Monday, June 19, 2023

Watch the Video - #LowRiskHighRewardHighProbabilityTrades - June 19, 2023


Maximum risk is 60 points on all trades.
    Global Prime Demo
    Pepperstone Demo
    Windsor Demo





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Friday, June 16, 2023

Watch the Video - #LowRiskHighRewardHighProbabilityTrades - June 16, 2023



June 1st to June 16th and we've made profit every trading day with no losing day.
Remember we don't trade every day. If market is clumsy with no discernable trend, we call it a day.
Maximum risk is 60 points per trade.


Strategy # 1113 is a new aggressive strategy I am testing and it is doing very well.





Shalom and have a good weekend all. 🙏


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Wednesday, June 14, 2023

#Don't Give Up






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Watch the Video - #LowRiskHighRewardHighProbabilityTrades - June 14, 2023

Testing the robot on a standard account with higher spread than ECN account, and still posted a profit.







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Tuesday, June 13, 2023

#LowRiskHighRewardHighProbabilityTrades - June 13, 2023


No sustainable trend and no need to force trades.
Will therefore take a break and be back after some high impact news release at US open.
Capital preservation and low risk trading keeps us in business to trade another day.





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Monday, June 12, 2023

Watch Video of Robot Trading #LowRiskHighRewardHighProbabilityTrades - June 12, 2023





  • We cannot enter the wrong trade and be hoping it goes in our favour.
  • We cannot be in a trade moving against us and be praying that all will go well.
  • If price moves against us, accept it as answer to prayer - close the trade and wait for the next one.
  • God helps only those who help themselves.

  • Someone told me I should always trade with the higher time frame (HTF) trend.
  • Someone said, "there is no system that always goes straight into profit. There are too many variables and uncertainties - no system can always predict the future."
  • Another person mentioned that we need stop loss (SL) of 500 - 1000 points to be successful in this market as trades need room to move.
  • Statistics also show that only 5 - 10% of traders are successful, as the remaining 90 - 95% fail.

If you keep listening to what "someone" said, you will not be successful and numbered among the 90 - 95% failure.

  • I have proven them wrong that you don't have to trade with the HTF by trading the NOW Trend.
  • I have proven them wrong that one can develop a system that 75% or more of your trades can go straight into profit.
  • Look at the duration of my trades. We don't have to seat for hours babysitting losing trades and be hoping for a turnaround. Time is money. Just close the losing trade and wait for another setup.
  • I have also proven them wrong that you don't have to use 500 points to 1000 points SL by trading with maximum risk of 60 points which seem impossible and unrealistic to the experts.
  • Control the risk and you will control the profit.

The best way to predict the future is to create it.

According to all known laws of aviation, there is no way the bumblebee should fly. Its wings are too small to get its fat little body off the ground but the bee does not know the law of physics and just keeps flying. 

Let us be innovative and deploy creative & critical thinking in our trading, and think outside the box. Of course it will take hard work, sleepless nights, several years of pain and losses, and burning several accounts, as it took me, but if we never give up it will be worth it at the end of the journey and we will be greatly rewarded.

If we continue to do what everyone is doing, we will get what everyone is getting but if we want something different, we must do things differently.

Shalom 🙏



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Friday, June 9, 2023

Watch Videos of Robot in Action - Low Risk High Reward High Probability Trades



Match strong against weak currencies
And trade the NOW Trend
With maximum risk of 60 points per standard lot size
Capital preservation and low risk, keep us trading and profitable day by day
Stay in trade as long as possible until power changes hand
Want out as quickly as possible if trade is not moving
No need babysitting losing trades. Close and wait for another setup.
It's a no brainer low risk high reward high probability system




When power changes hand as strength turn to weakness or weakness to strength, I change my mind too, and this is why maximum risk is 60 points per full lot size.

Two AUDUSD trades prematurely closed thus missing about 135 points per trade. Bug identified and being fixed by the programmer. We had similar issue on June 5th with 3 trades, missing about 1700 points. See June 5th video & charts here

Today is Friday and it should be no surprise if we don't get sustained movement. We therefore take our small profit and call it a day.

A Quick One on My Way Out for 61 points
"Small profit each day adds up to big results" - WeTalkTrades
To made an ocean, start collecting the little drops.
Little drops of water, little grains of sand make the mighty ocean.
Therefore start small and keep risk at the minimum, and you will be around for a long time.



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Tuesday, June 6, 2023

Low Risk High Reward High Probability Trading Robot

    June 5th trades

    June 6th trades

Match strong against weak currencies
And trade the NOW Trend
With maximum risk of 60 points per standard lot size
Stay in trade as long as possible until power changes hand
Want out as quickly as possible if trade is not moving
It's a no brainer low risk high reward high probability system


"Every morning as the sun comes up over Africa, the gazelle wakes up and realizes that it must run faster than the fastest lion or be eaten. And every morning as the sun comes up over Africa, the lion also wakes up and realizes that it must run faster than the slowest gazelle or starve. It therefore doesn't matter whether you are a lion or a gazelle, when the sun comes up you better be running!" ~ Unknown



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#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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