Forex Trading Strategy Hedge Hog GBP CHF - forex trader from home

Forex Trading Strategy Hedge Hog GBP CHF ~ forex trader from home

This is known Hedge Hog strategy but with diffrent currency pair, diffrent set up, incredibly high returns and drawdown, but i think it is really worth a look.

Here is what to do:
Every day at 24:00 GMT go to your account and put on Hedge Transaction on GBP/CHF or with open price at current level.
Set Take Profit: 20 pips
Set Stop Loss: 450 pips
for both transactions (LONG and SHORT)

I made back tests for last 3 years and this are the results:
leverage 1:10 (starting capital 10 000$, lot size 1 lot)
3 pip spread included in results
system shows average 13,37% monthly return
largest drawdown is 4 100$ which is about 41% of starting capital
Maximum loss in single trade -284 pips


I know that drawdown and maximum loss are very disappointing they are quite high, so you may want to decrease leverage from 1:10 to 1:5 drawdown will be then much more acceptable, but ofcourse avg. return will be only 7% monthly.

If you are interested then go ahead and try this system out with a demo account.
As always email me for spreadsheet with backtest results.
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Forex Arcanum easy signals - forex trading business in india

Forex Arcanum easy signals ~ forex trading business in india

Forex Arcanum easy signals

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The system is comprised of two parts.
The first one is investors’ levels of interest. The levels are represented by horizontal lines on the chart. Thick line shows us long-term interest. Thin line shows us shortterm interest.

Thick line (1) shows us a long-term interest. Investors were interested in activity around that line throughout the past several days/hours (depending on the TF we chose). 
Thin line (2) shows us a short-term (current) interest. Investors have been making transactions around that zone throughout the past several minutes or hours (depending on the TF we chose).

How to use it practically?
It is very simple. The lines’ arrangement tells us about the currently dominating sentiment on a given .  Thin line under thick line – bear market – we sell. 
The second part of the system is an algorithm that analyzes prior behavior of the price and on its basis calculates probable places for further movement.

SL order should be placed at the last swing high (for sell trades) or at the nearest resistance level (if close).

Where to put a TP order :
Firstly, take note of the trade momentum. Does the price move dynamically or does it remain in one place for a long time? Based on that, you can determine your expectations as a simple R:R balance.

An open order that generate profit can be secured by a BE order. For example, if your trade generates profit of 1R and the price moves very dynamically, you can use a BE order which will secure this transaction in case the price reversal. 
Also remember that BE can sometimes deprive you of potential profit, as it sometimes happens that a price take a significant turn and then gets back to its trend.

– m1 timeframe: FXAMscalp.tpl 
- m5, m15 timeframe: FXAMdaytrading.tpl 
- h1 timeframe: FXAMswingtrading.tpl

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Forex Candles - become rich trading forex at home

Forex Candles ~ become rich trading forex at home

Lately i sterted to wounder, candles where made for stock market which is open only 8 hours a day, so every daily candle on stock market has its own meaning it is seperated timeframe, on the other hand Forex is never close (except weekends) so what is the value of Forex daily candle?

My doubts became even bigger when i found out that Steve Nison (world class candlesticks expert) has a seminar on diffrences between Forex and Stock Market candles, so there must be something on it.

Anyway I am not Steve Nison but here is my take on it.

1. Diffrent people can have diffrent candles on their monitors, for example when i see doji, someone on the other side of the globe can see "hammer" or any other candle, why? Anserw is simple no one can tell you when one day on forex market has passed, it can be diffrent hour in Europe, diffrent in America and diffrent in Asia, more over traders in one country can have diffrent candle patterns on their charts, it is very subjective, everything comes down to defined hour of the day when new candle is open.
On the other hand there isnt such problem on the Stock Market everyone has got the same daily candle.

2. I said it before but i will reapeat it here, Forex market do not close, actually it do not have such a thing a session (unless you threat time from monday to friday as a session). On Stock Market yesterday candle has got nothing common with todays candle, hard to belive it but this is the way it is and that is why there are so many gaps on stocks charts, dont get me wrong i am not saying that trend do not exists im just saying that daily candles on Stock Market are "self dependent", unlike Forex candles they are almost always close to each other, one cadle close price is next candle open price, it is very common you have to agree.

3. As for gaps, you will hardly see them on Forex, but sometimes they occur, espacially after weekend it looks like "something" had to happen to move open price far away from last close price, on Stock Market it happens daily on Forex weekly, in fact it can be even monthly.

These are my thoughts, but i have got one question for you. What is the point in using candles on 5M charts? They cant even make a simple formation, even if they do it is pointless to use it You proboably saw 5 or more doji in a row on charts less then 5M is there any interpretation for this, each of them means trend reversal? I do not think so.
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