Happy Ending
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Thread: Happy Ending

  1. #1
    Trader ara's Avatar
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    Happy Ending

    Account information:

    Name of CopyFX Trader : ara
    Account number : 5261407
    Read only password : arafx2018
    Account type : CopyFx MT4 Pro-Cent
    Account currency : USD
    Leverage : 1 : 1000

    informer CopyFX :







    Strategy Parameters:

    System: Breakout - Enter a trading position if the price passes the support/resistance level towards the trend phase.
    False Breakout - Enter a trading position if the price passes the support/resistance level but return to consolidation area.
    Overbought/Oversold - Enter a trading position if the price pullback from the support/resistance level.
    Difficulty: complex
    Timeframe (TF): M5 | M15 | M30 | H1
    Trading pairs: Multicurrency

    Strategy Description:

    First of all, I say that this is a complex strategy that comes from my own idea, why do I say that this is a complex strategy? Because here I will use multilevel lotsize settings. But of course I take into account the risk management and money management aspects.

    Indicators :
    - Zigzag (default indicator), default setting, the main indicator for analyzing markets and determining entry positions
    - iExposure (default indicator), indicator to calculate the number of buy and sell positions and lot size. It is very helpful in managing the total lot size in the multi positions trading system.
    - Profit (I found this indicator in this forum), serves to provide information about BEP and MC level.



    Trading setup :
    Opening orders Buy or Sell, I will use zigzag to determine support/resistance, then determine the signal for entry position during breakout, false breakout, and overbought / oversold.



    Lot size, I will use multi trading positions (add new positions in each new signals signal in the opposite direction to the last position, close all positions if I get from overall positions). and multilevel lot sizes (lot size will increase in each positions). There are no rules on what percentage or calculation for lot size multiply, depend on remaining equity.



    Explanation from the picture above:
    1. Getting a breakout signal, open sell 0.10 lot size
    2. Get a false breakout signal, open buy 0.20 lot size
    3. Put a 0.40 lot size sell stop under the new support to anticipate the breakout
    4. Close all positions when I see profit from overall positions (TP in money)

    The levels of Stop Loss, Take Profit: No stop loss, Take profit in money and when I find there is a reversal signal that reduces the amount of profit running.
    Money Management, Risk management: There are no rules for lot size multiply per trades, all depends on market conditions and equity conditions. And if I find a situation that is quite dangerous, I will reduce the lot size for the next position, and also close part of the trading position in loss when the situation is not profitable based on personal analysis, feeling , and psychological aspects.

    Comment moderator

    1. ContestFX
    2. Strategy confirmed

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    Last edited by ContestFX; 11-26-2018 at 10:22 AM.

  2. #2
    Trader ara's Avatar
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    1st trade

    Pair : USD/JPY
    TF : M5
    Signal : False breakout
    Op : Sell 0.10 lot size @113.28, pending order buy stop @113.36 for breakout resistance signal as anticipate.


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  3. #3
    Trader ara's Avatar
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    2nd trade

    Pair : USD/JPY
    TF : M5
    Signal : Oversold
    Op : Buy 0.10 lot size @113.23, pending order buy stop @113.36 , sell stop @113.10 as anticipation for breakout support and resistance.



    - - - Updated - - -

    3rd trade

    Pair : USD/CAD
    TF : M30
    Signal : Oversold
    Op : Buy 0.10 lot size @1.3198


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    Last edited by ara; 11-26-2018 at 01:07 PM.

  4. #4
    Trader ara's Avatar
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    4th trade

    Pair : EUR/USD
    TF : M5
    Signal :
    1. breakout
    Op : Sell 0.20 lot size @1.1350
    2. false breakout
    Op : Buy 0.60 lot size @1.1355


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  5. #5
    Trader ara's Avatar
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    5th trade

    Pair : EUR/JPY
    TF : H1
    Signal : false breakout Buy 0.10 lot size @128.61


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  6. #6
    Trader ara's Avatar
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    6th trade

    Pair : GBP/USD
    TF : H1
    Signal : false breakout op Buy


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  7. #7
    Trader ara's Avatar
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    7th trade

    Pair : EUR/JPY
    TF : H1
    Signal : breakout op Buy


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  8. #8
    Trader ara's Avatar
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    8th trade

    Pair : GBP/USD
    TF : H1
    Signal : oversold from past lower zigzag, op buy



    9th trade

    Pair : EUR/USD
    TF : H1
    Signal : overbought from past lower zigzag, op sell



    8th trade

    Pair : AUD/USD
    TF : H1
    Signal : overbought. op sell


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  9. #9
    Trader ara's Avatar
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    I got margin call after I trade with full margin to chase big profits in order to get the top position in this competition.

    This is not a Happy Ending... :( This is a sad ending


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