My heart is my guide method

Good evening everybody

plz do not criticize my write cause English is not my mother language , i am sorry

My name is Fadi and this is my first participation, hope to be useful for all of you especially for whom facing troubles in gaining money in this bloody market.


I am a banker so I am not a free time trader, but I do well in this market thx Jesus

I have been in this market since 2004; and I have discovered & created many strategies, digital, classic & swings.

I am going now to explain my new trading method , it is simple easy & useful for all , I do not use indicators and I do not like it , I do believe that professionals charts always empty & clear .

Pairs: All currencies & pairs

Time frame: daily

Chart type: Candlestick

How to use:

- Before end of each day we open the daily chart for all pairs.

- If we have found two successive bullish candles followed by bearish candle which closed lower than the previous candle's open price then we go short.

- If we have found two successive bearish candles followed by bullish candle which closed higher than the previous candle's open price then we go long.

- Ignore long candles even if it is match the requirements.

- We stop the position if the price closed higher or lower than the last candle depending on the position .

- The targets is personal diligence and you can use any way you feel comfortable with , subject to be acceptable and convenient with the stop.


example :
http://www.arabictrader.com/vb/uploa...0_example1.JPG

The following example has several cases , 3 short & 3 long all were succeed , in the last buy case the candle was closed with a long candle however it has been ignored it to avoid high stop but we put pending buy order in the previous candle tail (Blue color)
http://www.arabictrader.com/vb/uploa...0_example2.JPG

The stop (sell):

In the following example has 8 cases , 4 buy all succeed and 4 sell two of them hit the stop.

Closing above the blue line mean stop and you can reverse the position but you should first study pair behavior .
http://www.arabictrader.com/vb/uploa...0_example3.JPG

Finally i hope all of you got the idea and apologize for my bad English.

this is the Arabic edition
http://www.arabictrader.com/vb/t68225.html

"And you will discover that the way to success was in front of your sight all the time , but you were not able to see & discover this simple secret"

Millionaire project

Fadi Kfouf

Very simple price action, i like it.

why the article has been moved ?

The reason is simple...
The powers that be do not like simple ... systems.
It has to be complex.

I have not figured out why this is?
I do not know how it benefits them?
but trust me it must!

good luck

Cheers

teb

where to take profits? how about the stop loss? thanks

good

aha

so i have to be away form that .
thx

i have explained that before , closing above/below the previous candle means stop
regarding the target , i take two lots , the first one's target is near the previous candle low/high depending on the position.
the second one's target post it near the first bottom/top facing the price, and i prefer to be more the 250 pip

hope it is clear

good morning every body

according to the strategy the following pairs have these positions

EURUSD SELL
AUDJPY SELL
CADJPY SELL
NZDCAD BUY
NZDJPY SELL
USDCHF BUY
AUDUSD SELL

I used to put & clarify the targets & stop loss but now i feel lazy
plz forgive me all

according to the method
EURGBP SHORT TARGET 8820 S/L 9035
GBPCHF LONG TARGET 1ST LOT 1.7050 2ND LOT 1.7200
S/L 1.6690
good luck

today NZDCHF to be sell

It's like morning and evening star formation

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Candlestick Patterns

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