Hello Everyone,
Greetings from Varun
Whatsoever the people say, the fact is majority of the people lose money in FOREX, and that's true. It involves huge amount of risk, chances of getting bankrupt is more, you can lose your pants and can find it nowhere else but at the same time it is much more profitable involves least amount of risk and it can get your desires fulfill immediately IF DONE THE RIGHT WAY.
Before I proceed further, Let me introduce myself. My name is Varun, I live in Canada but most of the time I travel throughout the world. I trade Forex to support myself and my dreams. To keep it short, I have gone through all the stages, a trader face (most of them ) in this world of Forex, and now I make some amount of profit trading Forex in a consistent way.
Reason for putting this system on Forex Faactory :
This strategy is not a "Holy grail" but it does makes some decent profit. In 2012 I started "Gambling" (analyzing after placing trade) and use to come to this forum, just to see if any high impact member have posted something positive about the currency pair on which I was loosing terribly. Coming to the present time I realized there are still a bunch of traders who do the same, So I gave it a thought to share this with you all, and here it is.
Don't prove me wrong
Just before you proceed to download the system, I want to share few words with you. If a person tries to help the society, community or even the entire world to the level best he can, at least he should not be criticized, he is not asking for anything but making you better by spending his time, efforts and the knowledge he gained. This is not for most of the people reading this thread but particularly a few ready to indulge them self for a fight to prove the person wrong and guilty for no reason and it makes no sense. I hope you understand and will not do this.
What else can make you a better trader.
Believe me or not, but if you lead a haphazard life you will get the results accordingly, Positive thinking is one of the most important aspect of anything, I'm sharing few things (listed bellow) what I do and suggest you to do the same and it will be an extra add-on to your results.
*Live a Healthy Life
*watch some inspirational videos every morning to keep you get going.
*Do not watch your trades every hour, it will only give you heart attacks and nothing else.
* whenever you make an entry make sure the candle is closed, Its better to leave few pips than of loosing.
* This or any other strategy out there is not at all a buy sell signal giving system and you should enter the trade accordingly.
*Do some research before you enter, having done that will not make you fear when you are not in front of your Desk.
* Have your sentiments for the entire week before it even starts.
These are the few things you should take a note of which will make you a better trader.
Money Management :
In Business Management is all pervasive, Anything - Management = Zero. Having a strategic money management can make you some money even if your loosing trades are more than your winning, I highly recommend to use the money management strategy and not to put any amount of lot even if you are very much confident, if you want to do so, open a demo or have enough first to play with it.
I divide MM into 4 stages which is followed every month.
1st Week - 0.01 Lot for every $200
2nd week - 0.01 Lot for every $100
3rd week - 0.02 Lot for every $100
4th week - 0.03 Lot for every $100
Rinse, Repeat
Indicators Used in this system
How to install - Click Here
Moving Averages - 34 SMA, 55SMA, and 200 EMA.
Stoch - 10,3,3
Zigzag - 12,5,3
The simpler the better
Idea behind this strategy.
Forex is not a rocket science, everything works with some principles and so does Forex. The system is simple, you just need to look at a glance if the market is creating HH,HL's or LL,LH's. Newbies Click here.
To determine the (HH,HL's) and (LL,LH's) we use Stoch and Zigzag, the Stoch when crosses bellow 30, it creates LL or HL and when it crosses above 70 it creates HH OR LH , the next step is to find the entry point for this we use moving averages, Once we get a Setup we switch to lower time frame for an entry and once the MA'S are broken you enter the trade few pips bellow or above the candle close.
Now, I use some extra inidi's to filter out some bad trades which I will be explaining as we proceed, You first need to practice and master the basic, too much of knowledge at once is a no go.
