We created a Double in a Day forum to:
- Analyse the market for trading opportunities
- Record successful deals
- Have a facility for traders to discuss Double in a Day trading
During the testing phase in 2013 the Double in a Day Forum was located at this link http://forextradeoftheday.com/forum/ . This forum is not active but contains valuable discussion and over 70 successful Double in a Day examples so please visit the forum. You will have to register to gain access.
In 2014 the forum has moved to the Expert4x website at http://expert4x.com/expert4x-forum/ – you will have to register to access the info on this Forum too.
Finding Conditions for Double in a Day trades
The double in a Day EA and technique needs to find price moves that have volatility and move +/- 100 pips in a short time.
The moves generally occur under in the following market conditions:
- When unexpected news occurs as result of an economic announcement
- When the market breaks through major support or resistance
- When the breaks out of a highly consolidation market.
- When the price has moved too far for the big players
On a weekly basis we scan the market for the possibility of these events in the next week. In the forums relating to trades identified for Clean Screen, Price Action trades and indicator based trades add more trading ideas.
When these moves happen there is the potential to double your account in that one trade.
In this service we don’t only focus on 100% gains because you should also go for smaller gains as that will give you more chance of success and bigger stops.
You can access this forum on the Expert4x website at http://expert4x.com/expert4x-forum/