FCVR : Forex Cliff / Valley Reversal

FCVR : Forex Cliff / Valley Reversal

by Dr.Hamdi Boukamcha
Whats up to all,

I’ve been inactive at ff for fairly a while now. I’ve determined to share my long run buying and selling type as a spot to have enjoyable and discuss trades.
I cannot be introducing a so referred to as system however a approach of buying and selling with just a few constructions.

As you see the identify of thread says all of it. I look to select up trades off the highest or backside when it has stretched far sufficient from the facet approach motion so to say, get in off the Valley or Cliff for the Reverse transfer. I solely use the each day chart.

I take advantage of two units of instruments only for steerage, they’re: 200ema and Macd. The ema to indicate me on one look how far value has stretched a approach and Macd to see if how far and lengthy PA is been on one facet for a potential divergence.

I don’t use a Cease loss nor take revenue. I are inclined to let my positions have sufficient room and time to search out its approach to my path with none untimely interruption that’s the reason I can not place cease loss on my trades.. I let it free move with deal with commerce/portfolio administration.
For such type of buying and selling MM (Cash Administration) turns into extraordinarily very important. To make it quick and understanding it turns into all about betting dimension which should be very small.

Long run foreign currency trading must be handled like an funding: minimal threat, smaller however lifelike returns.
On a 10okay account your threat must be not more than $1 per pip. The hot button is to have an enormous account with a view to seize satisfying returns. That is one thing most of it’s possible you’ll not like however its a real truth of profitable foreign currency trading IMHO. Your longevity and consistency is what’s wanted to beat in the long term.

Entry particulars: I dont have one specific agency sort of entry. I search for some sort of confluence once I place a commerce. It might be any so far as a ob/os, engulf, doji, macd divergence and many others,.. I look to search out some form of weak point when it seems to be falling off the Cliff or rising off the Valley.. Or, when it’s a trending PA, pullback and resuming. At such conditions I look to see if I received some form of indication worthy sufficient to position an order.

I look to realize a revenue goal of 100+ pips and never dropping no way more than 500 pips. I’m very versatile in the case of this half since I free move and let the market kinda dictate as I might be making 100pips per commerce or 500 pips or vice versa sure I do know the RR isn’t nice however my successful proportion and general portfolio administration prevails its unorthodox however really thats the important thing to my success. Attaining a 5% to 10% a month is a good lifelike aim could not appear quite a bit to some or most of you however in the event you been round buying and selling lengthy sufficient you already know what I’m speaking about. A 5% acquire monthly is 60%yr!! On a 10okay account is simply $500 however on a 100okay account is 5k and a mil 50okay. I variety consider any enterprise that you possibly can make a 50okay on one million by simply spending half an hour a day 5 days per week with no problem what so ever.
If I see a commerce goes in my favor good and powerful I preserve it until actual risk arrives and one going towards, no motive to panic, I let it’s to see how unhealthy it actually will get and if its actually that unhealthy then look to exit off the pull again for decrease injury which most time it resumes and even grow to be a few of my greatest winners it might even be all determined primarily based on the well being of my entire portfolio to make exit choice on successful or dropping trades.

The time I spend on buying and selling is not more than half an hour per night time simply to look at my positions for any adjustments. Right now I’ve the each day candle for the day closed to make any choices about. I do test my positions sometimes throughout the day however not often make any adjustments on an ongoing candle, ever.

I’m certain there shall be a number of questions and issues which I’ll handle them after they come up as your curiosity could come up.
My hope for this thread is to grow to be an excellent place to have enjoyable and mentioned trades greater than the rest share ideas on creating new trades or ongoing ones, necessary occasions, administration, and many others

I can even intend to connect a small TE to this thread which is able to copy my trades to it, so issues are extra lifelike and clear.
on the next submit I’ve hooked up a chart image simply so that you can get acquainted with my chart. For now I’ll put up a display shot of my new trades and infrequently speak about it until I shut it for loss or revenue and I very a lot invite you to take action.

lets have a good time right here…

usd/cad quick… I had a promote order on which triggered just a few days later and doing effectively to date.. is merely primarily based on the good engulf on prime of the important thing the place pa has stretched good sufficient from 200ema.
Hooked up Picture (click on to enlarge)
FCVR : Forex Cliff / Valley Reversal
Additionally on this commerce, gbp/jpy quick… I received the engulf with bounce of the final current excessive the place I’ve drew the road, it was doing effectively however now its caught possibly heading again up who is aware of time will inform.
Hooked up Picture (click on to enlarge)
FCVR : Forex Cliff / Valley Reversal

Share this article

Leave a comment