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Notable numbers strategy

  • #81
  • Apr 28, 2023 12:05pm Apr 28, 2023 12:05pm
Quoting joyny
Now working notable numbers signal EURCAD. For now 78 pips in profit but still 20 till target. Keep waiting maybe next week will reach. Are you patient?
Hit tp 97 pips. Ok peace for weekends.
  • #82
  • May 19, 2023 9:37am May 19, 2023 9:37am
Quoting joyny
CADJPY Here is the reverse setup - price beats notable number level and continues trend direction. Notable number is "88", for example, the valid price level to monitor is 104.88 BUY when the previous 41 days high/low prices are below our notable price level with "88" so the price reaches "88" from below. SELL when the previous 41 days high/low prices are above our notable price level with "88" so the price reaches "88" from above. TP 1%, SL 0.75% Entry time: 14:00 - 22:00 (London +2h)
In May so far 2 deals. The only one notable number setup where we expect for trend to continue and not rebounce from notable number price - CADJPY.

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  • #83
  • May 26, 2023 4:38pm May 26, 2023 4:38pm
Reached 100% profit in 7 months:

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  • #84
  • Jun 2, 2023 2:25am Jun 2, 2023 2:25am
June started with +86 pips for EURUSD.

Here is how each symbol performed:

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Till this day still no entries were for AUDNZD.
  • #85
  • Jun 4, 2023 4:53am Jun 4, 2023 4:53am
In the world of business, it is widely acknowledged that success depends on the ability to be in the right place at the right time. This principle holds true in the context of forex trading as well. But what exactly does it mean to be in the right place and at the right time in forex? Let's explore.

In forex trading, the term "place" refers to the trading instrument itself. It could be a currency pair such as EUR/USD or GBP/JPY, or any other financial instrument that is traded in the forex market. Choosing the right instrument to trade is crucial because different instruments exhibit varying levels of volatility, liquidity, and trading opportunities.

On the other hand, "time" in forex trading refers to the specific duration within which trades are executed. It can range from as short as a few minutes or hours, to several days, weeks, or even months.

For example, there can be conditions related to specific timeframes, such as trading only between 2 PM and 4 PM on Mondays, or opening trades precisely at round hours. Another condition could be to open trades exclusively at 4:30 PM. By carefully analyzing trading data, one can discover an unlimited number of time-related conditions where a particular strategy has been effective for more than 10 years.

Similar to agriculture, where it would be futile to plant seeds in the winter, in forex trading, it is essential to execute trades at the right time. Timing plays a crucial role in capturing market movements, identifying trends, and maximizing trading opportunities.

By observing the principle of being in the right place and at the right time, many seemingly ineffective trading strategies can suddenly start to yield positive results.
  • #86
  • Jun 4, 2023 9:27am Jun 4, 2023 9:27am
Hi joyny, thanks for sharing your research!
What do you mean by taking % of TP/SL targets, if you don't mind elaborating? Thank you! This is a wonderful and simple strategy.
  • #87
  • Jun 5, 2023 7:10am Jun 5, 2023 7:10am
Quoting HazHazHaz
Hi joyny, thanks for sharing your research! What do you mean by taking % of TP/SL targets, if you don't mind elaborating? Thank you! This is a wonderful and simple strategy.
Calculate TP/SL using % of price change. For example EURUSD on entry 1.0667 TP 0.8% SL 0.5%:

TP: 1.0667 + 1.0667 * 0.8/100 = 1.0667 + 0.0085 = 1.0752
SL: 1.0667 - 1.0667 * 0.5/100 = 1.0667 - 0.0053 = 1.0614
  • #88
  • Jun 5, 2023 1:55pm Jun 5, 2023 1:55pm
Quoting joyny
{quote} In May so far 2 deals. The only one notable number setup where we expect for trend to continue and not rebounce from notable number price - CADJPY. {image}
Is that Blow Me Away Tech or Blow Me Off Tech? Hopefully, the Away version.
  • #89
  • Jun 14, 2023 8:17am Jun 14, 2023 8:17am
CADJPY signal closed with tp 103 pips 2 days ago. The position was opened 9 days... once it reached 95pips and then retraced. Finally, all done.

How is going trading this strategy for 2 more people here? Can you manage to wait till TP targets?

