Olori Irene
5 START SIGNAL ON AUDUSD M60
1. +20 Pips to MR2
2. Risk/Reward more than ratio 1:2
3. Rejection candle.
4. ZigZag star below PRICE LINE M60 FE 261.8
5. Fibo Extension (FE) 261.8
0.29 Lot size for AUDUSD.m with 30 SL pips and 15.0% Risk
We already have an open position with a 0.05 lot so we will add to this position to make our total exposure to 15.0 % Risk.
The new position opened with a 0.24 lot with 30 pips stop-loss. Let us see how the market will play out with our 5 STAR Signals.
1. +20 Pips to MR2
2. Risk/Reward more than ratio 1:2
3. Rejection candle.
4. ZigZag star below PRICE LINE M60 FE 261.8
5. Fibo Extension (FE) 261.8
0.29 Lot size for AUDUSD.m with 30 SL pips and 15.0% Risk
We already have an open position with a 0.05 lot so we will add to this position to make our total exposure to 15.0 % Risk.
The new position opened with a 0.24 lot with 30 pips stop-loss. Let us see how the market will play out with our 5 STAR Signals.
Olori Irene
5 START SIGNAL ON AUDUSD M60
1. +20 Pips to MR2
2. Risk/Reward more than ratio 1:2
3. Rejection candle.
4. ZigZag star below PRICE LINE M60 FE 261.8
5. Fibo Extension (FE) 261.8
0.29 Lot size for AUDUSD.m with 30 SL pips and 15.0% Risk
We already have an open position with a 0.05 lot so we will add to this position to make our total exposure to 15.0 % Risk.
The new position opened with a 0.24 lot with 30 pips stop-loss. Let us see how the market will play out with our 5 STAR Signals.
1. +20 Pips to MR2
2. Risk/Reward more than ratio 1:2
3. Rejection candle.
4. ZigZag star below PRICE LINE M60 FE 261.8
5. Fibo Extension (FE) 261.8
0.29 Lot size for AUDUSD.m with 30 SL pips and 15.0% Risk
We already have an open position with a 0.05 lot so we will add to this position to make our total exposure to 15.0 % Risk.
The new position opened with a 0.24 lot with 30 pips stop-loss. Let us see how the market will play out with our 5 STAR Signals.
Olori Irene
5 START SIGNAL ON AUDUSD M60
1. 40 Pips to MR 2
2. Risk/Reward more than ratio 1:2
3. Rejection candle.
4. ZigZag star below PRICE LINE M60 FE 261.8
5. Fibo Extension (FE) 261.8
0.29 Lot size for AUDUSD.m with 30 SL pips and 15.0% Risk
We already have an open position with a 0.05 lot so we will add to this position to make our total exposure to 15.0 % Risk.
The new position opened with a 0.24 lot with 30 pips stop-loss. Let us see how the market will play out with our 5 STAR Signals.
1. 40 Pips to MR 2
2. Risk/Reward more than ratio 1:2
3. Rejection candle.
4. ZigZag star below PRICE LINE M60 FE 261.8
5. Fibo Extension (FE) 261.8
0.29 Lot size for AUDUSD.m with 30 SL pips and 15.0% Risk
We already have an open position with a 0.05 lot so we will add to this position to make our total exposure to 15.0 % Risk.
The new position opened with a 0.24 lot with 30 pips stop-loss. Let us see how the market will play out with our 5 STAR Signals.
Olori Irene
5 START SIGNAL ON AUDUSD M60
- Rejection candle.
- Fibo Extension (FE) 261.8
- 20 PIPS to MR2
0.29 Lot size for AUDUSD.m with 30 SL pips and 15.0% Risk
We already have an open position with a 0.05 lot so we will add to this position to make our total exposure to 15.0 % Risk.
The new position opened with a 0.24 lot with 30 pips stop-loss. Let us see how the market will play out with our 5 STAR Signals.
- Rejection candle.
- Fibo Extension (FE) 261.8
- 20 PIPS to MR2
0.29 Lot size for AUDUSD.m with 30 SL pips and 15.0% Risk
We already have an open position with a 0.05 lot so we will add to this position to make our total exposure to 15.0 % Risk.
The new position opened with a 0.24 lot with 30 pips stop-loss. Let us see how the market will play out with our 5 STAR Signals.
