Hello men,
my name is David, I'm 23, I'm from Czech Republic and I operate as Quality Controller.
I decided to make new profitable system, as my intraday EUR/USD egy dissapointed me a bit after it created new record of losing transactions drowdown (22).
I want view, if I am in a position to make far better equity curve with less losing transactions. So let us go!!!
DMS system - RULES
1. I trade Tuesday to Friday.2. I trade from 9 to 13 and from 15 to 17 o'clock GMT 1 (depends on my job change ).3. I trade 1 hour chart.4. I trade just LONG.5. STOP LOSS is 200$ - TARGET PROFIT is currently 400$.
DMS system - TRADING RULES
1. PRICE should open and keep above DAILY PIVOT.2. PRICE should make ENGULFING candle on DAILY PIVOT.3. STOP LOSS is DAILY PIVOT - TARGET PROFIT is around R2 and here it should be 2:1 PROFIT FACTOR.4. H1 chart should rise, though not and H1 chart is at some range, I watch H4 and D1 chart and when it is raising, I input trade too (this principle is quite conservative, I just don't input large drop ).
MAIN GOALS -
1. Make 50 transactions.2. Get least amount of losses.
This is example and I will add more latter with equity curve after last trade.
This one is from 28.2. 2018.
TRADING RULES -
1. PRICE should open and keep above DAILY PIVOT.2. PRICE should make ENGULFING candle on DAILY PIVOT.3. STOP LOSS is DAILY PIVOT - TARGET PROFIT is around R2 and here it should be 2:1 PROFIT FACTOR.4. H1 chart should rise, though not and H1 chart is at some range, I watch H4 and D1 chart and when it is raising, I input trade too (this principle is quite conservative, I just don't input large drop ).