Hello everyone,
Im going to share with you all a system which can produce pips daily.
I believe "Less is More"
and simplicity is the ultimate sophistication.
so i think the simpler the better.
its a strategy that i develop myself, but it was inspired by many traders.
Im going to share my strategy because others has contributed to me as well.
WHAT YOU NEED TO DO:
1.Open the EURUSD Pair, then wait the last two candle before the london market open(i use icmarket, so its 8.00 candle time)hourly candle,wait until it close.
2.look at the highest and the lowest that the 8.00 candle made.
3. at 9.00 opening candle see the market whether its going down or going up.
If its going down, put the sell stop the first 00 level under,
and if it going up, put the buy stop at the first 00 level above the 8.00 candle.
4. Put the TP 10 PIPS and SL: 15 PIPS
5.If the TP hit then close your computer.
6.if its hit sl then see the market, see the high/low of the first 00 level above/under the 8 pm, place an order on that level with triple lots.
7. Close computer.& usually the TP will be hit.
If SL still hit, then enough for today.
close your computer, accept your loses and get out.
8.Repeat on the others day.
The strategy constantly changing for better perfomance, please read from post one until the last post.
Strategy UPDATED on 10/7/2017
Ive recently improved the new strategy, and make it better.
So please use the updated one .because the updated one is so much better !
So what you need to do is:
1. one hour before london open, open two trades. Open buy stop and sell stop on the 00 level .Entry point is still the same(on 00 level above and under the 8 o clock candle.).
The different is the SL and TP.
One trade use 12 pips Take profit, and 10 Stop loss.
One trade use 5 pips Take profit and 10 Stop loss.
Now i didnt use martiangle anymore, so there are no triple lots!
IF we both Profit then we gain 17 pips.
if we lose one trade we lose only -5pips.
If we lose both we lose 20 pips.(which is rarely happens).
So there are 3 possibilites would happen here everyday.
2. Cancel the buystop if sellstop is executed,
or cancel the sellstop if buystop is executed.
3. Just let it be!
MONEY MANAGEMENT:
I SUGGEST YOU ALL only open a trade 1% from the equity. so when you lose, you only lose 1.55%(with sl 15pips and commision) and when you do the martiangle with triple lots, you only risk maximum of (approx 4.75%)
If you trade acc with big amout of money i suggest the less is better.
which means you can open only 0.5% of your money, and its really safe.
PSYCHOLOGY:
THIS IS THE MOST IMPORTANT PART OF TRADING,
WHATEVER HAPPEN TO THE TRADE ON THAT DAY,LIMIT THE TRADE,
FOR ME I LIMIT MYSELF ONLY TRADE FOR 2 TRADES A DAY.
AND WHATEVER HAPPENS,THEN ACCEPT IT.
YOU CAN TEST THIS METHOD, THE HIT RATE FOR THIS STRATEGY EXTREMELY HIGH!
PLEASE DO A BACKTEST AND ALSO FORWARD TEST!
(Reminder)
ITS SIMPLE, BUT NOT EASY !
Because another member asked me to not posted the sweetspot indicator(and indicator which can show 00 level , so i just deleted the indicator).
Please search it for yourself if you need the indicator, there are a lot of it in this forum.
THIS METHOD NEED A BROKER WHICH HAS SMALL SPREAD, IF YOU HAVE BROKER WITH BIG SPREAD DONT TRADE THIS STRATEGY!
IF YOU WANT TO ASK ME WHAT BROKER I USE OR WHICH BROKER I RECOMMEND YOU CAN PM AND ASK ME.
If you earn and profit with this strategy.
I hope you can do charity, or help others who are in need!
(im giving this simple strategy free anyway).
Life is simple, and it is not all about money.
I hope i can help you,
and you can help others.
. 
Hope all beings live happily.
Im going to share with you all a system which can produce pips daily.
I believe "Less is More"
and simplicity is the ultimate sophistication.
so i think the simpler the better.
its a strategy that i develop myself, but it was inspired by many traders.
Im going to share my strategy because others has contributed to me as well.
WHAT YOU NEED TO DO:
1.Open the EURUSD Pair, then wait the last two candle before the london market open(i use icmarket, so its 8.00 candle time)hourly candle,wait until it close.
2.look at the highest and the lowest that the 8.00 candle made.
3. at 9.00 opening candle see the market whether its going down or going up.
If its going down, put the sell stop the first 00 level under,
and if it going up, put the buy stop at the first 00 level above the 8.00 candle.
4. Put the TP 10 PIPS and SL: 15 PIPS
5.If the TP hit then close your computer.
6.if its hit sl then see the market, see the high/low of the first 00 level above/under the 8 pm, place an order on that level with triple lots.
7. Close computer.& usually the TP will be hit.
If SL still hit, then enough for today.
close your computer, accept your loses and get out.
8.Repeat on the others day.
The strategy constantly changing for better perfomance, please read from post one until the last post.
Strategy UPDATED on 10/7/2017
Ive recently improved the new strategy, and make it better.
So please use the updated one .because the updated one is so much better !
So what you need to do is:
1. one hour before london open, open two trades. Open buy stop and sell stop on the 00 level .Entry point is still the same(on 00 level above and under the 8 o clock candle.).
The different is the SL and TP.
One trade use 12 pips Take profit, and 10 Stop loss.
One trade use 5 pips Take profit and 10 Stop loss.
Now i didnt use martiangle anymore, so there are no triple lots!
IF we both Profit then we gain 17 pips.
if we lose one trade we lose only -5pips.
If we lose both we lose 20 pips.(which is rarely happens).
So there are 3 possibilites would happen here everyday.
2. Cancel the buystop if sellstop is executed,
or cancel the sellstop if buystop is executed.
3. Just let it be!
MONEY MANAGEMENT:
I SUGGEST YOU ALL only open a trade 1% from the equity. so when you lose, you only lose 1.55%(with sl 15pips and commision) and when you do the martiangle with triple lots, you only risk maximum of (approx 4.75%)
If you trade acc with big amout of money i suggest the less is better.
which means you can open only 0.5% of your money, and its really safe.
PSYCHOLOGY:
THIS IS THE MOST IMPORTANT PART OF TRADING,
WHATEVER HAPPEN TO THE TRADE ON THAT DAY,LIMIT THE TRADE,
FOR ME I LIMIT MYSELF ONLY TRADE FOR 2 TRADES A DAY.
AND WHATEVER HAPPENS,THEN ACCEPT IT.
YOU CAN TEST THIS METHOD, THE HIT RATE FOR THIS STRATEGY EXTREMELY HIGH!
PLEASE DO A BACKTEST AND ALSO FORWARD TEST!
(Reminder)
ITS SIMPLE, BUT NOT EASY !
Because another member asked me to not posted the sweetspot indicator(and indicator which can show 00 level , so i just deleted the indicator).
Please search it for yourself if you need the indicator, there are a lot of it in this forum.
THIS METHOD NEED A BROKER WHICH HAS SMALL SPREAD, IF YOU HAVE BROKER WITH BIG SPREAD DONT TRADE THIS STRATEGY!
IF YOU WANT TO ASK ME WHAT BROKER I USE OR WHICH BROKER I RECOMMEND YOU CAN PM AND ASK ME.
If you earn and profit with this strategy.
I hope you can do charity, or help others who are in need!
(im giving this simple strategy free anyway).
Life is simple, and it is not all about money.
I hope i can help you,
and you can help others.
.
Hope all beings live happily.
