EXAMPLE number 1

The first step is to look at a daily bar chart to spot a +140 pip day. Every trading software/platform will provide you with the high and low for every day on a daily bar chart. In the following chart we can see that on day one the first condition of the Forex Cash Cow strategy, +140 pip move, has been fulfilled.
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Now a closer look on a five minute bar chart:

It is not necessary to look at the five minute bar chart since the daily bar chart will give you all the information you need. However, I just wanted you to see the first condition of the strategy on a smaller time frame.
The next requirement to be fulfilled is that the next trading day the market moves 70 pips in the direction of the price explosion. Let’s look at the day later on a daily bar chart.
Remember, at this point we are looking for a down move since that is the direction of the price explosion. So here we can see the market first making a high at 1.7512 and then trending downward. Our entry is triggered at 1.7442 (70 pip move in the direction of the trend). We enter a short position and immediately place a stop loss order at 1.7502 (60 pips) and a profit objective order at 1.7342 (100 pips). The market reaches our profit objective on the same day and we manage to make a profit of 100 pips from this trade.
Let's look at how all of this would have occurred on a five minute bar chart.
Continue to see Cash Cow Example 2

10 comments:

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  6. Q: Which platform to use with this software?
    A: You can use any trading platform! Yes, you can use MetaTrader 4, MetaTrader 5, TradeStation, NinjaTrader... because the software runs on dedicated computers and you only need a web browser to get the instant result online.
    Q: How many currency pairs does Forex Trendy scan?
    A: It scans 34 Forex pairs on 9 time frames from 1-minute to monthly. Together 34 pairs x 9 time frames = 306 charts.
    Q: What method is used to determine the trend?
    A: The trend reliability is determined by the "Trend Drawdown" - a method that uses no indicators, but pure price action. This method is explained in the ebook you will get in the subscription.
    Q: Which configuration do I need?
    A: Use the latest version of any major web browser (Internet Explorer, Firefox, Chrome, Safari, Opera...)
    Q: Does it work on mobile devices?
    A: Yes, it has been tested on several mobile devices and browsers.
    Try it now:
    ==> http://www.forextrendy.com?laush394758
    "I really like your idea of taking only the best trending pair and even time frame. I am very impressed with such a simple and effective approach. I am not a tech guy and I am amazed how it works online without anything to install... I just log in two times a day and check for any interesting pairs."
    Stephen Ross, NY
    "I use this software every day together with my own system and two EAs. I execute trades only when trend drawdown is below 15% so I decreased the trade frequency, but I got two times better results. I am also interested in pattern recognition, I haven't tried it yet, but it looks amazing!"
    Julien Labonne, Florida, USA
    "I would highly recommend this service to anyone serious about forex trading. Another one that gives back much more than he receives. The real value for such a low price is rare in the forex industry."
    Sebastian, Germany
    ==> http://www.forextrendy.com?laush394758

    ReplyDelete
  7. Q: Which platform to use with this software?
    A: You can use any trading platform! Yes, you can use MetaTrader 4, MetaTrader 5, TradeStation, NinjaTrader... because the software runs on dedicated computers
    and you only need a web browser to get the instant result online.

    Q: How many currency pairs does Forex Trendy scan?
    A: It scans 34 Forex pairs on 9 time frames from 1-minute to monthly. Together 34 pairs x 9 time frames = 306 charts.

    Q: What method is used to determine the trend?
    A: The trend reliability is determined by the "Trend Drawdown" - a method that uses no indicators, but pure price action. This method is explained in the ebook you
    will get in the subscription.

    Q: Which configuration do I need?
    A: Use the latest version of any major web browser (Internet Explorer, Firefox, Chrome, Safari, Opera...)

    Q: Does it work on mobile devices?
    A: Yes, it has been tested on several mobile devices and browsers.

    Try it now:

    ==> http://www.forextrendy.com?laush394758


    "I really like your idea of taking only the best trending pair and even time frame. I am very impressed with such a simple and effective approach. I am not a tech
    guy and I am amazed how it works online without anything to install... I just log in two times a day and check for any interesting pairs."

    Stephen Ross, NY

    "I use this software every day together with my own system and two EAs. I execute trades only when trend drawdown is below 15% so I decreased the trade frequency,
    but I got two times better results. I am also interested in pattern recognition, I haven't tried it yet, but it looks amazing!"

    Julien Labonne, Florida, USA

    "I would highly recommend this service to anyone serious about forex trading. Another one that gives back much more than he receives. The real value for such a
    low price is rare in the forex industry."

    Sebastian, Germany


    ==> http://www.forextrendy.com?laush394758

    ReplyDelete
  8. "I really like your idea of taking only the best trending pair and even time frame. I am very impressed with such a simple and effective approach. I am not a tech guy and I am amazed how it works online without anything to install... I just log in two times a day and check for any interesting pairs."

    Stephen Ross, NY

    "I use this software every day together with my own system and two EAs. I execute trades only when trend drawdown is below 15% so I decreased the trade frequency, but I got two times better results. I am also interested in pattern recognition, I haven't tried it yet, but it looks amazing!"

    Julien Labonne, Florida, USA

    "I would highly recommend this service to anyone serious about forex trading. Another one that gives back much more than he receives. The real value for such a low price is rare in the forex industry."

    Sebastian, Germany


    ==> http://www.forextrendy.com?laush394758

    ReplyDelete
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  10. "Which Forex pair and time frame is best to trade" is the frequently asked question and I want do give you the DEFINITE ANSWER.

    Are you expecting that I am going to say something like EUR/USD on 5-minute time frame or GBP/USD on daily...? No, it is not so simple, but SIMPLE ENOUGH we can figure it out!

    The "PROBLEM" is that markets change over time. If GBP/USD was a well trending currency pair a few years ago, today it is another one.

    I actually want to let you know about a SPECIAL TOOL that I use to find the BEST TRENDING PAIRS among all the Forex pairs.

    http://www.forextrendy.com?vhbshygdf398432

    The software scans 34 Forex pairs on all time frames from minute to monthly. This way you pick the best trending pair and time frame at the current time.

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    http://www.forextrendy.com?vhbshygdf398432

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