Olori Irene
5 START SIGNAL ON AUDUSD M60
- Rejection candle.
- Fibo Extension (FE) 261.8
- 20 PIPS to MR2
0.29 Lot size for AUDUSD.m with 30 SL pips and 15.0% Risk
We already have an open position with a 0.05 lot so we will add to this position to make our total exposure to 15.0 % Risk.
The new position opened with a 0.24 lot with 30 pips stop-loss. Let us see how the market will play out with our 5 STAR Signals.
- Rejection candle.
- Fibo Extension (FE) 261.8
- 20 PIPS to MR2
0.29 Lot size for AUDUSD.m with 30 SL pips and 15.0% Risk
We already have an open position with a 0.05 lot so we will add to this position to make our total exposure to 15.0 % Risk.
The new position opened with a 0.24 lot with 30 pips stop-loss. Let us see how the market will play out with our 5 STAR Signals.
Olori Irene
These positions had to be closed because of the News that is expected to affect the USD.
Olori Irene
Most of the trades are now in profit and we will be looking to Partial close our positions with a 10.0% ROI because of the High Impact News from the US Economy.
-The Initial Jobless Claims
The Initial Jobless Claims released by the US Department of Labor is a measure of the number of people filing first-time claims for state unemployment insurance. In other words, it provides a measure of strength in the labor market. A larger than expected number indicates weakness in this market which influences the strength and direction of the US economy. Generally speaking, a decreasing number should be taken as positive or bullish for the USD.
-Initial Jobless Claims 4-week average and
-ISM Manufacturing PMI
The Institute for Supply Management (ISM) Manufacturing Index shows business conditions in the US manufacturing sector It is a significant indicator of the overall economic condition in US. A result above 50 is seen as positive (or bullish) for the USD, whereas a result below 50 is seen as negative (or bearish).
-The Initial Jobless Claims
The Initial Jobless Claims released by the US Department of Labor is a measure of the number of people filing first-time claims for state unemployment insurance. In other words, it provides a measure of strength in the labor market. A larger than expected number indicates weakness in this market which influences the strength and direction of the US economy. Generally speaking, a decreasing number should be taken as positive or bullish for the USD.
-Initial Jobless Claims 4-week average and
-ISM Manufacturing PMI
The Institute for Supply Management (ISM) Manufacturing Index shows business conditions in the US manufacturing sector It is a significant indicator of the overall economic condition in US. A result above 50 is seen as positive (or bullish) for the USD, whereas a result below 50 is seen as negative (or bearish).
Olori Irene
Refer following blogs for setting up:
Subscribe and VPS setup: https://www.mql5.com/en/forum/336422
"How to subscribe to a Signal" https://www.mql5.com/en/articles/523
"Allocating a Virtual Server and Migration" https://www.mql5.com/en/articles/994
For getting the maximum allowed lot size, input 25% in "Use no more than 25% of deposit"
Subscribe and VPS setup: https://www.mql5.com/en/forum/336422
"How to subscribe to a Signal" https://www.mql5.com/en/articles/523
"Allocating a Virtual Server and Migration" https://www.mql5.com/en/articles/994
For getting the maximum allowed lot size, input 25% in "Use no more than 25% of deposit"
Olori Irene
Low volume today. Only 3-star signals available. These are the trades taken already let us see how the market will play out.
Olori Irene
Now risk-free trading with a Trailing Profit of +25 pips and a lock-in profit of +3 pips
Olori Irene
Best Time to trade Mid-London and New York Open session.
H4 Trigger 11:00 GMT Candle.
Opening 180 Minutes to the close of the H4 candle and
Closing all positions at 45 minutes to Close the H4 candle.
Money Management Rule:
Lot size used to determine how much risk to be held per trading session.
Risk
3.00 % Risk on $500 with Total Stop Loss of 50 pips = $15 Loss
Open Positions 1 Trade to Stop Loss of 50 pips
Open Positions of 2 Trades to Stop Loss of 50 pips each
Open Positions of 3 Trades to Stop Loss of 50 pips each
Take Profit Method use of Basket Close All Trade Positions at 45 minutes to the H4 Candle that begins at 11:00 GMT.
We may get up to 2 % to 3 % with each trading pair.
Account Balance of $500
Reward: Total Take Profit of 50 pips = +$15 per Trade.
