This method is not for get rich quick in forex.this is for disciplined traders who want create wealth
Disciplined life -> Disciplined trading -> Success 8 replies
A Disciplined 15min method 40 replies
who trades Correlated pairs? 0 replies
correlated pairs 2 replies
DislikedI will explain the system. Very simple system.this system not invented by me. I am modify little pairs cad/jpy eur/jpy , each 250 usd capital .use 0.01 lot cad/jpy buy same time eur/jpy sell check the tade two or three time a day exit when the difference between those two position is greater than or equal 6 usd simultaneously close both position + before go in to live trading do it in demo at least three month + use this method with caution.i will not held any responsibilityIgnored
DislikedI will explain the system. Very simple system.this system not invented by me. I am modify little pairs cad/jpy eur/jpy , each 250 usd capital .use 0.01 lot cad/jpy buy same time eur/jpy sell check the tade two or three time a day exit when the difference between those two position is greater than or equal 6 usd simultaneously close both position + before go in to live trading do it in demo at least three month + use this method with caution.i will not held any responsibilityIgnored
DislikedPointless. Just save yourself the spread and sell eur/cad, which is the same thing.Ignored
DislikedIf you want money long term you need old shool technical analysis.. And money and Patience.. and a good trading system. All other systems to my experience do not work, i tested a lot of stuff, hundreds of EAs, strategy of every type... Nothing in the end worked.. And you need capital 250$ is too low to open an account... You can be lucky in the short term and make a lot of money but luck does not last forever..Ignored
Disliked{quote} ROFL. Both CAD/JPY and EUR/JPY are expressed in JPY: buying one and selling the other exactely cancels out the yen. This "system" is simply about randomly shorting EUR/CAD with no stop paying twice the spread. BTW that's now 12 weeks E/Cad can't break the 1.4000 level. Even in the case it does so we are almost at this level: E/Cad can easily bounce up 300 pips before actually breaking. With your MM that would be $26.60 = 10.7% floating DD on the account while the target is $6... This is a winning scenario! "guranteed minimum 25% p.a" you...Ignored
Disliked{quote} You may do it but if you change the system then your 25% profit will not be guaranteed!Ignored
DislikedIf you want money long term you need old shool technical analysis.. And money and Patience.. and a good trading system. All other systems to my experience do not work, i tested a lot of stuff, hundreds of EAs, strategy of every type... Nothing in the end worked.. And you need capital 250$ is too low to open an account... You can be lucky in the short term and make a lot of money but luck does not last forever..Ignored
DislikedThis is just the well-known hedge system which is proved not to be profitable on long term trade. At least it needs some logic for the entry point, how many trades to take per day, how to exit, etc. which is missing in the description of this strategy. Also it would be helpful for the readers to see some forward test results by the author.Ignored
DislikedWhat wealthpro is doing is he is hedging one par with the other. This is a valid system. I trade other pairs too. But you need to test it long term and for other pairs use the right ratio cause there will be times where you will see drawdowns that are wider and longer time than normal. Also it is recomended that you use a EA for tp. Nice wealthpro 4xIgnored
Disliked{quote} can you explain why this system will not work through your experienceIgnored