HIGHEST LOT strategy

Trading Systems Free Forex Trading Systems
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Today another holy grail strategy from your beloved Michael:

HIGHEST LOT strategy:
I want you to teach another strategy that I invented. For this strategy you use highest lot size and aim for 2000 (or more) pips.

How-to:
Open the monthly chart: chfjpy (see attachment). As you see, the market price is almost at the highest high of all time. It’s at almost at the top of the monthly chart which is an opportunity for us. In this case you would search for ONLY sell opportunities with VERY HIGH probability without TP, but WITH SL. We don’t use TP because we are letting the trade open until 2000 pips have been reached. Yes, even when the probability of a bearish move is high, it might still go up (into the wrong direction) and hit SL. So if we can imagine:

  • we try, try and keep trying to search for sell opportunities. We may lose 20 or 50 times, but just to be sure we reduce our loss in terms of money, we always move SL to breakeven (whenever market price went 10 or 20 pips in the right direction). After 20 or 50 times, FINALLY, our trade stands there, proudly, as the highest trade of all time waiting for a 2000 pip profit with highest lot.

What are your opinions? Do you know any strategy (that you use) that I could combine with this strategy?

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Guys, what do you think of USD/CZK (US dollar / Czech Koruna)?

In the image you see the monthly chart. Market price is close at the top, only 200 pips from the highest high of ALL TIME. If we Sell now, with highest lot. Do we make 1700 pip profit?

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AUS200 (look carefully, it’s there in your market panel of your forex platform like MetaTrader4).
AUS200 is only 25 pips away from highest high (of ALL TIME) in Monthly chart. If you sell here, you’ll aim for 43 pips (low of February 2014) (or 83, low of June 2013, if you have patience).

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Maybe you don’t know what AUS200 is. Don’t worry, you are here to learn, a forum’s purpose is to inform you. AUS200 means Australia 200. The S&P/ASX 200 index is a market-capitalization weighted and float-adjusted stock market index of Australian stocks listed on the Australian Securities Exchange from Standard & Poor’s. It was started on 31 March 2000 with a value of 3133.3, equal to the value of the All Ordinaries at that date.

The ASX 200 reached 6,000 points for the first time on Thursday 15 February 2007. The ASX 200 is capitalization-weighted, meaning a company’s contribution to the index is relative to its total market value i.e. share price multiplied by the number of tradeable shares. The ASX 200 is also float adjusted, meaning the absolute numerical contribution to the index is relative to the stock’s value at the float of the stock. To be eligible for inclusion in the ASX 200 Index:

  • Market capitalization: A stock’s weight in the index is determined by the float-adjusted market capitalization of the stock. This is a function of current index shares, the latest available stock price and the Investable weight factor (IWF). The IWF represents the float-adjusted portion of a stock’s equity capital. Therefore any strategic holdings that are classified as either corporate, private or government holdings reduce the IWF which, in turn, results in a reduction in the float-adjusted market capital. Shares owned by founders, directors of the company, trusts, venture capitalists and other companies are also excluded. These are also deemed strategic holders, and are considered long-term holders of a stock’s equity. Any strategic shareholdings that are greater than 5% of total issued shares are excluded from the relevant float.

  • Liquidity: The trading volume in terms of dollar value and the number of transactions must exceed at least 0.025% of the sum of all eligible securities’ trading volume. To ensure that no single company dominates trading, they are capped at a maximum of 15% for value, volume and transactions.

  • Listing: Only stocks listed on the Australian Stock Exchange will be considered for inclusion in any of the S&P/ASX indices.

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Other forex pairs in your metatrader4 market panel, that are [B]near or at highest high/low[/B] of all times are:

  • CORN
  • GER30
  • HK40
  • ESTX50
  • FRA40
  • Japan225
  • NAS100
  • SPX500
  • SUGAR
  • UK100
  • US30
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These are not forex pairs…these are CFDs on Futures Indexes and Futures and you don’t short/long them just because they are at their high or low…