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Midnight forex trading strategy

Forex trading strategy #18 (20 pips with GBPUSD after midnight),Table of Contents

17/5/ · I was studying the midnight strategy from blogger.com I was thinking just for fun to never give up.. And I found out that I would be profitable all the time which was Ready to dedicate your midnight hour to Forex trading? This strategy can be your winner. Trading strategy setup: Currency pair: GBP/USD or any other. Time frame: 1 day. No 8/5/ · 1.) Take the closing price of the first 15 minute bar after midnight GMT on GBPUSD. 2.) Place a buy order 50 points above the close and a sell order 50 points 22/6/ · Trading Regulations: This system is based on the fact that you rarely see identical candles on a daily chart for two consecutive days. What does this mean for us – only one 8/5/ · I've just started trading a strategy which is based on the close of the first 15 minute bar after midnight GMT on GBPUSD. 1.) Take the closing price of the first 15 minute bar after ... read more

Midnight: candle 5 is less than 90 pips, thus we are not setting any orders for the next day. and for a good reason We will have systems that will be able to easily allow trades running their positions further relatively safe, but for this one it is important to lock your profits — the reason is that we move our stop order every day.

Midnight: candle 8th is less than 90 pips means we are not going to trade next day. Midnight: 9th candle is long enough for us to set targets for the next day. Midnight: 10th candle is long enough again which allows us to reset our orders. Also we reset orders for tomorrow. We stay in and adjust our stops.

The price closed below our order, we stay in trade. Nottingham presents one of the longest and most de- tailed flood histories within Britain, with epigraphic mark- ings indicating the level of the largest floods since in- scribed. Top to bottom: classified winter October to March storms from the damage-based data set CAT-DAM ; classified windstorm days from wind observations at Zurich station OBS Zurich ,.

Battery Current is requested from each Classic, converted to ComSync encoding and sent to the Sunny Island approximately every five seconds.. PV Voltage is requested from each. The success of our simple stop-loss policy may be due to certain nonlinear aspects of stock and bond returns from which our strategy happens to benefit e. wvas no nominal variable to anchor the rate of inflation. Given the necessary adjustments in public sector prices and the exchange rate, money should have played a more active.

Property sales hotspots are defined as those locations that recorded a rise in home sales during the ten months to October compared with the same period in Over three. Advanced system 1 Midnight setup In document Forex Strategy Page Ready to dedicate your midnight hour to Forex trading?

In case you may wonder why we need such remote uploading. We do it for the sake of keeping our website healthy, running quick and not being overloaded with storage files. can anyone explain how can upload the indicator and a picture the "upload file or image" button doesn't seem to be clickable. Rich well I've been playing around with this strategy it seems good but i havent had a chance to back test it more than one year which rich has already done.

I've found an indicator which makes backtesting on mt4 very easy and am uploading it here along with a picture. I'm not aware of these new rules? I don't see how your hedging if you're only allowing 1 order to trigger?

My broker IG Index allows me to place as many orders as I like on the same pair in either direction. This strategy is great. I came across it on Friday 8th May 09 and wanted to test on my demo account on Monday 11th May GMT but I was told by the broker that hedging of buying and selling the same currency pair is not allowed anymore this is IBFX demo account.

They said the NFA have changed the rules and do not allow hedging. Is there any way we can get round this problem, because if based on ibfx, such buying and selling of the same pair is not possible anymore.

Please advise, I will appreciate it. Wanted to demo this strategy this evening and with the new NFA anti-hedging rules I was unable to put a pending order in the opposite direction.

Would have been great to have tried it. Next option would be to set a price alarm and set my order at that point. Too bad it won't be a set it and forget it type of trading with this new regulation. You are correct regarding the 1 meaning win and the L meaning lose, I wanted to use W for Win but the 'IF' function in excel didn't like it in the formula. Obviously past results don't guarantee future performance but looking a years results where the market has been pretty static in some months and in huge trends in others gives a good diversification to test the strategy.

I've like to try and add additional rules to get the win ratio up, but so far moving averages and general trend don't seem to have any baring on results. WE WAIT FOR THE DAILY CLOSE… 2. AND WE WAIT FOR AN INSIDE BAR… 3. WE PLACE A BUYSTOP AND SELLSTOP ON THE HIGH AND BOTH 0. WE PLACE THE STOPS ON THE OPPOSTIE ORDERS FOR THE OREDERS 5. Profit targets for both positions are the risk we have taken NOW IF ONE ORDER GETS TRIGGERD WE SAY THE BUY ORDER.. Here are the different cases at what could happen.

is hit we close the opposite sell stop immediately and call it a profitable day. Our buy goes against us and our stop and reverse gets triggered this time with 0. at that moment we put again a buy stop this time with 0.

one time the spread we have lost.. Please note that you take the highs and lows of the inside bar.. i have never tried it with the highs and lows of the Bar which covers the inside bar…but if we would have an EA results would be easy. SO WHAT I AM LOOKING FOR… 1. CAN SOMEBODY CODE THE STRATEGY? Does anybody have any idea on money managment when using this system or similar systems 3.

I am currently back testing the simple 5x5 system and I would be happy if we can create a group maybe with the help of Edward where we can share to backtest strategys together this would save a lot of time. You can contact me via email [email protected]. Again I want to thanks Edward for his great site.. god bless you and your family you are helping a lot of people … Also this is just an idea and again I am saying this again.. oh dude my suggestion is to do not only inside bar but on one hour chart and with lower volume u can do on each and every bar i have cheked it on 50 candle of 1 hour u have to maximum double you volume up to 0.

and then your profit is trggered,,, thanks dude You can use any good Martingale EA that may give you much better results than this strategy.

