40 pips deal

[Aviz]

I took my 1st trade.
sell @ 1.5842
sl tp 40pips

[Aviz]

i have heard many say their system gives 98% by many market promotors and forex guru most of them in reality turns out to be just bluffing.. buddy if u have found a system which would give u 98% win ratio it is like winning a lottory ... good of u.. if the win ratio is so good then increasing ur lot size after a loss will not be not much of a problem at all.. my vote goes with ur system... my advice is it would be nice to keep a tighter sl..

setting up tight loss is a good thing i can set it to 20pips but i would like to give space price to breath thats why i set sl 40 also i can increase tp but i will go for 40 pips
simply if i loss i will double up my bet.

[josephwilliams]

setting up tight loss is a good thing i can set it to 20pips but i would like to give space price to breath thats why i set sl 40 also i can increase tp but i will go for 40 pips
simply if i loss i will double up my bet.

i do agree we need to give breathing space for the trade and 40 pips would be quiet sufficient .. best of luck with the trade ... happy trading

[fx_hridoy]

better, its really better. if you are making good profit with your own strategy then its really good and i think you this strategy will make you a professional trader some day.

[bulastika]

Hi Friends im working on a new trading system and i finalized it but i need some advices from all you guys about my trading system
i like to 1st give you draw downs and good points of my trading method

Conclusion i got
the winning ratio for this system is 98%
if i lose i will double up my bet to cover the previous loss
it will give signal in every hr, so i have to check only new hrly candle appear for trade or not to trade or close the previous one so i dont need to sit for long just have to check the condition every hr.
I got almost 1 to 3 trade per day on single pair
it will work good in eurusd/gbpusd pair and tested.
for sl i use 40 pips i dont care it goes 1st in profit and end up with loss or some thing its just for price to breath easily (i can recover it in next trade by doubling the lot)
the avg winning pip are 300 each pair. some time i get more then 500 pips

pls share your opinion do i carry this on or not?

Thanks if I got more votes then I will share the signals, you just have to check every hr for the update

Even the best EA right now has only 63% earning average. So I'm surprise with your 98% strategy profit probability. Anyway. I'm wondering how long did you use this strategy and how many trade in the process did you make to have that result and did you use instaforex as your broker or you use different broker? Also what pair or pairs are you trading?
Theirs so many question right? Its because I can't just say yes or no unless I know that the system your using is really good and running for at least a long time.

[Aviz]

i do agree we need to give breathing space for the trade and 40 pips would be quiet sufficient .. best of luck with the trade ... happy trading

yes after some long testing i decides to give some space to breath the price.

better, its really better. if you are making good profit with your own strategy then its really good and i think you this strategy will make you a professional trader some day.

thank you

Even the best EA right now has only 63% earning average. So I'm surprise with your 98% strategy profit probability. Anyway. I'm wondering how long did you use this strategy and how many trade in the process did you make to have that result and did you use instaforex as your broker or you use different broker? Also what pair or pairs are you trading?
Theirs so many question right? Its because I can't just say yes or no unless I know that the system your using is really good and running for at least a long time.

i agree now a days EA, robot really need tweeting almost every month but still they dont give you good result

im shearing few pic of trades as i got late in it, it was mid night here in my country and i miss the chances other wise i would full fill my tp easily.
this is the only draw back of my system i have to be active serious active.
to get conform pips.


if you look at eurusd paid i miss my chance as it was mid night. other wise according to my method i got hit tp


same with gbpusd for entering late i miss out my positive order..
other wise my tp would be archived easily


tough but good powerful system

[Cloudy]

Well, it seems you add martingale strategy inside your system. Just to be aware that martingale strategy can blow up your account anytime. Just in case anything happen, be aware.

[Aviz]

Well, it seems you add martingale strategy inside your system. Just to be aware that martingale strategy can blow up your account anytime. Just in case anything happen, be aware.

Yes it will blow up the account, only when your method is weak and get continue loss trades.

in my method the no of maximum loss trades are only two, and it would also very rare.
thats why i chose martingale method just to get good reward at the end.
its up to me i can trade with it as well. but what happen i end up with less profit.

as i know this method is so powerful so there is no worried about martingale method combination.

[josephwilliams]

yes after some long testing i decides to give some space to breath the price.



thank you



i agree now a days EA, robot really need tweeting almost every month but still they dont give you good result

im shearing few pic of trades as i got late in it, it was mid night here in my country and i miss the chances other wise i would full fill my tp easily.
this is the only draw back of my system i have to be active serious active.
to get conform pips.


if you look at eurusd paid i miss my chance as it was mid night. other wise according to my method i got hit tp


same with gbpusd for entering late i miss out my positive order..
other wise my tp would be archived easily


tough but good powerful system

it looks like a powerfull system from wht u have said but i would like to know for how long have u forward tested this system. and how many signals does it give it a day avg.... i think many would like to know the same so we can asses how good the system is

[manibhai2012]

winning ratio 98%??? does it means only 2 losses every 100 trades???
btw just share your strategy, i don't seeanything there except your doubling lots strategy

What a ratio of wining the trades even no commercial robot is not giving that much so i prefer you to make your own robot and sale it in to the market you will be the billionaires in next few months i am so sure may b trillioner