily open indicator(buy only when price is above open and sell if price below)
2- BBMA rules REE if there is set up
3- Stochastic Oscillator (filter for entry/exit only)
4- Pivot Prof
5- Fibo Extension
6- London/Us open
once i enter the market there is always buff, somedays unlikely move against me 30-40 pips...
during that period i use to keep add more position and wait for correction move...
waiting and keep adding till it move back to my favor in short period where i can get my small amount of target...
normally i didn't look for pips, i want only the return money...
don't care about losing pips, care for how i make profit...
=== 2023 LIQUIDITY GRAB ===
https://www.forexfactory.com/thread/...2#post14274902
Pair to trade:
Gold
EurUsd
GbpUsd
Nq100
Us30
UsOil
Ger30/40
DURING WEEKEND ONLY!
BTC
ETH
TF:
15mins for entry
H4 for trend confirmation and entry
D1 finding Support & Resistance
Lot size:
micro 0.01 to 0.05
so when i get caught in wrong timing and direction i can still add small amount with enough control of my leverage to hold and exit with profit...
i barely hold over night trades, unless i am more confident my trade wont flip from gaining to losing...
Daily Target(scalping):
4-10% if lucky and in given day!
=========================
Let me add here Quarterly behavior of Gold!
1st Quarter end
Very volatile and price stretch alot in january, during peak time of russia invasion in ukraine. Somehow during the peace talk it become more worse, then the FED had there rate hike speculation...
2nd Quarter end
Gold price started with bull power and drop the price below. FED raise the data, inflation discussion drive the market nuts. Somehow Q2 in high TF took sideway for many weeks, every price retest at BB upper and lower band was good set up for seller and buyer.
3rd Quarter end
Same with 2nd quarter, GOLD last 2 days flip the price to reversal.
inflation still high, still looking for more bear show till dec...
Just started with a strong break, dollar too strong...
*july 6 FOMC data, nothing much happen with gold...
*july 13 USD CPI m/m 1.3% 1.1% 1.0% ; USD Core CPI m/m 0.7% 0.5% 0.6%
gold drop $22 and rebound $38...
*july 27 FOMC data, USD Federal Funds Rate 2.50% 2.50% 1.75%
good rate hike drop $14 then gold flew $20
*sept 21 FOMC data, USD Federal Funds Rate 3.25% 3.25% 2.50%
good rate hike drop $14 then gold flew $20
*OCT 13 CPI m/m 0.4% 0.2% 0.1%
gold drop $44 and rebound $26
EU drop $116pips and rebound $167pips
GU drop $129 and rebound $226pips
UCAD fly $188pips and drop $243pips
4th Quarter
open with strong sell for all major pairs...
*Nov 2 FOMC data, USD Federal Funds Rate 4.00% 4.00% 1.75%
gold rate hike flew $21 then gold drop $33
EU flew 100pips then drop 150pips
GU flew 102pips then drop 170pips
*Nov 10
CPI m/m 0.4% 0.6% 0.4%
gold fly $25 to $45
EU fly 163 pips to 265 pips
GU fly 185 pips to 318 pips
us30 fly 870 pts to 1200 pts
*Dec 13
CPI m/m 0.1% 0.3% 0.4%
gold fly $23 to $33 then drop $18
GU fly 150 pips then drop 98 pips
us30 fly 745 pts then drop 950 pts
UsOil fly 280 pips then drop 120 pips
*Dec 14 FOMC data, USD Federal Funds Rate 4.50% 4.50% 4.00%
gold drop $17 then flew $21
GU drop 72pips then flew 101pips
***2023***
1st Quarter
*jan 04
ISM Manufacturing PMI 48.4 48.5 49.0
JOLTS Job Opening 10.46M 10.04M 10.33M
*feb 01
Federal Funds Rate 4.75% 4.75% 4.50%
My BBMA Basic Mapping:
https://t.me/spijack_journal
indicator's:
mt4
EA trade manager
USD
Federal Funds Rate
4.00% 4.00% 3.25%
ISM Manufacturing PMI
48.5 49.0 USD
JOLTS Job Openings
10.04M 10.33M
very high risk, and yes countless account i have blown before to make story short...
before and during pandemic stage i was become a follower and fascinated of BBMA strategy specially with Akim and Comar...
i had as well using Pivot prof of MAxDoom for long time...
plenty of style, strategy and indicators out there to try/running it with live accounts...
some say laggy, useless and unprofitable...
me say "yes all of those correct!"...
for some reason its about you and you finger when you will enter and get out of trade with profit...
for me its not about how many pips i made every time i took buy/sell...
trend is a friend, yes it is.
but it's not because of trend up you have to buy, or trend down you have to sell...
but also we say "buy low and sell high"...
ok then, lets just keep moving on...
