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Sharing my profitable and simple strategy

  • #1
  • First Post: Edited Aug 15, 2014 5:16am Jul 7, 2014 1:33pm | Edited Aug 15, 2014 5:16am
hi all traders
i decided to share my trading strategy i really hope you'll like and enjoy using it.
Firstly sorry for my bad english , but maybe writing i can improve it...heheh
This system is till now completely manual, but if somebody want to create some ea we can talk about it and create it, it will be amazing!
I use this strategy by 4 -5 years old and i really can say it's very profitable, at least 30 % or more by month, it's doesn't make you too much stressed cause it refers to 4h chart.
I will try to explain it but the images will help you and me to make it clean.
Ok, let's explain simple rules.

After a trend , price usually make a range, often price go to hunter stop and go in the opposite direction, well, we will enter when price hunt stop.
HOW??
Take 4h chart , take a candle who make a strong min or max(i help myself with bollinger bands to do it) wait price break the min or max for a few pips and when it go back and re-enter in the previous candle we will buy/sell.
look the images to help you for the entry.
The most important thing in this strategy is the money management, cause we will risk 3-4 pips, to earn 25-30 pips or more.
REMEMBER WE NEED ONLY 3-4 TRADES PER WEEK !
Well, try to understand this ,that is only the basic of the strategy, for sure to have better performance we need to filter on 1 min chart...
but this will be explained later!

http://gyazo.com/987890d09a5dd15f7609b124089b4ef6

http://gyazo.com/2dbd1c0f41e0b129965f42fb9fcf5dc8
  • #2
  • Jul 7, 2014 3:14pm Jul 7, 2014 3:14pm
Quoting Nepul
Take 4h chart , take a candle who make a strong min or max(i help myself with bollinger bands to do it) wait price break the min or max of maximum 4 pips and when it go back and re-enter in the previous candle we will buy/sell
hi. thx for the strategy.
a couple of questions though:
1. does it work on other timeframes? How? What currency pairs?

2. can you explain what you mean by 'strong min or max' and how you use Bollinger band to do it?

3. where do you place your SL and TP?

Thx for your time!
  • #3
  • Jul 7, 2014 3:56pm Jul 7, 2014 3:56pm
Quoting Nepul
hi all traders i decided to share my trading strategy i really hope you'll like and enjoy using it. Firstly sorry for my bad english , but maybe writing i can improve it...heheh This system is till now completely manually, but if somebody want to create some ea we can talk about it and create it, it will be amazing! I use this strategy by 4 -5 years old and i really can say it's very profitable, at least 30 % or more by month, it's doesn't make you too much stressed cause it refers to 4h chart. I will try to explain it but the images will...
at least 30% a month for 4-5 years........
It's a buy the dip scheme, ya feel me?
  • #4
  • Jul 7, 2014 7:11pm Jul 7, 2014 7:11pm
Tell us more
  • #5
  • Jul 7, 2014 7:40pm Jul 7, 2014 7:40pm
30% AT LEAST per month for 5 years...

Hum... I doubt it somehow.
Starting at 100$, this fellow is able to buy the entire country where he lives by now.

But I would like to hear more from him and his method. It is far from being clear. This trader obviously has difficulty with English. If someone understands what he is talking about, would you be kind enough to translate.
Thanks.
Insider
  • #6
  • Jul 7, 2014 8:52pm Jul 7, 2014 8:52pm
Quoting Nepul
After a trend , price usually make a range, often price go to hunter stop and go in the opposite direction, well, we will enter when price hunt stop.
Hi Nepul,
I saw in your pictures you use MT. May be you don't know, but in MT there is an "amazing" plugin that provides all your stops to your broker. Hence your conclusions about "when price hunt stop". Actually, you should say "when broker hunt stop". This is strategy will make sence if you have good quality of data. I think your MT is free for you (nothing is free). Compare Pivot Point levels on MT with eSignal. Difference will be sometime up to 40 pips. My suggestion: you shouldn't use MT.
  • #7
  • Jul 8, 2014 12:56am Jul 8, 2014 12:56am
i don't wanna object about your method but
those who wanna open 3 or 4 position per week better trade for stock or another market
because one of the advantages of Forex Market is the ability to trade more than other Market and traders here (mean Forex Market) for trading in any moment and try to find opportunity to trade and may make money
I think you misunderstand Forex with other Markets
Don’t follow someone else’s trading advice blindly
  • #8
  • Jul 8, 2014 3:05am Jul 8, 2014 3:05am
Quoting kamifx
i don't wanna object about your method but those who wanna open 3 or 4 position per week better trade for stock or another market because one of the advantages of Forex Market is the ability to trade more than other Market and traders here (mean Forex Market) for trading in any moment and try to find opportunity to trade and may make money I think you misunderstand Forex with other Markets
Sorry buddy but that's just plain incorrect lol. Just because the leverage in forex allows a higher quantity of trades than other markets (ie. securities), doesn't mean you should. Over-trading is a forex traders worst enemy and every successful forex trader will attest to that. If you can be in and out of the market with high probability setups in 3-4 positions a week, that will do wonders to your trading psychology and mentality when trading higher lot sizes, along with other advantages.
  • #9
  • Jul 8, 2014 4:27am Jul 8, 2014 4:27am
Quoting Nepul
hi all traders i decided to share my trading strategy i really hope you'll like and enjoy using it. Firstly sorry for my bad english , but maybe writing i can improve it...heheh This system is till now completely manually, but if somebody want to create some ea we can talk about it and create it, it will be amazing! I use this strategy by 4 -5 years old and i really can say it's very profitable, at least 30 % or more by month, it's doesn't make you too much stressed cause it refers to 4h chart. I will try to explain it but the images will...
This looks interesting. I can't understand very well the part with entering.. I guess we should switch to other timeframe and look for an opportunity. "strong min or max" is the other unclear part
I want money!
  • #10
  • Jul 8, 2014 5:52am Jul 8, 2014 5:52am
  • #11
  • Jul 8, 2014 6:02am Jul 8, 2014 6:02am
Quoting Nepul
hi all traders i decided to share my trading strategy i really hope you'll like and enjoy using it. Firstly sorry for my bad english , but maybe writing i can improve it...heheh This system is till now completely manually, but if somebody want to create some ea we can talk about it and create it, it will be amazing! I use this strategy by 4 -5 years old and i really can say it's very profitable, at least 30 % or more by month, it's doesn't make you too much stressed cause it refers to 4h chart. I will try to explain it but the images will...
I see in all your threads you start it is because EA for trading.
believe me there is no EA what will make you rich same you already, because of your gain of 30% per month last years