I suggest blessing EA and snipper. I can understand that you could empty your account but why you open a trade with a stop thats larger than your account? Using a position size calculator and risking an appropriate amount takes away the need to empty your account if you happen to come across one of those days.

Hey, I never thought the strategy which I develop by myself would find simmilar strategy on this site. the different is I order the buy and sell anywhere, anytime at once.

There 're lot of promising systems in this site to trade. I dont know why the admistrator accepted this system when the author himself believe that it will go call margin on day!! I really hope so. But so far I have not met a person who can successfully tame the Martingale system. This is just another martingale system. There's nothing really special about it other than waiting for a specific entry. Martingale is simply a type of betting in which you double your trade amount every single loss.

Eventually, when you get a profitable trade, it will make up for all losses plus a wee bit of profit.

Who's online There are currently 20 users online. Home Forex trading strategy 18 20 pips with GBPUSD after midnight Submitted by User on May 8, - Submitted by Rich.

I've just started trading a strategy which is based on the close of the first 15 minute bar after midnight GMT on GBPUSD. Both orders should be placed with a 20 point stop loss and a 20 point limit order to take profits. This has averaged 74 points per month since April 08 which doesn't sound much, but given the short stop distance you can afford to place large trade sizes. I trade with £10k capital and am placing £ I have tested this with 20, 30 and 40 point targets, the 20 point target won points over 13 months, the 30 point target won and the 40 point target won I prefer to stick with 20 as a safe option.

I admit that it did have 1 loosing month last year but providing you persevere it's a winner in the long term. Is this system still used? I am new to FX trading and tried it out without success so wanted to kniow if I was doing it right? i Been test and trade this system is not real profit, but i also add a extra to the system go to www.

com trade the a,b,c system with 20 pip stop and 21 pip profit you will make money. i been trade for year now been very good..

You're a technical trader. No fundamentals whatsoever. Be sure to mention the trades going against you unexpectedly, to the people who are following what you're doing. I have tested this for a month of daily trades and I got results consistent with Rich's long backtest. Has anyone tried this lately. Looking back the past few weeks, it appears to still have enough winners on a monthly basis to still be profitable. hi i'm just new to forex. please dont laugh when you say place sell order, is it a sell or a sell stop order please also tell the difference between two.

Rich, I am assuming you mean "pips" when you say "points? The reason I am asking is because sometimes people call 1 point a function of a certain number of pips. One guy called 1 point 10 pips, etc.

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You can help thousands improve their trading! Submitted by User on May 8, - Submitted by Rich I've just started trading a strategy which is based on the close of the first 15 minute bar after midnight GMT on GBPUSD. Take the closing price of the first 15 minute bar after midnight GMT on GBPUSD 2. Place a buy order 50 points above the close and a sell order 50 points below the close 3.

Both orders should be placed with a 20 point stop loss and a 20 point limit order to take profits 4. Once 1 trade is triggered, cancel the other. Here's the results spreadsheet for the last year: Midnight Trade. Submitted by User on February 5, - SELL Close 1. Submitted by User on September 26, - Submitted by User on April 28, - Submitted by User on April 20, - Submitted by User on April 19, - Submitted by User on April 15, - Submitted by User on December 15, - Submitted by User on April 29, - Submitted by Edward Revy on February 18, - Submitted by User on February 18, - What is the first word in the phrase "chart trend london idea plus"?

Copyright © — Forex-strategies-revealed. com About us User feedback Contact Advertise Privacy policy Link to us. Hi Rich, Are you still using this strategy? How'd it going? Hi R u still using this strategy? And is it working? BUFF » Submitted by User on April 28, - what do u mean when u say 50 point? does it imply 5pips or 50pips? I have tested this for a month of daily trades and I got results consistent with Rich's long backtest » Submitted by User on April 19, - anyone have any record for ??

profit and loss? Proceed if you're a human: What is the first word in the phrase "chart trend london idea plus"? Dukascopy Saxobank. Forex Brokers News.

Trading by Midnight Strategy: Describing on Examples,Post new comment

Ready to dedicate your midnight hour to Forex trading? This strategy can be your winner. Trading strategy setup: Currency pair: GBP/USD or any other. Time frame: 1 day. No 8/5/ · I've just started trading a strategy which is based on the close of the first 15 minute bar after midnight GMT on GBPUSD. 1.) Take the closing price of the first 15 minute bar after Recently he decided that operate midnight strategy forex illegally. With the passage of the best-rated forex trading on the recommended by anyone can stand on your goal is achieved 17/5/ · I was studying the midnight strategy from blogger.com I was thinking just for fun to never give up.. And I found out that I would be profitable all the time which was 8/5/ · 1.) Take the closing price of the first 15 minute bar after midnight GMT on GBPUSD. 2.) Place a buy order 50 points above the close and a sell order 50 points 22/6/ · Trading Regulations: This system is based on the fact that you rarely see identical candles on a daily chart for two consecutive days. What does this mean for us – only one ... read more

Hi R u still using this strategy? To continue the discussion, please use our Forex Forum , where you can create a new discussion topic. Active traders Poll - share your live experience or read what others have to say. The very next trading day, the high got broken away. To ascertain whether a trend is worth trading, the MA lines will need to relate to the price action. DWL3 system, AKA DT2 5 Min Morning Pivot Strategy How To Double The Account In 1 Day? As you can see from the bottom part of this graph, the blue boxes represent peak prices and the red ones represent bottom prices.

Many factors can affect the price of a currency—some are impossible to predict, but most can be anticipated if you just follow the right news. You will find what you said is not correct if you do some backtest. does it imply 5pips or 50pips? Past performance is not a reliable indicator of future results, midnight forex trading strategy. We stay in and adjust our stops.

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