The “100 pips Daily- Set & Forget” system is a very easy set
and forget system where you don’t have to watch the market
day and night. It is perfect for beginners and people with
9am-5pm day jobs.
To use this system you don’t need to be a market guru. It uses
pure mathematical calculations that even a child can do. The
algorithm is based on a 6:00pm est – 6:00pm est (yesterday –
today) range and Asian Session opening around 7:00pm est.
Let’s begin:
Forex Candlestick charts show sets of data consisting of open,
high, low, and close values of each period.
The hollow and filled section is called “the body”. The lines above or below “the body” are called shadows or tails. If the stock has closed higher than the opening price, then a hollow
candlestick is drawn. In addition, if the stock closed lower than the opening price, a filled candlestick is drawn.
In a hollow
candlestick where closing price is higher than opening price,
the lower body shows opening price and the upper body shows
closing price. In a filled candlestick where closing price is lower
than opening price, the lower body shows closing price and the
upper body shows opening price. Hollow means stocks up and
filled means stock is down.
SETUP
Let me introduce this, the World’s Set and Forget Strategy. This
simple system is time based and can be used only once a day .
You don’t need any indicators, just a “charting tool” in your
trading platform and a simple calculator.
Max Daily Profit Potential: 100 pips
This is a very simple and proven to be profitable manual “set
and forget” system. You will have to place orders every day at
the same time. The system uses smart money managment and
profit targets and gives you the opportunity to make 100 pips
even on 50-60 pips pair move! We are taking advantage of the
Asian session opening at around 7:00pm.
The system works on USD/JPY ( you may also try GBP/JPY and
other “JPY” pairs), I use USD/JPY.
The rules of this system are simple, and managing trades,
and calculating levels will take no more than five minutes of
your time. The only tricky part is using your knowledge to set
limit orders. ( you can trade the system manually of course..)
Let me introduce you to the 3 simple steps below. Then I’ll
take you through some actual examples in order to illustrate
just how easy this system is.
This trading system involves 3 simple steps.
1. Get ready around 6:00 pm EST
2. Identify your entry levels
3. Place 6 limit orders
That’s it! You don’t have to monitor your trades. All your
trades will be executed by your limit orders..
The Strategy Step by step:
1. 1. At 6:00pm EST pull a 2H (or 1H or 4H - doesn't matter -
it will be used only to determinate high/low of the 24 hour)
chart USD/JPY. See example above.
2. Identify the USD/JPY high and low of the 24 hours period
from 6:00pm to 6:00pm
( let’s take an example high=90.50 and low=90.00 )
Identify your entry levels
4. Set 3 BUY orders 7 pips above the high (high + 7 pips)
Order 1 Entry: High +7pips
Set take profit 15 pips and stop loss 25 pips
Order 2 Entry: High +7pips
Set take profit 35 pips and stop loss 25 pips
Order 3 Entry: High +7pips
Set take profit 50 pips and stop loss 25 pips
Example:
USD/JPY High=90.50 Low=90.00
Order example 1 LONG=90.57 Take Profit=90.72 Stop
loss=90.32
Order example 2 LONG=90.57 Take Profit=90.92 Stop
loss=90.32
Order example 3 LONG=90.57 Take Profit=91.07 Stop
loss=90.32
5. Set 3 SELL orders 7 pips below the low (low -7 pips)
Order 1 Entry: Low -7pips
Set take profit 15 pips and stop loss 25 pips
Order 2 Entry: Low -7pips
Set take profit 35 pips and stop loss 25 pips
Order 3 Entry: Low -7pips
Set take profit 50 pips and stop loss 25 pips
Example:
High=90.50 Low=90.00
Order example 1 SHORT=89.93 Take Profit=89.78 Stop
loss=90.18
Order example 2 SHORT=89.93 Take Profit=89.58 Stop
loss=90.18
Order example 3 SHORT=89.93 Take Profit=89.43 Stop
loss=90.18
Share your opinion, can help everyone to understand the forex strategy.
and forget system where you don’t have to watch the market
day and night. It is perfect for beginners and people with
9am-5pm day jobs.