Daily set up!
1- Daily open indicator(buy only when price is above open and sell if price below)
2- BBMA rules REE if there is set up
3- Stochastic Oscillator (filter for entry/exit only)
4- Pivot Prof
5- Fibo Extension
6- London/Us open
once i enter the market there is always buff, somedays unlikely move against me 30-40 pips...
during that period i use to keep add more position and wait for correction move...
waiting and keep adding till it move back to my favor in short period where i can get my small amount of target...
normally i didn't look for pips, i want only the return money...
don't care about losing pips, care for how i make profit...
=== 2023 LIQUIDITY GRAB ===
https://www.forexfactory.com/thread/...2#post14274902
Pair to trade:
Gold
GbpUsd
Us30
UsOil
DURING WEEKEND ONLY!
TF:
H4 for trend confirmation and entry
D1 finding Support & Resistance
Lot size:
micro 0.01 to 0.05
so when i get caught in wrong timing and direction i can still add small amount with enough control of my leverage to hold and exit with profit...
i barely hold over night trades, unless i am more confident my trade wont flip from gaining to losing...
Daily Target(scalping):
4-10% if lucky and in given day!
=========================
Let me add here Quarterly behavior of Gold!
1st Quarter end
Very volatile and price stretch alot in january, during peak time of russia invasion in ukraine. Somehow during the peace talk it become more worse, then the FED had there rate hike speculation...
2nd Quarter end
Gold price started with bull power and drop the price below. FED raise the data, inflation discussion drive the market nuts. Somehow Q2 in high TF took sideway for many weeks, every price retest at BB upper and lower band was good set up for seller and buyer.
3rd Quarter end
Same with 2nd quarter, GOLD last 2 days flip the price to reversal.
inflation still high, still looking for more bear show till dec...
Just started with a strong break, dollar too strong...
*july 6 FOMC data, nothing much happen with gold...
*july 13 USD CPI m/m 1.3% 1.1% 1.0% ; USD Core CPI m/m 0.7% 0.5% 0.6%
gold drop $22 and rebound $38...
*july 27 FOMC data, USD Federal Funds Rate 2.50% 2.50% 1.75%
good rate hike drop $14 then gold flew $20
*sept 21 FOMC data, USD Federal Funds Rate 3.25% 3.25% 2.50%
good rate hike drop $14 then gold flew $20
*OCT 13 CPI m/m 0.4% 0.2% 0.1%
gold drop $44 and rebound $26
EU drop $116pips and rebound $167pips
GU drop $129 and rebound $226pips
UCAD fly $188pips and drop $243pips
4th Quarter
open with strong sell for all major pairs...
*Nov 2 FOMC data, USD Federal Funds Rate 4.00% 4.00% 1.75%
gold rate hike flew $21 then gold drop $33
EU flew 100pips then drop 150pips
GU flew 102pips then drop 170pips
*Nov 10
CPI m/m 0.4% 0.6% 0.4%
gold fly $25 to $45
EU fly 163 pips to 265 pips
GU fly 185 pips to 318 pips
us30 fly 870 pts to 1200 pts
*Dec 13
CPI m/m 0.1% 0.3% 0.4%
gold fly $23 to $33 then drop $18
GU fly 150 pips then drop 98 pips
us30 fly 745 pts then drop 950 pts
UsOil fly 280 pips then drop 120 pips
*Dec 14 FOMC data, USD Federal Funds Rate 4.50% 4.50% 4.00%
gold drop $17 then flew $21
GU drop 72pips then flew 101pips
***2023***
1st Quarter
*jan 04
ISM Manufacturing PMI 48.4 48.5 49.0
JOLTS Job Opening 10.46M 10.04M 10.33M
*feb 01
Federal Funds Rate 4.75% 4.75% 4.50%
My BBMA Basic Mapping:
https://t.me/spijack_journal
indicator's:
mt4
EA trade manager
USD
Federal Funds Rate
4.00% 4.00% 3.25%
ISM Manufacturing PMI
48.5 49.0 USD
JOLTS Job Openings
10.04M 10.33M
"bad trades at times do happen even when the set up are good"
.