Entry Rules:
Once you have a visual representation of market giving you higher high's, higher low's and vise versa, looking at the stoch to determine the turning points we switch to the lower TF and let the candle cross all the MA'S, once it does we enter few pips above or bellow. Yhe! It's that simple
Exit (Stop Loss and trailing Stop loss, Take profit )
The recent swing high of 1 hr Chart is you initial stop loss, once the price starts moving in favor of you start trailing your Stop Loss, always remember little drops of water make the mighty ocean. Keep your initial TP to the weekly levels. (I am nowhere affiliated to this but I highly recommend to use a paid indi called Pivot Prof which I was recommended by maxdoom, no description everyone knows what he is #respect). since then I have never used any other. His words which are mine too now " It will Pay for itself", apart from this you can also use the provided heiken to make it work as your tp, stay in the trade untill it changes its color and re-enter once again.
The benefits of using this system
*It will keep you out of bad trades
*It will give you an exact SL which you need not to hunt for,
*Highly Profitable, I make 1000's of pips every month using this system as a base after my analysis, my live TE is always there on my profile though it is not my actual Live account but it is a live account.
*you can enjoy your life without having to sit for hours in front of your desk.
_________________________________________________________________________________________________________________________
You Must not copy mine or anyone's signal blindly, do your own research and analysis. Once time passes you will become master. Do post your charts to help other understand the system better as time will pass I'll teach you, how to make more and more of pips using the initial strategy.
Final Words :
Few years back we never knew that one day forex will exist and we can make money from it, who knows what else and better may come tomorrow so always keep a positive approach for the community and share what so ever you feel like beneficial for others, any types of charts are welcomed just don't make it so confusing be calm and kind help others and stay healthy. Success will be yours.
V
NOTE* - The bellow examples are of the current week (29-4th of feb 2016) and just an estimate of pips you could have made without getting your SL Hit, also the previous thread had become a mess and place of confusion so I created a new one, I will ask the moderators to delete it and request everyone to post here and I apologize to everyone I could not reply due to my busy schedule, now I'll make sure I'll reply to everyone.
UPDATE 9/SEPTEMBER/2025 - Big Shoutout to Draganjac for putting things so brilliantly. Sharing his Rar File "Vman Examples" (nice name you got me). Post 835 You don't have to go through the thread if you just go through it.
Good Day
Greetings from Varun
Whatsoever the people say, the fact is majority of the people lose money in FOREX, and that's true. It involves huge amount of risk, chances of getting bankrupt is more, you can lose your pants and can find it nowhere else but at the same time it is much more profitable involves least amount of risk and it can get your desires fulfill immediately IF DONE THE RIGHT WAY.
Before I proceed further, Let me introduce myself. My name is Varun, I live in Canada but most of the time I travel throughout the world. I trade Forex to support myself and my dreams. To keep it short, I have gone through all the stages, a trader face (most of them ) in this world of Forex, and now I make some amount of profit trading Forex in a consistent way.
Reason for putting this system on Forex Faactory :
This strategy is not a "Holy grail" but it does makes some decent profit. In 2012 I started "Gambling" (analyzing after placing trade) and use to come to this forum, just to see if any high impact member have posted something positive about the currency pair on which I was loosing terribly. Coming to the present time I realized there are still a bunch of traders who do the same, So I gave it a thought to share this with you all, and here it is.
Don't prove me wrong
Just before you proceed to download the system, I want to share few words with you. If a person tries to help the society, community or even the entire world to the level best he can, at least he should not be criticized, he is not asking for anything but making you better by spending his time, efforts and the knowledge he gained. This is not for most of the people reading this thread but particularly a few ready to indulge them self for a fight to prove the person wrong and guilty for no reason and it makes no sense. I hope you understand and will not do this.
What else can make you a better trader.
Believe me or not, but if you lead a haphazard life you will get the results accordingly, Positive thinking is one of the most important aspect of anything, I'm sharing few things (listed bellow) what I do and suggest you to do the same and it will be an extra add-on to your results.
*Live a Healthy Life
*watch some inspirational videos every morning to keep you get going.
*Do not watch your trades every hour, it will only give you heart attacks and nothing else.
* whenever you make an entry make sure the candle is closed, Its better to leave few pips than of loosing.
* This or any other strategy out there is not at all a buy sell signal giving system and you should enter the trade accordingly.
*Do some research before you enter, having done that will not make you fear when you are not in front of your Desk.
