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...

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...

Free signal will be published soon from our VIP premium⚠️

🥇 Forex Signals 🥇

📆 Signal Published ::::::: 2/12/2024

✅ Symbol ::::::: AUDUSD

📈BUY AREA ➡️ 0.6447

💠 Take Profit 1 : 0.6485
💠 Take Profit 2 : 0.6540
💠 Take Profit 3 : 0.6620
💠 Take Profit 4 : 0.6700

✖️Stop Loss ➡️ 0.6387 (60 PIPS)

🔔Use Risk Management
🏆Forex Signals 🏆

AUDUSD

❗️For any signal use maximum 2% from your account , market will never hurt you

Most traders try to overcomplicate their system.

In trading, simplicity always wins.‌‌

✔️ GBPNZD VIP Signal Today Hit T1💥💥🎯➕65 PIPS 💵🔥 😎😎 close half order and move SL to break-even if u r conservative trader or u have small account 👌

✔️ USDCAD VIP Signal Today Hit T1💥💥🎯➕45 PIPS 💵🔥 😎😎 close half order and move SL to break-even if u r conservative trader or u have small account 👌

🥇 Forex Signals 🥇

📆 Signal Published ::::::: 2/12/2024

✅ Symbol ::::::: GBPAUD

📈SELL AREA ➡️ 1.9612

💠 Take Profit 1 : 1.9565
💠 Take Profit 2 : 1.9510
💠 Take Profit 3 : 1.9420
💠 Take Profit 4 : 1.9335
💠 Take Profit 5 : 1.9250



✖️Stop Loss ➡️ 1.9672 (60 PIPS)

🔔Use Risk Management
🏆Forex Signals 🏆

GBPAUD

✔️ GBPAUD VIP Signal Today Hit T1💥💥🎯➕45 PIPS 💵🔥 😎😎 close half order and move SL to break-even if u r conservative trader or u have small account 👌

✔️ GBPAUD Trail VIP Signal Today Hit TP1💥💥🎯➕45 PIPS 💵🔥 😎😎

Today Economic Calendar GMT
High volatility expected on CHF and USD pairs

‘’Focus like an eagle when they try to hunt for food, In this case our Focus is to become financially free. So Keep your focus on point’’

It’s only after you’ve stepped outside your comfort zone that you begin to change, grow, and transform.

Most of the signals today in Vip @Karenwilsonfx

Join our VIP premium group to have more knowledge of the market, and many more benefits of joining.

✔️ EURUSD VIP Signal Today Hit T1💥💥🎯➕31 PIPS 💵🔥 😎😎 close half order and move SL to break-even if u r conservative trader or u have small account 👌