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    Thread: a new strategy

    1. #31
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      well done my friends. This time, I too many indicator and some never use it, some not give me what I want. So lets try you tips and how many pips I can get today.

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    3. #32
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      New strategies are important because all strategies do not work for all time, we must need plan B for our trading when old one is not working. However it must check in demo account first and then use it in live.

    4. #33
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      strategy can not be applied if we do not have the elementary concepts in the transaction as to be an expert, we have to do a lot of trial and ready to have failed

    5. #34
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      whatever strategy we use , old or new , it should be profitable for us. our target in forex is making profit from trading . so we should use a good profitable strategy .we should try new strategy in demo first always.

    6. #35
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      We need more study in the forex. We must understand the every movement of the market. For me, every movement must be driven by something. So here I will continue to review so that I could succeed in forex.

    7. #36
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      I think this is a simple strategy But I want to ask you do you use you personally at the real account ?
      If it is true, tell us to what extent it achieved profits.
      thanks

    8. #37
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      Quote Originally Posted by asd111 View Post
      Unfortunately, I cannot upload my charts so you'll have to read carefully...but trust me, this works way more often than not.

      What you need:
      Bollinger Bands, MACD, DMI and Parabolic SAR all with their respective standard settings. This strategy seems to work best on hourly and 4 hour charts. Haven't tried it on a daily but I would assume it would work as well if not better on a daily. But again, I haven't tried it on any time frame besides hourly and 4 hours.

      This is the bullish set up (just reverse it for bearish):
      Look for a close above the middle Bollinger band but only take the trade if these parameters are met: SAR dots are BELOW price, DMI+ is above DMI- and MACD has crossed positive below the zero line. Let me repeat that...a bullish MACD cross has to occur while the lines are BELOW the zero line.

      Set your stop loss 5 pips below the low of the candle that broke the middle band and my target would be the top band. However, other people who use this technique will suggest that you ride it out until either MACD crosses negative
      or when SAR dots are ABOVE price action. I think a safer play is the top band.

      Or you just may want to capture some quick pips so use your own guidelines. If your target is 25 pips per day, then do that.
      new technique a huge thank you for your good friend the sharing of knowledge experience I'll try it on a demonstration and the hope to benefit consistently.

    9. #38
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      Quote Originally Posted by asd111 View Post
      Unfortunately, I cannot upload my charts so you'll have to read carefully...but trust me, this works way more often than not.

      What you need:
      Bollinger Bands, MACD, DMI and Parabolic SAR all with their respective standard settings. This strategy seems to work best on hourly and 4 hour charts. Haven't tried it on a daily but I would assume it would work as well if not better on a daily. But again, I haven't tried it on any time frame besides hourly and 4 hours.

      This is the bullish set up (just reverse it for bearish):
      Look for a close above the middle Bollinger band but only take the trade if these parameters are met: SAR dots are BELOW price, DMI+ is above DMI- and MACD has crossed positive below the zero line. Let me repeat that...a bullish MACD cross has to occur while the lines are BELOW the zero line.

      Set your stop loss 5 pips below the low of the candle that broke the middle band and my target would be the top band. However, other people who use this technique will suggest that you ride it out until either MACD crosses negative
      or when SAR dots are ABOVE price action. I think a safer play is the top band.

      Or you just may want to capture some quick pips so use your own guidelines. If your target is 25 pips per day, then do that.
      Thank you very much for this great strategy. Bollinger bands and MACD indicators are very good, I like it very much. I atteched to a H4 chart these indicators and looks very good. I think I will test this strategy in H1 too.
      Thank you one more time.

      Good luck
      RUN FOREST

    10. #39
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      Quote Originally Posted by manikah View Post
      I already applied and get profit from this technique.Yes gbpusd or eurusd currency pair is most effective for this strategy.I think many trader follow this system and earn profit from this technique.As soo as possible I also post another effective trading strategy.Now I am testing it,till today work as satisfactory.
      If this mone is working for you i thinkj you don't need any other strategy as what really matter in forex trading is making profit from any strategy that you are using,so continue with this strategy if it is working for you.Thanks for sharing

    11. #40
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      if you need a new strategy go to google because i got my forex trading strategy from google search and i have been using it now for long.please what i can give you is go and learn how to trade with price action

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