EUGBP was not so bad, after alll
This was my first trade in May
I have not come across a “perfect” opportunity this month (MAY) where I can achieve between 10%-20% gain and with dd not exceeding 2%. Before the end of the year, I hope to demonstrate that the strategy has minimal dd. yesterday’s trade had 0% dd,
this appears to be the most perfect trading opportunity where I can grow my account by nearly 15%,
Unfortunately, I am not sure if the upward movement is due to Germany CPI news released in the past hour.
I am unwilling to lose even one trade. So its better for me not to trade
I will be testing another strategy this month. I will point out signals generated using the novel system since their accuracy could be lower
a trade generated using this strategy could run for between 4-8 hours. I believe this new system will work even when we have high impact news
Forex trading involves inherent risks, and there are no guarantees of profits. It’s important to develop your own understanding of the market, acquire trading knowledge, and practice sound risk management regardless of the signals or trading system you choose to follow.
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I will be posting pic of any pair that I identify. to help any person wishing to grasp the strategy.
For some of this trades, sl is likely to be hit. I am not posting the most perfect signal. I am posting any signals I get using the strategy including the ones that are more likely than not to end in loss
for this pair sl 1.34441
sl 1.34899
it could run for several hours before sl or tp is hit: that is at least 4 hours 25% probability of tp being ht. 75% probability sl will be hit
High Yield Forex Signals typically refer to a service or provider that offers trading signals for the foreign exchange (forex) market. These signals are generated by professional traders or trading algorithms and aim to provide buy/sell recommendations to subscribers, highlighting potential trading opportunities.
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The main challenge with this system is that we have 3-5 perfect trades in a month (the ones that can only end in a profit and never a loss).
We have to figure out how to increase the number of trades to maybe 20 in a month, but that means some of them will end in a loss.
@KaziTanzib exactly, from next month, the number of signals will significantly go up. It does not mean those are perfect opportunities. The aim is to highlight the double top and double bottoms that we always look for and may be potential trading opportunities
audnzd at 1.07963 sl 1.07812