monthly gbp/usd system | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

Simple Monthly System (see attached calculator) 48 replies

GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies

Paradox system avg monthly ROR for last 12 months 33 replies

Another great Breakout GBP/JPY System (Dachel's Simple system) 62 replies

Attachments: monthly gbp/usd system
Exit Attachments

monthly gbp/usd system

  • #1
  • First Post: Feb 27, 2008 5:25pm Feb 27, 2008 5:25pm
hi i want to show you how to get monthly income , no stress and only one trade every month
and i can get 50% / month of my equity with this system

only what you do is looking up NFP news
then set buy stop 10pips + spread in resistance level and sell stop 10 pips + spread in support level
wait until news released

set your stop 30 pips and target poin 150 pips use margin 30% of your equity

how to know resistance and support
only you do is looking up higher price and lower price in half of the day before news release

if i my equity $3000 i use 1 lot to trade and i can get $1500
it's mean i have monthly income 50% of my $3000
that is simple way to trade no risk no stress

sorry my english is not good see you
  • #2
  • Feb 27, 2008 6:43pm Feb 27, 2008 6:43pm
Quoting forexadvisor
hi i want to show you how to get monthly income , no stress and only one trade every month
and i can get 50% / month of my equity with this system

only what you do is looking up NFP news
then set buy stop 10pips + spread in resistance level and sell stop 10 pips + spread in support level
wait until news released

set your stop 30 pips and target poin 150 pips use margin 30% of your equity

how to know resistance and support
only you do is looking up higher price and lower price in half of the day before news release

if i my equity $3000 i use 1 lot to trade and i can get $1500
it's mean i have monthly income 50% of my $3000
that is simple way to trade no risk no stress

sorry my english is not good see you
Hi
Can you post a chart of a trade?
Thanks
  • #3
  • Feb 27, 2008 7:30pm Feb 27, 2008 7:30pm
LOL, 50% in one day! This guy's a genius!
  • #4
  • Feb 27, 2008 7:45pm Feb 27, 2008 7:45pm
Quoting forexmoments
LOL, 50% in one day! This guy's a genius!
You would make 50% in one day if you hit the 150 pip PT.

Going back on a chart, I don't see that many winning days. I see a lot of losers also.
  • #5
  • Feb 27, 2008 9:25pm Feb 27, 2008 9:25pm
Quoting billbss
You would make 50% in one day if you hit the 150 pip PT.

Going back on a chart, I don't see that many winning days. I see a lot of losers also.
i don't know why you don't see that many winning days , you can prove it when NFP released 7 march you can see that price always moving 200 pips from resistance and support level and I always get 150 pips from it.

NFP news is a BIG news pal!!! many trader wait for it and i use this news to get 50% monthly income. I only one trade every month. no stress no rishttp://forexfactory.com/attachment.p...1&d=1204169038k.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd news.gif Size: 23 KB
  • #6
  • Feb 27, 2008 10:02pm Feb 27, 2008 10:02pm
Quoting forexadvisor
i don't know why you don't see that many winning days , you can prove it when NFP released 7 march you can see that price always moving 200 pips from resistance and support level and I always get 150 pips from it.

NFP news is a BIG news pal!!! many trader wait for it and i use this news to get 50% monthly income. I only one trade every month. no stress no rishttp://forexfactory.com/attachment.p...1&d=1204169038k.

It looks like you're going back two or three days to get your resistance and support.
I thought you said to go back half a day.
  • #7
  • Feb 27, 2008 10:09pm Feb 27, 2008 10:09pm
Quoting forexadvisor
hi i want to show you how to get monthly income , no stress and only one trade every month
and i can get 50% / month of my equity with this system

only what you do is looking up NFP news
then set buy stop 10pips + spread in resistance level and sell stop 10 pips + spread in support level
wait until news released

set your stop 30 pips and target poin 150 pips use margin 30% of your equity

how to know resistance and support
only you do is looking up higher price and lower price in half of the day before news release

if i my equity $3000 i use 1 lot to trade and i can get $1500
it's mean i have monthly income 50% of my $3000
that is simple way to trade no risk no stress

sorry my english is not good see you
You risk 30% of your capital on one trade for a 30 pips stop loss that too for a GBP trade. How can this be stress free and risk free.

Not sure what is your edge in this approach. Is it a 95% winning rate?

Thanks
TradeStar
Haste not to Enter AND Haste not to Exit !-TradeStar
  • #8
  • Feb 27, 2008 11:55pm Feb 27, 2008 11:55pm
sorry i can't explain well because my english is not good but i want to explain that i set my stop loss when the price is moving and the news is released
it's mean that when the price is moving 100 pips i set stop loss + 30pips
and if the price not touch target point i still get gain 30 pips .
in my experience when NFP release , 100% probability the price is moving fast
i hope you guys understand what i mean

thanks
  • #9
  • Feb 28, 2008 12:22am Feb 28, 2008 12:22am
You seem to forget that most of the time the NFP effect is pretty much INSTANT. The occasion you had presented was UNUSUAL. If one were to place a straddle on an NFP release with stop orders the outcome is guarenteed to be GRIM. i.e you will be filled near the end of the spike.
  • #10
  • Last Post: Feb 28, 2008 1:32am Feb 28, 2008 1:32am
This guy is a waffler.
0 traders viewing now