Markets Traded – Forex – 14 pairs which will be described below Charts – H1
Charting Software – MT4 Brokers that allow hedging and leverage up to 1:200 or above
Multitimeframe Pivot Point (optional reference)
Buy All (optional assistance)
Sell All (optional assistance)
Close All (optional assistance)
Close in profit (optional assistance)
Trendlines and Fibonacci (95% of all my trades rely on this)
Retracement levels: 38.2%, 50.0%, 61.8%, 76.4%
Extension levels: 127.2%, 161.8%
NOTE: There are 2 EA’s to assist you to place orders on all 14 pairs in seconds.
All you need is to decide on is in which direction you want to trade.
Some brokers do not have the CADJPY, so u can substitute this pair with either
the USDCAD, NZDUSD or NZDJPY instead.
All the entry rules are guidelines, sometimes I trade in a discretionary way, where I use gut feeling that I have developed after trading on certain currencies for a long time. Just as you may be able to recognize some familiar chart patterns and movement behaviors.
In this system, you need to decide whether to go long or short by watching 4 different pairs i.e. the EURUSD, GBPUSD, USDJPY and EURJPY. I like to call these pairs my ‘indicator’ pairs. If 4 of these charts show a significant uptrend.
you will go Long on all 14 pairs, and vice-versa for going Short. You will need Fibonacci + Daily/Weekly Pivot , Support and Resistance levels as a guideline.
Sometimes 3 out the 4 pairs you are monitoring will show a significant trend in one direction but one pair will not. When trading in a conservative manner, you will need to wait for all of them move in the same direction, then only can you enter trades.
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