[BRAINLESS METHOD] Earning 900 PIPS every 3 months from FOREX Market [First Post on FOREX]
For those who have no idea what is FOREX.
Please go to https://www.babypips.com/learn
There is a lot of good materials to learn which can shaped you into a trader.
Below is my current trading strategy that I used real money to trade.
The idea actually comes from SMA Crossover pullback introduced by Robopip from babypips. ( his blog: https://www.babypips.com/authors/robopip)
He is using his system since mid 2015 till now and earns ~900-1000 per 3 months.
(just check his blog and records are there.)
I think this is pretty impressive because the system is clean and easy to follow.
I really am appreciated Robopip’s generosity to share his method.
I have been following his method to trade since March 2017 and indeed it is profitable.
In general speaking, the trade signal appear 2-3 time per currency pair per month.
Right now, I am trading on EURUSD, GBPUSD & EURJPY.
Expecting to have 3 x 2 x 12 = 72 Trades per year
However,I have made just adjustments to his trade system starting from June 2017 base on my observation and backtesting results.
EMA100 closed price
SMA200 closed price
Slow Stochastic (14,3,3)
Entry - Long Position:
1.EMA100 crossing up SMA200
2.K-line and D-line going into oversold zone (Below 25)
3.Enter Long Position when K-line and D-line leaving from oversold zone (Above 25)
Entry - Short Position:
1.EMA100 crossing down SMA200
2.K-line and D-line going into overbought zone (Above 75)
3.Enter Short Position when K-line and D-line leaving from overbought zone (Below 75)
P.S. Only consider the first pullback
1.New crossover of EMA100 and SMA200
Take Profit (TP) and Stop Loss (SL) :
TP @250 pips
SL @ 150 pips
When price moves 150pips from entry point, SL shifts to 50pips to lock up profit
I will post my trade records every week.
I do believe we can edge our trading skills through sharing knowledge and learning to each other. I hope everyone will love this system.
Please ask whatever you want below.
At last, don’t forget to upvote and follow me @stay9n0
REMINDER: Please perform backtest and forward -test on Demo account first before you put your real money in.