Closed trades all on reversal with +187 pips. Paris

Trading System Using Relative Strength-Part 2

That's looking reall good! The new v1.04 ferrufx indicator with the reversing option sounds like it's doing real well. I'll test that strategy next week. Paris

Trading System Using Relative Strength-Part 2

Hi Dan, How are you doing this? Are you using v.1.04 and taking reverse signals when it tells you and doing straight signals when it tells you to? What broker are you using and what time are they on? GMT? Thanks, Paris

Trading System Using Relative Strength-Part 2

Closed the 6 am candle with about +235 pips with all reverse trades on v.1.03 set to level 0. Now i got time to do other things before the 10am candle. Paris

Trading System Using Relative Strength-Part 2

For me I'm on California time and I traded the 6am canlde, the 10,2,and 6 candles. 3 out of 4 candles the reverse method was successful but it was a struggle on every one. Last week i grabbed great profit within the first 90 minutes. Yesterday it ...

Trading System Using Relative Strength-Part 2

3.5hours into trade, light trading. Some small profits of about +180 pips taken. Reverse trades on ferrufx v.1.03. Paris

Trading System Using Relative Strength-Part 2

That was anther rough session. It took over 3.5 hours to make almost +190 pips using the reversal on FXDD. Paris

Trading System Using Relative Strength-Part 2

I lost about -600 pips on the last reversal trade. It was down for all 4 hours. First loss in several days. Paris

Trading System Using Relative Strength-Part 2

These were all conducted while the market was ranging. I have no idea if reverse trades will work when the market is trending. Paris

Trading System Using Relative Strength-Part 2

My experience with it. Mitchp has been trading both 1 hour and 4 hr and has had one losing session out of about 15 sessions using reverse trades. I've only traded the 4 hour candle excluding the candle at the end of Asian session and the candle ...

Trading System Using Relative Strength-Part 2

I simply have the V1.03 Ferrufx indicator and that's all I use. I set it to level zero to get the most pairs and then i simply just do the opposite of everything it tells me. Nothing difficult about it. An 8 year old child can do it. And i've had ...

Trading System Using Relative Strength-Part 2

Ditto on that. Thanks FerruFX! Paris

Trading System Using Relative Strength-Part 2

That was daring trading the last 4 hour candle before the market closes for the weekend. I'm glad it worked out for you. My last candle was the one before that and i did a reversal trade and racked up +320 pips in pure profit! Paris

Trading System Using Relative Strength-Part 2

I think it's great when you have a system that wins 90% of the time or loses 90% of the time. Because if you're losing all the time you can just do the opposite and WIN!! The systems that don;t work are ones that win and lose about 50% of the time. ...

Trading System Using Relative Strength-Part 2

I use only the Ferrufx indicator ( which is fantastic) and i set it to level zero to get the most trades. And if the market is ranging I'll trade reverse signals. So far I've made over +950 pips in 2 days with this strategy. As a matter of fact ...

Trading System Using Relative Strength-Part 2

I used the reverse method on this and I closed it with over +320 pips in less than an hour. Sorry not the best chart example but i had 9 out of 11 trades in profit. I closed it fast. Paris

Trading System Using Relative Strength-Part 2

Kidding about what? Every trade I would've got into the last few days would've been successful with the reversal method. That's about 6 or 7 times of more than +200 pips at a time. No joke. Paris

Trading system using relative strength

Done today, I have to go to the airport later today. Made over +600 pips today in a very short time with this reversal strategy. It may work well in a ranging market. It works with FXDD. Paris

Trading system using relative strength

Closed this trade in about 40 minutes for +240 pips. Reverse trades. Paris

Trading system using relative strength

I am also grateful for this thread and system. I also thank Ferrufx for the great brilliant indicator. My experience on FXDD gmt+3 has lost every time i traded it with heavy drawdowns. The soultion. To trade the opposite way. My first stab at this ...

Trading system using relative strength