Forwarded from VIP premium
There's a thin line between Risk and Reward
The risks you are afraid to take could change your life FOREVER ...
The risks others are taking that you are not taking, is what puts them ahead of you. This is one of the secrets of the RICH, listen whenever I tell these secrets to you
Opportunity never comes to those who just wait. It will be captured by those who really seek them.
✅VIP PREMIUM MEMBERSHIPS💯
✅ACCOUNT MANAGEMENT💯
What are your plans for the weekend
Hurry up and contact admin for more @KarenWilsonfx ✔️
The risks you are afraid to take could change your life FOREVER ...
The risks others are taking that you are not taking, is what puts them ahead of you. This is one of the secrets of the RICH, listen whenever I tell these secrets to you
Opportunity never comes to those who just wait. It will be captured by those who really seek them.
✅VIP PREMIUM MEMBERSHIPS💯
✅ACCOUNT MANAGEMENT💯
What are your plans for the weekend
Hurry up and contact admin for more @KarenWilsonfx ✔️
🥇 Forex Signals 🥇
📆 Signal Published ::::::: 2/12/2024
✅ Symbol ::::::: GBPAUD
📈SELL AREA ➡️ 1.9548
💠 Take Profit 1 : 1.9500
💠 Take Profit 2 : 1.9450
💠 Take Profit 3 : 1.9370
💠 Take Profit 4 : 1.9290
💠 Take Profit 5 : 1.9155
✖️Stop Loss ➡️ 1.9608 (60 PIPS)
🔔Use Risk Management
🏆Forex Signals 🏆
📆 Signal Published ::::::: 2/12/2024
✅ Symbol ::::::: GBPAUD
📈SELL AREA ➡️ 1.9548
💠 Take Profit 1 : 1.9500
💠 Take Profit 2 : 1.9450
💠 Take Profit 3 : 1.9370
💠 Take Profit 4 : 1.9290
💠 Take Profit 5 : 1.9155
✖️Stop Loss ➡️ 1.9608 (60 PIPS)
🔔Use Risk Management
🏆Forex Signals 🏆
❗️For any signal use maximum 2% from your account , market will never hurt you
Forwarded from VIP premium
❗️IMPORTANT RULE❗️ 🚨 For any Order you should use 2 % from your account , some traders can't calculate it !!!!!!
Ex : If your account is 1000 $ * 2% = 20 $
so , if SL hitted you will not lose more than 20 $
whatever SL 50 pips or 100 pips , your loss can't be more than 20$
🚨To do that you should adjust position size (Lot size)
use online lot size calculator ,it will help you much
https://www.babypips.com/tools/position-size-calculator
🚨Remember that Money Management and Risk Management are Forex Holly Grail
Ex : If your account is 1000 $ * 2% = 20 $
so , if SL hitted you will not lose more than 20 $
whatever SL 50 pips or 100 pips , your loss can't be more than 20$
🚨To do that you should adjust position size (Lot size)
use online lot size calculator ,it will help you much
https://www.babypips.com/tools/position-size-calculator
🚨Remember that Money Management and Risk Management are Forex Holly Grail
Babypips.com
Position Size Calculator - Babypips.com
The position size calculator helps forex traders find the approximate amount of currency units to buy or sell to control your maximum risk per position.
Free signal will be published soon from our VIP premium⚠️
Forwarded from VIP PREMIUM 💎
🥇 Forex Signals 🥇
📆 Signal Published ::::::: 2/12/2024
✅ Symbol ::::::: AUDUSD
📈BUY AREA ➡️ 0.6475
💠 Take Profit 1 : 0.6505
💠 Take Profit 2 : 0.6560
💠 Take Profit 3 : 0.6665
✖️Stop Loss ➡️ 0.6415 (60 PIPS)
🔔Use Risk Management
🏆Forex Signals 🏆
📆 Signal Published ::::::: 2/12/2024
✅ Symbol ::::::: AUDUSD
📈BUY AREA ➡️ 0.6475
💠 Take Profit 1 : 0.6505
💠 Take Profit 2 : 0.6560
💠 Take Profit 3 : 0.6665
✖️Stop Loss ➡️ 0.6415 (60 PIPS)
🔔Use Risk Management
🏆Forex Signals 🏆
Forwarded from VIP PREMIUM 💎
🥇 Forex Signals 🥇
📆 Signal Published ::::::: 2/12/2024
✅ Symbol ::::::: NZDUSD
📈BUY AREA ➡️ 0.5980
💠 Take Profit 1 : 0.5910
💠 Take Profit 2 : 0.5965
💠 Take Profit 3 : 0.6055
✖️Stop Loss ➡️ 0.5820 (60 PIPS)
🔔Use Risk Management
🏆Forex Signals 🏆
📆 Signal Published ::::::: 2/12/2024
✅ Symbol ::::::: NZDUSD
📈BUY AREA ➡️ 0.5980
💠 Take Profit 1 : 0.5910
💠 Take Profit 2 : 0.5965
💠 Take Profit 3 : 0.6055
✖️Stop Loss ➡️ 0.5820 (60 PIPS)
🔔Use Risk Management
🏆Forex Signals 🏆
❗️For any signal use maximum 2% from your account , market will never hurt you
Forwarded from VIP PREMIUM 💎
🥇 Forex Signals 🥇
📆 Signal Published ::::::: 2/12/2024
✅ Symbol ::::::: EURAUD
📈SELL AREA ➡️ 1.6238
💠 Take Profit 1 : 1.6195
💠 Take Profit 2 : 1.6145
💠 Take Profit 3 : 1.6065
💠 Take Profit 4 : 1.5980
✖️Stop Loss ➡️ 1.6298 (60 PIPS)
🔔Use Risk Management
🏆Forex Signals 🏆
📆 Signal Published ::::::: 2/12/2024
✅ Symbol ::::::: EURAUD
📈SELL AREA ➡️ 1.6238
💠 Take Profit 1 : 1.6195
💠 Take Profit 2 : 1.6145
💠 Take Profit 3 : 1.6065
💠 Take Profit 4 : 1.5980
✖️Stop Loss ➡️ 1.6298 (60 PIPS)
🔔Use Risk Management
🏆Forex Signals 🏆
❗️For any signal use maximum 2% from your account , market will never hurt you
Forwarded from VIP PREMIUM 💎
Contrary to what most people think, strategies from the first day are not a golden elixir with a series of complicated and difficult rules. With the passage of time and through a series of steps, a strategy turns from a simple sentence into an optimal and efficient formula, and what was once just a stone eventually turns into a beautiful sculpture.