good day
  • #12
  • Jul 8, 2014 6:03am Jul 8, 2014 6:03am
Quoting insider999
30% AT LEAST per month for 5 years... Hum... I doubt it somehow. Starting at 100$, this fellow is able to buy the entire country where he lives by now.
  • #13
  • Jul 8, 2014 6:47am Jul 8, 2014 6:47am
Do you mean long wicks on support/resist area? Wait for wick candle goes to sup/res zone then go original direction ? If yo have a proof on myfxbook for 3-4 year, send me pm
  • #14
  • Jul 8, 2014 7:01am Jul 8, 2014 7:01am
Ok, I will try to make a go of this so that I can understand a little clearer what it is Nepul is trying to say.

> After a trend, price will usually trade in a range at which point stops are hunted and taken out for price to reverse and go in the opposite direction.
> When we see a candle with strong movement (causing a new high or low) we will wait to see if the following candle breaks this high or low by 4 pips and then reverses and closes inside of the previous candle.
> If the candle has broken the high by 4 pips and reversed and closed then we will sell. If it has broken the low and reversed then we will buy.

Apologies if this is wrong, but this is what I make of it!
  • #15
  • Jul 8, 2014 7:10am Jul 8, 2014 7:10am
Quoting Naokia980
Do you mean long wicks on support/resist area? Wait for wick candle goes to sup/res zone then go original direction ? If yo have a proof on myfxbook for 3-4 year, send me pm

ahahahahahah...you're so nice man !
why i should proof something to you?? do you pay me?? ahahahah...
i'm not here to give some proof , i'm here to share my strategy, if you are interested ok, if not, it's your problem, i dont need you believe me.

If you're interested to this strategy , try to understand it, then test it on a demo account.


In this forum i learned a lot of things , so all i want is to return something, for this reason i share my strategy, if somebody is really interested to it i can continue, else sorry for the disturb
  • #16
  • Jul 8, 2014 7:15am Jul 8, 2014 7:15am
Quoting zhangshuo
{quote} hi. thx for the strategy. a couple of questions though: 1. does it work on other timeframes? How? What currency pairs? 2. can you explain what you mean by 'strong min or max' and how you use Bollinger band to do it? 3. where do you place your SL and TP? Thx for your time!

thanks for the questions :
1) it work on all timeframes, by the way as you can see your stop loss remain more or less the same while take profit change, if you find a big hunter on a 15 min you should risk 3-4 pips, to take 10-15, while if you do it on a 4h you should risk 3-4 pips, but you can earn also 30-40 pips.so it's more profitable on bigger timeframe. This strategy come from futures market, you can use also in forex with almost all the currency pairs.
2) today i will post some images to help you to understand better what i mean with strong min or max.
3) stop loss above the max, and below the min. take profit where you want, i use price action to filter better.
  • #17
  • Jul 8, 2014 7:19am Jul 8, 2014 7:19am
Quoting Nepul
{quote} ahahahahahah...you're so nice man ! why i should proof something to you?? do you pay me?? ahahahah... i'm not here to give some proof , i'm here to share my strategy, if you are interested ok, if not, it's your problem, i dont need you believe me. If you're interested to this strategy , try to understand it, then test it on a demo account. In this forum i learned a lot of things , so all i want is to return something, for this reason i share my strategy, if somebody is really interested to it i can continue, else sorry for the disturb
Nepul hi! please continue to share your chart. I think this is what Im looking for. Thanks!
  • #18
  • Jul 8, 2014 8:01am Jul 8, 2014 8:01am
Quoting Nepul
{quote} thanks for the questions : 1) it work on all timeframes, by the way as you can see your stop loss remain more or less the same while take profit change, if you find a big hunter on a 15 min you should risk 3-4 pips, to take 10-15, while if you do it on a 4h you should risk 3-4 pips, but you can earn also 30-40 pips.so it's more profitable on bigger timeframe. This strategy come from futures market, you can use also in forex with almost all the currency pairs. 2) today i will post some images to help you to understand better what i mean with...
  • #19
  • Jul 8, 2014 8:12am Jul 8, 2014 8:12am
In this image an example of what i want to mean for strong min or max

http://gyazo.com/eec4f45e0d6cf8a01c6d4e8ce028e824

If you want you can filter better with bollinger bands...indeed there's more probability of a retrace or a end of the trend when a big candle close out from the bands.
  • #20
  • Jul 8, 2014 8:16am Jul 8, 2014 8:16am
Your strategy seems to be very good. Me and a lot of others are interested in learning it.
Thanks a lot for sharing and please, keep on showing us your strategy.
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