Tuesday, June 6, 2023

#NOW Trend #Profit #Forex #Currency #Fx #Tradingstrategy #Currency Strength & Weakness - June 6th, 2023

Even on a mostly sideways trading day with very little trend, we can still etch out few points to cancel 60 points losses on 10 trades with just 8 profitable trades.

Common sense robotic trading, no emotions, no sentiments and no technical analysis. Robot just divides the major currencies into strong and weak, then IDs the strongest and weakest for a nice pairing with 60 points maximum risk per trade.




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Monday, June 5, 2023

#Forex #Currency #Fx #Tradingstrategy #Currency Strength & Weakness #NOW Trend - June 5th, 2023



10 loosing trades @ maximum risk of 60 points and 18 winning trades @ average of 173 points per trade.



There was no reason for these trades to be prematurely closed and will look into why, so we can fix the problem as we missed about 200 x 2 = 400 points potential profit

This trade was also prematurely closed under 60 points and will look into why, so the problem can be fixed as we missed about 700 points potential profit. See enlarged chart below



One of the EURAUD trades was prematurely closed for 9 points profit and we missed over 600 points potential profit. See enlarged chart below







Price pulled back about 80 points and closed trade @ 60 points loss before continuing downtrend for over 700 points


Stats
Total Trades                 = 28
Loosing Trades             = 10
Profitable Trades           = 18
Total Profit                   = US$2,406.44
Total Loss                     = US$407.53
Net Profit                     = US$1,998.92


Robot / Expert Advisor trades strength against weakness with maximum risk per trade of 60 points. Robot has no human emotions or sentiments. If trade is not moving in my favour, I want out as soon as possible to wait for the next opportunity, and when in my favour I want to ride the trend to the point of "imbalance" between the bulls and the bears.

Profitability will greatly improve when we fix the bug causing the Currency Strength to flip and prematurely close trades. 



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Thursday, June 1, 2023

#Forex #Currency #Fx #Tradingstrategy #Currency Strength & Weakness #NOW Trend - June 1st, 2023

This is an M1 "NOW Trend" Strategy with maximum 60 points risk per full lot size

I trade strength against weakness and if price is not moving, I want out immediately and this is why my maximum risk is 60 points. If price is moving I want to ride the trend to possible end of support or resistance. Newton's first law of motion says, an object at rest will stay at rest until something triggers it, and when it is triggered into motion, it will stay in motion with the same speed and in the same direction until what triggers it becomes unbalanced.

Therefore:
  1. We wait and do nothing until the object is triggered into motion;
  2. We want to be on the ball when the object is triggered into motion;
  3. We want to stay on the object as long as it continues with the same speed and in the same direction, and
  4. We want out as soon as what triggered the object becomes out of balance.

Trading video2

Trading video1

The Day's Journey





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Tuesday, May 30, 2023

#Forex #Currency #Fx #Tradingstrategy #Currency Strength & Weakness - May 30th, 2023


Windsor broker demo report


Global Prime broker demo acct



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Wednesday, May 24, 2023

#Forex #Currency #Fx #Tradingstrategy #Currency Strength & Weakness - May 24th, 2023


Watch video as it shows new entry of EURNZD and current trade of EURJPY. Screenshot shows both trades up over 300 points from end of video in less than 19 minutes.



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Monday, May 8, 2023

Monday, May 1, 2023

Friday, April 28, 2023

#Forex #Currency #Fx #Tradingstrategy #Currency Strength & Weakness - April 28th, 2023 (US Session)

US Session



Thank God for this great performance and consistency. The results look impossible and did a video recording of this session. What an amazing way to end the month of April and I look forward to the month of May.

Shalom 🙋🙏



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#Forex #Currency #Fx #Tradingstrategy #Currency Strength & Weakness - April 28th, 2023

London in session
Broker 1

Broker 2



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