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  • #90
  • Jun 15, 2023 12:20am Jun 15, 2023 12:20am
Yesterday quick pips for AUDUSD sell entry:

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  • #91
  • Jun 16, 2023 9:36am Jun 16, 2023 9:36am
CADJPY good - 3 TP in a row ~100+ pips each. Today closed another BUY quite quickly this time - in 1 day.

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as we can see from historical analysis of CADJPY signal - it is possible 5x in a row TP series.

From history, we see that the max holding time in backtests from 2013 to 2020 was 10 days and in forwardtests from 2020 to 2023 was max of 13 days holding (we had 9 days now in live trading).

CADJPY is the only notable number signal from our portfolio where we expect to break the notable number "88" and continue the trend. So far all according to the analysis
  • #92
  • Jun 17, 2023 12:42am Jun 17, 2023 12:42am
June is the best month so far for notable numbers strategy. First time this strategy is noticed by Darwinex team:

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  • #93
  • Jun 19, 2023 5:21am Jun 19, 2023 5:21am
Quoting joyny
CADJPY Here is the reverse setup - price beats notable number level and continues trend direction. Notable number is "88", for example, the valid price level to monitor is 104.88 BUY when the previous 41 days high/low prices are below our notable price level with "88" so the price reaches "88" from below. SELL when the previous 41 days high/low prices are above our notable price level with "88" so the price reaches "88" from above. TP 1%, SL 0.75% Entry time: 14:00 - 22:00 (London +2h) {image} {file}{file}
just to clarify, time to trade is 2h after london open to? are the times u wrote in GMT+0?
Seek first to understand, then to be understood
  • #94
  • Jun 19, 2023 9:08am Jun 19, 2023 9:08am
Quoting toshio
{quote} just to clarify, time to trade is 2h after london open to? are the times u wrote in GMT+0?
I mean GMT+2

In my analysis if time is 17:00 then in London it is 15:00

For CADJPY entry time: 14:00 - 22:00 (London +2h) if trading from London (UK) then it would be 12:00 - 20:00.
  • #95
  • Jun 19, 2023 11:11am Jun 19, 2023 11:11am
Quoting joyny
{quote} {quote} {image}
Does this mean we dont place the limit order not unless the price is nearing the notable number level? we need to wait for it to come close to the level then we can place a limit order based on the specified times?
we cant place a limit order days in advance?
Seek first to understand, then to be understood
  • #96
  • Jun 19, 2023 12:47pm Jun 19, 2023 12:47pm
Quoting toshio
{quote} Does this mean we dont place the limit order not unless the price is nearing the notable number level? we need to wait for it to come close to the level then we can place a limit order based on the specified times? we cant place a limit order days in advance?
If valid time is from 16:00 to 20:00 then at 16:00 you can place limit order with expiration time 21:00.

Or you can subscribe to free signal notification and place market orders.
  • #97
  • Edited 3:46am Jun 23, 2023 3:30am | Edited 3:46am
Closed SELL on EURUSD with TP 87 pips, deal was opened 7 days, entry was on 1.0966. And after 45 minutes opened BUY on 1.0866.

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Quite frequent entries for EURUSD..

For now, 14 entries and 71% profitable, while risk reward ratio is ~5/8.

From history profitable trades ~58% in backtests and ~52% if forwardtests.

Here we see the fluctuation of profitability % reaching the upper limit and can be expected some DD for this particular signal. 71% is way too big a success rate to keep it continuing to rise.
  • #98
  • Jun 23, 2023 3:34am Jun 23, 2023 3:34am
Quoting joyny
Closed SELL on EURUSD with TP 87 pips, deal was opened 7 days, entry was on 1.0966. And after 45 minutes opened BUY on 1.0866. {image} Quite frequent entries for EURUSD..
How did you come up with this trade idea 7 days ago?
You have an IQ lower than 90 if you interact with this user.
  • #99
  • Jun 23, 2023 3:39am Jun 23, 2023 3:39am
Quoting Ferna
{quote} How did you come up with this trade idea 7 days ago?
According to the rules described in the post nr1.
  • #100
  • Jun 23, 2023 4:12am Jun 23, 2023 4:12am
hey JOYNY, you work is absolutely impressive, its not a coincidence that EURUSD AND EURGBP have same notable number series. i have noticed both pairs are similar..

its time we get a simple indicator to highlight this numbers on our screens... i have no coding knowledge but there are sites for coding indicators without coding. i will see what i can come up with and post it here... once again great work
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