DIAD FOREX TRADING STRATEGY
During this week there have been no less than 28 successful DIAD Forex trades.
Expert4x is back from our summer break and have started trading the DIAD Forex trading strategy again – this is the end of our 3rd week.
Please note we are supplying the successful deals as a service and for educational purposes to show users of the DIAD EA when and where these successful deals are most likely to occur. To do this we run the EA continuously and ignore the many break-even and unsuccessful deals as these are of no educational value.
Many traders think they have to use there whole Forex account to do Double in a Day Forex Trading Strategy trades. If you have a $ 5 000 account you can for instance only use $ 2 000 for double in a day trades. Also many traders think that they MUST go for 100% gains. You can choose the gains you want to go for.
Use this link to see the actual DIAD EA settings to produce these results FOREX SETTINGS
The GBPJPY is the most successful currency so far – it is a good currency to trade as the spread is reasonable and it has good volatility. Volatility can be enhanced the fact that the JPY is mainly traded in the Asian session and the GBP in the UK and US sessions. This it a factor that produces higher ranging candles.
PLEASE NOTE: All of the trades could be entered using pending orders. This means you only need to look at the charts 2 or 3 times a day for a few minutes to identify potential transactions and enter pending areas in for the potential entries
Most successful deals are identified using Channel trading. Click here for a FREE Channel trading course CHANNELS
50 % Gain using a 60 pip Target
70% gain using 85 pips
100% gain using 110 pips
100% gain using 130 pips
The Marilyn Monroe Forex trade refers to the US markets reaction to a strong advance made by the UK market. If the US rejects the move made the UK market and pushes the price back it creates a candle with a spike (unsatisfied advance or a PIN bar). A situation when further advances will be left unsatisfied and the price will be pushed back . In the chart above this happen 3 time in exactly the the same time of day – just before the US open and after the US open. The rejection candle gives a message that the price is unlikely to be allowed past the point of rejection in the short term by the Big Players. Eventually this resulted in a nice 130 pip Double in a day trade.