Risk: 3.0% Risk with 50 SL pips 0.04 Lot size = -$15 per Trade
Login: 7724812
Investors Password: UAT9zBOs
Server: JustForex-Demo
The signal price is $65.
You should know that when you pay $65, there will be a 20% fee for mql5, and I will receive $50 as there is a 2% fee for withdrawing money from mql5.
Meaning MQL5 will pay out 78% of the $65 charge = $50 to the Signal Service provider.
You may want to consider the capital/funds that you want to use to follow this signal.
When your balance is $1,000, and one month's profit is 20%, then you get $200 profit, You pay MQL5 $65 + VPS $15 = $80 You get to keep $120
When your balance is $2,000, and one month's profit is 20%, then you get $400 profit, You pay MQL5 $65 + VPS $15 = $80 You get to keep $320
When your balance is $5,000, and one month's profit is 20%, then you get $1000 profit, You pay MQL5 $65 + VPS $15 = $80 You get to keep $920
If you have a relatively small deposit, my account is available for copying through the fxblue broker under the name "playbox". No subscription fees, no need for a VPS, but there is a 30% fee of profit. The minimum deposit to follow is $500.
As a welcome bonus, your first-month fee will be refunded to you up to $50 when you introduce two people that is $25 per sign-up through you. Contact Admin on telegram (check my profile for my telegram)
H4 Trigger 11:00 GMT Candle.
Opening 180 Minutes to the close of the H4 candle and
Closing all positions at 45 minutes to Close the H4 candle.
Money Management Rule:
Lot size used to determine how much risk to be held per trading session.
Risk
3.00 % Risk on $500 with Total Stop Loss of 50 pips = $15 Loss
Open Positions 1 Trade to Stop Loss of 50 pips
Open Positions of 2 Trades to Stop Loss of 50 pips each
Open Positions of 3 Trades to Stop Loss of 50 pips each
Take Profit Method use of Basket Close All Trade Positions at 45 minutes to the H4 Candle that begins at 11:00 GMT.
We may get up to 2 % to 3 % with each trading pair.
Account Balance of $500
Reward: Total Take Profit of 50 pips = +$15 per Trade.
Risk: 3.0% Risk with 50 SL pips 0.04 Lot size = -$15 per Trade
Login: 7724812
Investors Password: UAT9zBOs
Server: JustForex-Demo
The signal price is $65.
You should know that when you pay $65, there will be a 20% fee for mql5, and I will receive $50 as there is a 2% fee for withdrawing money from mql5.
Meaning MQL5 will pay out 78% of the $65 charge = $50 to the Signal Service provider.
You may want to consider the capital/funds that you want to use to follow this signal.
When your balance is $1,000, and one month's profit is 20%, then you get $200 profit, You pay MQL5 $65 + VPS $15 = $80 You get to keep $120
When your balance is $2,000, and one month's profit is 20%, then you get $400 profit, You pay MQL5 $65 + VPS $15 = $80 You get to keep $320
When your balance is $5,000, and one month's profit is 20%, then you get $1000 profit, You pay MQL5 $65 + VPS $15 = $80 You get to keep $920
If you have a relatively small deposit, my account is available for copying through the fxblue broker under the name "playbox". No subscription fees, no need for a VPS, but there is a 30% fee of profit. The minimum deposit to follow is $500.
As a welcome bonus, your first-month fee will be refunded to you up to $50 when you introduce two people that is $25 per sign-up through you. Contact Admin on telegram (check my profile for my telegram)
Olori Irene
60 minutes later.
Now the trades are moving in our favor.
All stop-loss has been moved to -30 pips thereby reducing our risk to less than 15% and our Reward currently starts at 64%.
Trades are in Profit and our Take Profit will be set at M30 FE 100.0 once hit we will move the open trade to breakeven + 5 Pips and allow the trade to run to MR3
Let us wait and see how the market will play out.
Now the trades are moving in our favor.
All stop-loss has been moved to -30 pips thereby reducing our risk to less than 15% and our Reward currently starts at 64%.
Trades are in Profit and our Take Profit will be set at M30 FE 100.0 once hit we will move the open trade to breakeven + 5 Pips and allow the trade to run to MR3
Let us wait and see how the market will play out.
