Forex strategy at Lokiruyuschih orders

Forex strategy at Lokiruyuschih orders - This trading system is very simple and can be both the medium and long enough (we sell it will be for the purpose of paragraphs 200-300), the fastest, it is even just a method of money management than most forex strategy, but nevertheless this strategy trades a trader friend of mine is not the first year and thus earns a living.

To some degree, I was even in his early career trader - a mentor who led him to the forex and gave the most basic knowledge about trade and the market itself. Nevertheless, he found his way to trade the forex market, which fits him best for his lifestyle and that's it and it should be!
In order to trade can choose any Forex Broker!

Just want to warn you that no records with the real account will not be as This trader wished to remain anonymous, and no evidence, etc. its trade provide just did not want and probably will not even answer the questions posed to him on the site (as he shared his strategy with me only out of respect to me personally and spend time discussing issues not want to - his interest to do so). So believe me and he will have only the word ...

Just once I want to warn you that I personally am not a fan of lokiruyuschih orders, and I think it's better to trade with a stop-loss, use the correct Money Management, and try to enter the market with minimal risk of loss and the alleged knowingly garazdo greater profit!

Nevertheless, forex strategy at Lokiruyuschih profitable orders to my colleague - a fact which means she has a right to exist and it is possible that it will allow someone on this site just to make a profit on forex!

The essence of forex strategy at Lokiruyuschih orders is very simple, but suitable mainly for traders who know how to wait (and most even present themselves as investors rather than short-term speculators):

1) The trade is mainly carried out at intervals of H4 and to the weekly charts (W1). Although if you wish, you can trade at smaller intervals, but still better suited H4, D1

2) Under each deal with a warrant lokiruyuschim allocated a separate trading account (preferably) or a portion of the deposit.

In addition, if you can afford to trade forex with a deposit of $ 10,000, then you should not use them all under one transaction, and for the forex strategy or to allocate the transaction, such as $ 500, open a separate trading account (if possible) and sell this the sum. Earned, doubled, tripled deposit - remove the profit and re-sell these $ 500 or we remove all the money and open another trading account in the same amount or slightly higher amount.

3) we find significant levels of which are presumably the price will rebound, or will the trend reversal in the near future. It can be:
fundamental data (recommendation of prominent financial analysts and banks, who claim that alleged price will be adjusted on the level of, for example on EURUSD 1.31 or so)
Important levels Fibonacci retracement of the last complete motion
Important historical highs and lows
Significant levels of support and resistance lines, the lines of important price channels, etc.
The psychological price levels
Well, or you simply open trade in the direction of the main trend in the forex market

A few more words about why you need to take important levels and the interval H4, D1: Trading of important levels, you get a great likelihood that the price is still too early or too late to come back to this level and you can earn on the transaction, the intervals of H4 and D1 - as at given intervals still garazdo easier sell, and if a signal to open the deal, it is quite important, and the likelihood that he will fulfill the same garazdo higher than at smaller intervals.

4) Conclude a deal at this level in the desired direction in such a volume, so you have enough collateral to open a reverse order + minimum allowable drawdown, and do not put a stop-loss at the desired level and set back the same amount of order

Types of orders can be absolutely any: Limit, Stop, opening trades at market prices

Consider this example:

Suppose you deposit $ 5000, leverage 1:200 in the account, so if you open a 1 lot trade on the currency pair EURUSD, then you have a mortgage of $ 670, hence the opening of the 2nd - the reverse order every 200 points you will need more maximum of $ 650-700 + DD 200 points x $ 10 = $ 2000.

That is, at the opening of the 2nd lokiruyuschego orders in your account will be free of: 5000 - (700 +670 +2000) = 1630 $ - and that means that you this amount will be enough to trade at such a volume of transactions.


1. Breakdown of an important historical level.

Explain why the level of importance: we see a pronounced move downward, build on it Fibonacci, we note that the price jumped by 38.2%, adjusted, but yet the price is not copied at least downtrend on the daily chart, the price again turned around and walked to the level of correction that started at 38.2%. Having broken the price level attempted to test the maximum price of 38.2% on top-down, bounced back up from it.

2. Deal on the rebound from an important level.

Since the we are trading the daily chart and see that the price has not gone down and the black candle (penultimate) has been rewritten white, although it still has not closed (to the right deal, you need to wait for the closing day of the candles, but for clarity, since I can not wait when (I publish a strategy right now) and we are in trading can sometime be wrong, for this and put lokiruyuschy order) - we conclude a deal to purchase and assume that the price will go further (eg to the upper green rectangle in Figure 1 ), as We stop-loss orders do not set in this strategy, we set the inverse order to sell and give the profits to grow, although the transaction has and is currently profitable, but we close it will only work if the profit, presumably at the level of 61.8% Fibonacci or close the deal on their own, but at a profit of at least 1.5 - 2 times greater than the area "lokiruyuschego stop-loss" if the market does not go our way and start a long correction.

Here are some such thoughts should be in your head at closing ...

But also you have to remember that not all forex brokers allow you to open lokiruyuschie order for one currency pair and if it is allowed, it is not necessarily the margin at the opening of the 2nd order will be 100%, and may be less garazdo that in our case is even better as bail in this case will garazdo less!

Credit is leverage when trading forex strategy at Lokiruyuschih orders better to take the maximum allowed by your broker, forex, such as 1:200, 1:500, 1:1000!

5) If the price went in your direction - forward and give PROFITS simply grow! - And this is a very important condition for this strategy because if you try and take pipsovat 20-30 points and at the same lokiruyuschy lot will stand at a distance of 100-200 points - then this trade you will necessarily lead to long lokam!

Presumably the desired profit should be at least 2 times more sagging parts. For example, if the order is back at 200 points, then enter the market only when the presumed profit should be 400-600 points. Otherwise - it is better to refrain from trading!

Although we do not forget to close a deal on the same critical levels, etc. If you prefer, you can cover part of the deal on your desired level or major Fibonacci levels, and also change the deal to break even during the passage of 300-500 points, for example. In such cases the reverse order to remove (the interchange to breakeven) or reduce the amount equal to the open order (at the close of the profits)!

If the price turned around and worked lokiruyuschy order - okay - now need to wait and watch the market, after the formation of a pronounced pivot combination in our direction (a retreat from the critical level, the formation of an explicit trend in our favor) that the price will return to the starting point the opening of the 2nd order - we the 2nd order is closed on bezubytku and again wait until the price goes our way and getting ready to open the reverse order, if necessary ...

Of course you can wait a long time - several days a month, a few months, a few years ... So my colleagues an LOC is open from 2008 to the present day the price has not returned to the desired point. In fact, the amount of just hung in the market, but close lokiruyuschie data warrants also makes no sense: spovy small enough and removed when you close the lock, we just lose the value of our authorized drawdown, ie stop-loss, exhibited the reverse orders.

For this reason, and to share your existing amount to several accounts, one by hanging, the 2nd gives money and ultimately profit anyway even covers "hung in the market worth."

So for two and a half years, my colleague says that he is hanging only 1 POC (which I above and wrote), and closed only 4-5 losing trades independently, the sum of $ 300-400 each, but the magnitude of losses in several time (and perhaps many times) is less than the profits.

That is, in principle, and the whole forex strategy at Lokiruyuschih orders!

Only wish: I recommend to practice on a demo forex account before you decide to trade it. And of course you will have to accept the fact that any amount you may hang indefinitely on the forex market!

So once again consider whether this strategy is suited to you according to your style of trading, before you use it well and do not forget that all transactions in the forex market are associated with risks of loss of your money first, and only then with the profits that you can get!