- August 21, 2017
- Posted by: Forex Wiki Team
- Category: Forex Trading System
It's mentioned that if you wish to be good at one thing it is advisable spend at the very least 10000 hours in that craft. Properly all of us have had 100,000 hours of display screen time vigorously testing by means of trial and error methodology totally different methods indicators and excessive likelihood setups and finally getting snug in a technique . We did the identical too , and we have now discovered a routine that everybody can use to become profitable buying and selling and we name it the Fxgreenhawk Routine . It is rather environment friendly and deadly and extra over it makes use of a very environment friendly cash administration system to cut back drawdowns and take incremental earnings on the way in which .
As for the system i would not reveal the system as such . however I'd reveal the fundamentals now which is sufficient to provide you with a first rate revenue each month .The success of the system is within the cash administration . The routine have solely 70% profitable charge , however the efficient cash administration system provides a return that is sufficient to purchase you a place in burjdubai .
Trading is at all times concerning the philosophy and persistence . You need to very disciplined . Need to be targeted preferred a sniper and affected person like a komodo dragon . Trading is a recreation of possibilities . You may by no means enter a commerce figuring out that you'll win, its all about managing your losses in addition to your wins .Take the concern away whereas buying and selling and let the system be a part of your lethality .
Disclaimer - Foreign exchange is a dangerous enterprise , commerce at your individual threat .
The FxGreenhawk Routine
Within the routine we use the traditional pattern-line breakout mixed with 123 reversal patterns which is mixed with fractals, hikenashi and transferring averages to arrange an optimum killing zone to have a excessive success charge . We often Danger solely 1% per commerce per pair and use a cease-lack of 20 to 30 pips
Settings - 36 ema ( orange) ,12 ema ( blue ), fractal indicator , Renko bar .
Technique -
BUY - Up cross over of 12ema over 36 EMA.
- Retracement of value again to the 36 Ema / 12 ema.
- Place a buystop above the current fractal excessive .
- SL is beneath the current fractal low or the 36 ema
Promote -lower cross over of 12 ema over 36 EMA
- Retracement of value again to the 36 Ema / 12 ema.
- Place a buystop above the current fractal excessive .
- SL is beneath the current fractal low or the 36 ema.
Cash administration is the important thing - Take three positions . take out the primary place at 1:1 , second place at 2:1 , and go away the third place open until there's a crossover .Let the commerce bleed and get as a lot cash as you'll be able to from the final lot ( like a komodo dragon ready for its large prey to die from the its poison )
Connected Picture (click on to enlarge)
https://www.forexfactory.com/attachm...1&d=1493451287
.Fxgreenhawk Routine - First it's important to take the 12 brick renko bar and look for the retracement of value again to the 36 ema ( for purchase ) . Now draw a trendline and go to a 3 brick dimension renko bar and look for a 12 ema cross over and a retracemtnet again to the 36 ema and put a buystop above the current fractal excessive .
Examples - the chart down is a 12 brick dimension renko . and that i made the trendline on all of the retracements
Connected Picture (click on to enlarge)
The identical is completed for the promote ( vice versa).
Gbpusd - Brief commerce +200 and nonetheless working
Usdcad - Brief +70
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