Hallo allemaal en welkom bij de DAILY95PIPS egy.
Before we start I urge you to paper trade any new egy including this one before committing any of your own funds. Thorough testing is crucial before taking any egy live.
Houd er ook rekening mee dat dit systeem zeker niet nieuw is en voor sommigen van u misschien bekend voorkomt. Ik geef het gewoon door van mijn voorgangersmentoren in de hoop dat het bijdraagt ??????aan uw bestaande handelsarsenaal en uw handelsresultaten verhoogt.
De basis van dit systeem is ZEER eenvoudig en is winstgevend gebleken, hoewel ik de doelstellingen voor geldbeheerwinst aanpas. Dus resultaten voor deze herziene versie zullen op deze thread worden gerealiseerd. Ik moet ook de bekende uitdrukking benadrukken dat in het verleden behaalde resultaten geen garantie zijn voor toekomstig rendement.
I will add the daily trading results to this thread as we go along. See post#1602 for updated results for the current week. Weekly and individual pairs results are at post #1602. Monthly totals are at post#1602. (Please disregard the next post #2 as I am unable to add to it.)
That being said, let us proceed with the egy.
OVERVIEW:
This is a pure set and forget system where trades are placed at the same time everyday. The option is also there for those inclined to monitor their positions to adjust stop levels as profit targets are reached. Please note that there is currently an Expert Advisor being developed that automates the trading of this egy, thus keeping to the set and forget objective. Please click on the paperclip at the top right hand side of the page to find the current versions. For those new to using Expert Advisors you will need a broker that uses an MT4 platform such as North Finance, IBFX, ODL, FXDD to name a few. For instruction on installing EA's go to:
http://www.halcyonfx.com/howtoinstall.htm
By setting multiple profit targets we are exercising money management, while aiming for 95pips profit from a 50pip move in price.
We will simply be placing orders 5pips above the previous days HIGH and 5pips below the previous days LOW.(Actually, it's more like the previous 17hrs at 5pm EST.)
Gebruik een 30pip stop loss voor alle bestellingen.
Orders are placed on Monday, Tuesday, Wednesday, Thursday and Friday.
EXECUTION:
1.) Om 17:00 uur EST opent u de 1-uurgrafiek (2 uur b4 start van de Aziatische sessie) van USDJPY. (In een poging vragen te voorkomen over hoe deze egy werkt op andere paren, zal ik resultaten publiceren waarin GBPUSD, GBPJPY, EURJPY en EURUSD worden vergeleken. Je mag deze lijst toevoegen.)
For those who need help with converting timezones go to:
http://www.timeanddate.com/worldclock/converter.html
Voor degenen wiens brokers op zondag nog steeds breed zijn om 17.00 uur EST (dat is mijn tijd op een maandag hier in Brisbane), om de brede spreads te vermijden, moet u mogelijk wachten tot ze normaal zijn voordat u de bestellingen plaatst voor de dag. Ik moet meestal wachten tot rond 20:00 uur EST voor de spreads van Oanda om weer normaal te worden.
2.) Gebruik de hoge en lage van de afgelopen 17 uur. Voor maandag gaan bestellingen terug tot vrijdag 00:00 EST voor hoog en laag.
3.) Open a total of 6 PENDING orders (for each pair) including 3 BUY STOPS and 3 SELL STOPS that expire within 24hrs (I use 18hrs) as follows:
Buy/Long Orders:
ik. # 1 - Entry = HIGH 5pips, Take Profit = 15pips, SL = 30pips
ii. #2 - Entry = HIGH 5pips, Take Profit=30pips, S/L=30pips
iii. #3 - Entry = HIGH 5pips, Take Profit=50pips, S/L=30pips
Verkopenkorte bestellingen:
i. #1 - Entry = LOW-5pips, Take Profit=15pips, S/L=30pips
ii. # 2 - Entry = LOW-5pips, Take Profit = 30pips, SL = 30pips
iii. #3 - Entry = LOW-5pips, Take Profit=50pips, S/L=30pips
That's it.
Once you have placed your orders you are free to go and do something else with your day as this egy does not require you to be monitoring the trades. Though, as already mentioned, to maximise results you may choose to adjust stop levels when profit targets are reached which by the way is automatically done by the EA.
There can be 4 possible outcomes after either the long or short trades are triggered:
1.) Alle 3 de winstdoelstellingen zijn behaald voor een totaal van 95 pips.
2.) The first 2 profit targets are reached ( 45pips) and the remaining lot is stopped out (-30pips) leaving a total of 15pips.
3.) De eerste winstdoelstelling is bereikt ( 15 pips) en de twee resterende loten worden gestopt voor in totaal -45 pips.
4.) All 3 lots are stopped out for a total of -90pips.
Daarnaast zijn de variabele resultaten van wanneer zowel de lange als de korte transacties worden geactiveerd.
Also note that for those so inclined to monitor the trades, stop levels may be adjusted on remaining lot/s to protect already achieved profits. Trailing stops may also be used at your discretion. These features are included in the EA.
Please note that as a general rule of thumb you should not risk any more than 3% of your trading account on any one trade.
Therefore, with the DAILY95PIPS egy the order size will need to be divided between the long and short orders. The total potential loss on the long orders (90pips) will therefore add up to 3% of your trading account.
Alternatively, you could risk 3% of your trading capital on EACH order, totalling 9% of your trading capital being risked for the long trades. The same applies to the short orders.
Gelukkig handel iedereen!
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Originally Posted by ;
I started using this since last Monday. I'm still tweaking it a bit. I use small lots. Will get into the big numbers at a later time. One order was already taken at t/p. I will take a look at the EA later as well. 