To use this system you don’t need to be a market guru. It uses
pure mathematical calculations that even a child can do. The
algorithm is based on a 6:00pm est – 6:00pm est (yesterday –
today) range and Asian Session opening around 7:00pm est.
Let’s begin:
Forex Candlestick charts show sets of data consisting of open,
high, low, and close values of each period.
The hollow and filled section is called “the body”. The lines above or below “the body” are called shadows or tails. If the stock has closed higher than the opening price, then a hollow
candlestick is drawn. In addition, if the stock closed lower than the opening price, a filled candlestick is drawn.
In a hollow
candlestick where closing price is higher than opening price,
the lower body shows opening price and the upper body shows
closing price. In a filled candlestick where closing price is lower
than opening price, the lower body shows closing price and the
upper body shows opening price. Hollow means stocks up and
filled means stock is down.
SETUP
Let me introduce this, the World’s Set and Forget Strategy. This
simple system is time based and can be used only once a day .
You don’t need any indicators, just a “charting tool” in your
trading platform and a simple calculator.
Max Daily Profit Potential: 100 pips
This is a very simple and proven to be profitable manual “set
and forget” system. You will have to place orders every day at
the same time. The system uses smart money managment and
profit targets and gives you the opportunity to make 100 pips
even on 50-60 pips pair move! We are taking advantage of the
Asian session opening at around 7:00pm.
The system works on USD/JPY ( you may also try GBP/JPY and
other “JPY” pairs), I use USD/JPY.
The rules of this system are simple, and managing trades,
and calculating levels will take no more than five minutes of
your time. The only tricky part is using your knowledge to set
limit orders. ( you can trade the system manually of course..)
Let me introduce you to the 3 simple steps below. Then I’ll
take you through some actual examples in order to illustrate
just how easy this system is.
This trading system involves 3 simple steps.
1. Get ready around 6:00 pm EST
2. Identify your entry levels
3. Place 6 limit orders
That’s it! You don’t have to monitor your trades. All your
trades will be executed by your limit orders..
The Strategy Step by step:
1. 1. At 6:00pm EST pull a 2H (or 1H or 4H - doesn't matter -
it will be used only to determinate high/low of the 24 hour)
chart USD/JPY. See example above.
2. Identify the USD/JPY high and low of the 24 hours period
from 6:00pm to 6:00pm
( let’s take an example high=90.50 and low=90.00 )
Identify your entry levels
4. Set 3 BUY orders 7 pips above the high (high + 7 pips)
Order 1 Entry: High +7pips
Set take profit 15 pips and stop loss 25 pips
Order 2 Entry: High +7pips
Set take profit 35 pips and stop loss 25 pips
Order 3 Entry: High +7pips
Set take profit 50 pips and stop loss 25 pips
Example:
USD/JPY High=90.50 Low=90.00
Order example 1 LONG=90.57 Take Profit=90.72 Stop
loss=90.32
Order example 2 LONG=90.57 Take Profit=90.92 Stop
loss=90.32
Order example 3 LONG=90.57 Take Profit=91.07 Stop
loss=90.32
5. Set 3 SELL orders 7 pips below the low (low -7 pips)
Order 1 Entry: Low -7pips
Set take profit 15 pips and stop loss 25 pips
Order 2 Entry: Low -7pips
Set take profit 35 pips and stop loss 25 pips
Order 3 Entry: Low -7pips
Set take profit 50 pips and stop loss 25 pips
Example:
High=90.50 Low=90.00
Order example 1 SHORT=89.93 Take Profit=89.78 Stop
loss=90.18
Order example 2 SHORT=89.93 Take Profit=89.58 Stop
loss=90.18
Order example 3 SHORT=89.93 Take Profit=89.43 Stop
loss=90.18
Share your opinion, can help everyone to understand the forex strategy.
