Introduction: Braydensgrail is a unique, method for trading on the Forex Market. It is not a scalping method. It is the result of many years of trial and error and research and common-sense investing strategies (i.e., online trading, participating in forum discussions, looking into signal alert sites; and testing EA’s. The concept is aimed at profiting from the big 100-200 pip moves that occur in pairs.
The System:
1) Open any Forex chart, put the “Williams Percent Range” indicator just use the standard settings you don’t have to change anything. Next click and drag the “RSI” over the Williams Percent Range Indicator, using standard settings. Ok you’re done.
2) Next double-click “Accelerator Oscillator” once you have that on your chart click and drag the “Stochastic Oscillator” over it using standard settings.
Now, when the “Williams Percent Range” crosses below the “RSI” and the “Stochastic” and Accelerator Oscillators” cross below zero (0) at the same time, GO short! When the Williams Percent Range crosses over the “RSI” and the “Stochastic and Accelerator Oscillators” cross above zero at the same time, GO long! As an added option, I put a 50, 100, and 200 MA on my charts to both use a filter and trend direction.
Time Frame: H4 and Daily.
Note: The red lines are were the indicators/indicator crossed and trades were taken. If you notice the Williams/RSI sometimes crosses first or the Stochastic/AC crosses first (you could use this as an early entry if you want to) these indicators are powerful enough to be used independently. I will sometimes enter the market early if I feel price action is going to cooperate, however I am more confident about a trade when all the indicators are reflecting one another.
Stop Loss: I use a mental stop loss of -73 pips (depending on the pair and market conditions I sometimes increase it to -100 or more). If I have a trade open that is not yet in profit and I am going to bed or not going to be next to the computer for a few days I will place a stop loss with my broker. When a trade hits one pip profit I put a 15 or 25 point trailing stop on it (however if the market is acting volatile I will increase my trailing stop) and let it run until I am stopped out, but you can use which ever size trailing stop you want or your broker offers.
Money Management: As a "general rule"; I never risk more than 1% of total equity on any trade. Since everyone has a different account size I suggest you use a money management program that is best for your account.
2nd Note:Hi there folks, I won’t be posting any more signals on this thread (I never intended to make this thread a place to give signals) I just though I would post a few trades to let you all see how this system works, and because I received a few e-mails asking me to post, bank statements, credit card numbers, trading statements, etc.... ,so I though I would just post some trades instead, I hope that suffices. I would like to move on to other ways that we can improve this system that I may have missed. Read, learn, post, be happy, and thanks for stopping by.
The System:
1) Open any Forex chart, put the “Williams Percent Range” indicator just use the standard settings you don’t have to change anything. Next click and drag the “RSI” over the Williams Percent Range Indicator, using standard settings. Ok you’re done.
2) Next double-click “Accelerator Oscillator” once you have that on your chart click and drag the “Stochastic Oscillator” over it using standard settings.
Now, when the “Williams Percent Range” crosses below the “RSI” and the “Stochastic” and Accelerator Oscillators” cross below zero (0) at the same time, GO short! When the Williams Percent Range crosses over the “RSI” and the “Stochastic and Accelerator Oscillators” cross above zero at the same time, GO long! As an added option, I put a 50, 100, and 200 MA on my charts to both use a filter and trend direction.
Time Frame: H4 and Daily.
Note: The red lines are were the indicators/indicator crossed and trades were taken. If you notice the Williams/RSI sometimes crosses first or the Stochastic/AC crosses first (you could use this as an early entry if you want to) these indicators are powerful enough to be used independently. I will sometimes enter the market early if I feel price action is going to cooperate, however I am more confident about a trade when all the indicators are reflecting one another.
Stop Loss: I use a mental stop loss of -73 pips (depending on the pair and market conditions I sometimes increase it to -100 or more). If I have a trade open that is not yet in profit and I am going to bed or not going to be next to the computer for a few days I will place a stop loss with my broker. When a trade hits one pip profit I put a 15 or 25 point trailing stop on it (however if the market is acting volatile I will increase my trailing stop) and let it run until I am stopped out, but you can use which ever size trailing stop you want or your broker offers.
Money Management: As a "general rule"; I never risk more than 1% of total equity on any trade. Since everyone has a different account size I suggest you use a money management program that is best for your account.
2nd Note:Hi there folks, I won’t be posting any more signals on this thread (I never intended to make this thread a place to give signals) I just though I would post a few trades to let you all see how this system works, and because I received a few e-mails asking me to post, bank statements, credit card numbers, trading statements, etc.... ,so I though I would just post some trades instead, I hope that suffices. I would like to move on to other ways that we can improve this system that I may have missed. Read, learn, post, be happy, and thanks for stopping by.
It's me...