In the following, there will be some information about strategy creation, optimization and backtesting.
1 - Base strategy
- Suppose you came to the conclusion that you want to work on a specific setup for any reason, so first you must write the BASE or the basic foundation of the strategy based on the behavior of the price action, or the method you want. For example, here it is:
"After the spike, I want to wait until the pullback is done, and after the failure of the pullback, when I see the confirmation to continue the process for the spike, I enter to continue the process"
(You can see that it is very simple! Because this is only the initial BASE and it will find many leaves in the later stages)
- Now we have to see where this strategy is in the market? With this definition, we actually have a strategy in the same direction as the trend, which we enter at the end of the spike phase (or the end of the first leg of the spike) and at the beginning of the channel phase (or the beginning of the second leg of the spike).
- Then we will find out what concepts we are dealing with for this strategy?
Spike and breakout + channel + pullback + patterns + microchannel + HIGH-LOW set + breakeven + RZ static levels + candlestick patterns + gaps and...
For this strategy, we must master these setups (some are very important and some are not very important); If we don't have mastery, we should watch the videos, pamphlets or books related to these concepts again and practice until we have the necessary mastery of the concepts.
- What more confirmations can be obtained?
Every setup has at least one helpful concept and it can be used as a supplementary confirmation and... and get help in making a strategy and writing it.
continues...
In the following, there will be some information about strategy creation, optimization and backtesting.
1 - Base strategy
- Suppose you came to the conclusion that you want to work on a specific setup for any reason, so first you must write the BASE or the basic foundation of the strategy based on the behavior of the price action, or the method you want. For example, here it is:
"After the spike, I want to wait until the pullback is done, and after the failure of the pullback, when I see the confirmation to continue the process for the spike, I enter to continue the process"
(You can see that it is very simple! Because this is only the initial BASE and it will find many leaves in the later stages)
- Now we have to see where this strategy is in the market? With this definition, we actually have a strategy in the same direction as the trend, which we enter at the end of the spike phase (or the end of the first leg of the spike) and at the beginning of the channel phase (or the beginning of the second leg of the spike).
- Then we will find out what concepts we are dealing with for this strategy?
Spike and breakout + channel + pullback + patterns + microchannel + HIGH-LOW set + breakeven + RZ static levels + candlestick patterns + gaps and...
For this strategy, we must master these setups (some are very important and some are not very important); If we don't have mastery, we should watch the videos, pamphlets or books related to these concepts again and practice until we have the necessary mastery of the concepts.
- What more confirmations can be obtained?
Every setup has at least one helpful concept and it can be used as a supplementary confirmation and... and get help in making a strategy and writing it.
continues...
Forwarded from VIP PREMIUM 💎
2. Basic rules
Now, for this strategy, a series of basic rules should be considered and a series of limits should be specified:
- Transaction invoice
- Trading time frame
- Trading time range
(The above three items are personal and no one can choose for you except yourself)
- Entry point: most strategies have several different entry points with different risks and rewards (I recommend that you use safer entries with lower rewards at the beginning)
For example, you can enter with the first micro pullback after the main pullback (in fact, the HIGH1-LOW1 setup) / by entering the pattern pullbacks and after fixing the pattern break / by entering after the trigger of the HIGH LEVEL spike break and... or Such cases are your own and should be related to the trading style and the concept of that style.
- Stop point: For this point, like the entry point, there are different choices, and again, my recommendation for the beginning of the work is to stop farther away (with the maximum allowed risk).
In this strategy, your stop can be behind the first spike candle / behind the deepest pullback level / behind the trigger candle and...
- Exit point or TP:
It is not important at this stage and we will decide about it in the next stages.
continues...
Now, for this strategy, a series of basic rules should be considered and a series of limits should be specified:
- Transaction invoice
- Trading time frame
- Trading time range
(The above three items are personal and no one can choose for you except yourself)
- Entry point: most strategies have several different entry points with different risks and rewards (I recommend that you use safer entries with lower rewards at the beginning)
For example, you can enter with the first micro pullback after the main pullback (in fact, the HIGH1-LOW1 setup) / by entering the pattern pullbacks and after fixing the pattern break / by entering after the trigger of the HIGH LEVEL spike break and... or Such cases are your own and should be related to the trading style and the concept of that style.
- Stop point: For this point, like the entry point, there are different choices, and again, my recommendation for the beginning of the work is to stop farther away (with the maximum allowed risk).
In this strategy, your stop can be behind the first spike candle / behind the deepest pullback level / behind the trigger candle and...
- Exit point or TP:
It is not important at this stage and we will decide about it in the next stages.
continues...
Free signal will be published soon from our VIP premium⚠️