Easy Stress-Free EOD Trading

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This may increasingly have been written about earlier than, and there may be not a lot new right here. That is to maintain ME sincere and observe my efficiency. I'll add a commerce explorer as soon as I discovered learn how to Easy Stress-Free EOD Trading 1

For the like-minded merchants, if you wish to be part of me, be my visitor However Please DO NOT CHANGE THE RULES

Aim: Stress-free (if there may be such a factor) buying and selling and making 6%+ per 30 days (compounded can be 100% per yr)

Am I new? Sure to Foreign exchange Manufacturing unit, however to not buying and selling.

Trading Methodology
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Time Body: Day by day
Candle Sample: Pinbar (Hammer) and Englufing (Bearish and Bullish)
Rationale: As soon as the Sample has been recognised, we zoom out and discover a technical motive why such sample occurred. I search for Help/Demand or Resistance/Provide degree as my primary causes, typically I exploit pattern traces and channels. I do know some individuals use Fib replacements and ratios, however I personally don't imagine in them.
Continuation: If we've got each of the above happy, we glance a number of pips under the low of the sample or few pips above the sample.
The Commerce : We enter a purchase with SL just under the bullish sample. OR we enter a Promote with SL simply above the bearish sample. TP1 = SL and shifting SL to BE after we hit TP1. TP2 is dynamic the place we maintain shifting the SL to only above the excessive (or simply under) the earlier every day candle. I typically bend these guidelines relying on the worth motion I see (this comes with expertise I suppose) so please don't kill me for it, as these are simply pointers and never set in stone numbers

Easy? Sure
Stress-Free? Sure
Worthwhile? We will see

Listed below are some trades I'm in at the moment. I can provide you one million examples type historical past, however I feel you may return and look these up your self. I do not wish to cherry decide trades and that's the reason I'm not doing that. I'm solely going to indicate present setups.

Hooked up Pictures (click on to enlarge)
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Name: GBPUSD.PNG
Size: 67 KB Click to Enlarge

Name: GBPJPY.PNG
Size: 63 KB Click to Enlarge

Name: Eurjpy.PNG
Size: 65 KB
I'm at the moment on the lookout for EURAUD to setup a protracted setup round 1.5600 degree, however we have to see Candle Sample there first, then continuation, then we would think about coming into lengthy. Ready patiently ...
Hooked up Picture (click on to enlarge)
Click to Enlarge

Name: EurAud.PNG
Size: 67 KB

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.