* Have your sentiments for the entire week before it even starts.
These are the few things you should take a note of which will make you a better trader.
Money Management :
In Business Management is all pervasive, Anything - Management = Zero. Having a strategic money management can make you some money even if your loosing trades are more than your winning, I highly recommend to use the money management strategy and not to put any amount of lot even if you are very much confident, if you want to do so, open a demo or have enough first to play with it.
I divide MM into 4 stages which is followed every month.
1st Week - 0.01 Lot for every $200
2nd week - 0.01 Lot for every $100
3rd week - 0.02 Lot for every $100
4th week - 0.03 Lot for every $100
Rinse, Repeat
Indicators Used in this system
How to install - Click Here
Moving Averages - 34 SMA, 55SMA, and 200 EMA.
Stoch - 10,3,3
Zigzag - 12,5,3
The simpler the better
Idea behind this strategy.
Forex is not a rocket science, everything works with some principles and so does Forex. The system is simple, you just need to look at a glance if the market is creating HH,HL's or LL,LH's. Newbies Click here.
To determine the (HH,HL's) and (LL,LH's) we use Stoch and Zigzag, the Stoch when crosses bellow 30, it creates LL or HL and when it crosses above 70 it creates HH OR LH , the next step is to find the entry point for this we use moving averages, Once we get a Setup we switch to lower time frame for an entry and once the MA'S are broken you enter the trade few pips bellow or above the candle close.
Now, I use some extra inidi's to filter out some bad trades which I will be explaining as we proceed, You first need to practice and master the basic, too much of knowledge at once is a no go.
Entry Rules:
Once you have a visual representation of market giving you higher high's, higher low's and vise versa, looking at the stoch to determine the turning points we switch to the lower TF and let the candle cross all the MA'S, once it does we enter few pips above or bellow. Yhe! It's that simple
Exit (Stop Loss and trailing Stop loss, Take profit )
The recent swing high of 1 hr Chart is you initial stop loss, once the price starts moving in favor of you start trailing your Stop Loss, always remember little drops of water make the mighty ocean. Keep your initial TP to the weekly levels. (I am nowhere affiliated to this but I highly recommend to use a paid indi called Pivot Prof which I was recommended by maxdoom, no description everyone knows what he is #respect). since then I have never used any other. His words which are mine too now " It will Pay for itself", apart from this you can also use the provided heiken to make it work as your tp, stay in the trade untill it changes its color and re-enter once again.
The benefits of using this system
*It will keep you out of bad trades
*It will give you an exact SL which you need not to hunt for,
*Highly Profitable, I make 1000's of pips every month using this system as a base after my analysis, my live TE is always there on my profile though it is not my actual Live account but it is a live account.
*you can enjoy your life without having to sit for hours in front of your desk.
_________________________________________________________________________________________________________________________
You Must not copy mine or anyone's signal blindly, do your own research and analysis. Once time passes you will become master. Do post your charts to help other understand the system better as time will pass I'll teach you, how to make more and more of pips using the initial strategy.
Final Words :
Few years back we never knew that one day forex will exist and we can make money from it, who knows what else and better may come tomorrow so always keep a positive approach for the community and share what so ever you feel like beneficial for others, any types of charts are welcomed just don't make it so confusing be calm and kind help others and stay healthy. Success will be yours.
V
NOTE* - The bellow examples are of the current week (29-4th of feb 2016) and just an estimate of pips you could have made without getting your SL Hit, also the previous thread had become a mess and place of confusion so I created a new one, I will ask the moderators to delete it and request everyone to post here and I apologize to everyone I could not reply due to my busy schedule, now I'll make sure I'll reply to everyone.
UPDATE 9/SEPTEMBER/2025 - Big Shoutout to Draganjac for putting things so brilliantly. Sharing his Rar File "Vman Examples" (nice name you got me). Post 835 You don't have to go through the thread if you just go through it.
Good Day
Precise Execution!
check my te it was a looser though at a glance it looks choppy and I have crossed mark this pair above in the examples.