Olori Irene
Trades are in Profit and our Take Profit will be set at M30 FE 100.0 once hit we will move the open trade to breakeven + 5 Pips and allow the trade to run to MR3
Olori Irene
We got stop out at 1:00% Roi (breakeven +3pips)
Day 1 Second Trade
Start time: 20.06.30. 17.06
0.40 Lot size for GBPCAD.m with 40 SL pips and 30.0% Risk
Signal M240FE M30FR FIBO 100:0 + Fibo 50.0 = Perfect (5 stars)
Signal M240FE100.0 + M30FE261.8 = Perfect (4 Stars)
Signal M240FE M30FR FIBO 100:0 + MS2 = Near Perfect (3 Stars)
( multiple entries and multiple exits).
Buy Entry 1 @ 1.71186 Take Profit set at MR1
Buy Entry 2 @ 1.71148 Take Profit set at R1
Buy Entry 3 @ 1.70940 Take Profit set at MR2
3O MINUTES LATER WE ARE IN PROFIT.
Day 1 Second Trade
Start time: 20.06.30. 17.06
0.40 Lot size for GBPCAD.m with 40 SL pips and 30.0% Risk
Signal M240FE M30FR FIBO 100:0 + Fibo 50.0 = Perfect (5 stars)
Signal M240FE100.0 + M30FE261.8 = Perfect (4 Stars)
Signal M240FE M30FR FIBO 100:0 + MS2 = Near Perfect (3 Stars)
( multiple entries and multiple exits).
Buy Entry 1 @ 1.71186 Take Profit set at MR1
Buy Entry 2 @ 1.71148 Take Profit set at R1
Buy Entry 3 @ 1.70940 Take Profit set at MR2
3O MINUTES LATER WE ARE IN PROFIT.
Olori Irene
DAY 1
Start time: 20.06.30.10:46
Signal M240FE M30FR FIBO 100:0 + Fibo 50.0 = Perfect
0.25 Lot size for GBPCA+D.m with 50 SL pips and 20.0% Risk
Take Profit @ 1.7240 (+93 pips = +$193)
Buy Entry @ 1.7143
Sttop loss @ 1.7100 (-40 pips =-$88.0 )
Trade moved +27 pips within the hour and by 11:00 we moved to Stop loss to breakeven + 3 pips to allow the trade to ride to Take Profit MR3 @ 1.72400
Now the trade is risk free.
Start time: 20.06.30.10:46
Signal M240FE M30FR FIBO 100:0 + Fibo 50.0 = Perfect
0.25 Lot size for GBPCA+D.m with 50 SL pips and 20.0% Risk
Take Profit @ 1.7240 (+93 pips = +$193)
Buy Entry @ 1.7143
Sttop loss @ 1.7100 (-40 pips =-$88.0 )
Trade moved +27 pips within the hour and by 11:00 we moved to Stop loss to breakeven + 3 pips to allow the trade to ride to Take Profit MR3 @ 1.72400
Now the trade is risk free.
Olori Irene
It has not been easy trading Forex. How can you trade Forex and be profitable?
I agree with you. the best way to trade Forex and be profitable is to come out of isolation and join with like minds and more experienced traders who have seen more volatility and have experienced similar situations to help you in this troubled time.
Your Money Management and Trade management skills to be top-notch. You must have a Trading Plan and must follow through with your plan before placing any trade to avoid a drawdown situation that will give you emotional stress.
Increase your learning and knowledge of chart patterns, candlesticks patterns, and formations, Learn how to use proper stop-loss and Take Profit. The more you learn the more you will have the confidence to trade while you keep calm and follow your Trading Plan.
As a Golden Rule; No adding to losing positions, No Revenge Trades, No Martingale, No Grid, ONLY Snipper Entries, and Tight Stop Loss. (you must expect and accept losses) ONLY enter when you have all confirmation and avoid trading too many pairs at the same time. Choose the pairs you are most comfortable with and remember to check the Economic Calendar to know if there is going to be high-impacting News. If Yes; wait until after the news if you must trade otherwise stay away from the market at such times.
Another way is to join Trade copier services, this is a little tricky because you will have to be careful to select the best if the best to copy their trades.
Wishing you the best of luck.
I agree with you. the best way to trade Forex and be profitable is to come out of isolation and join with like minds and more experienced traders who have seen more volatility and have experienced similar situations to help you in this troubled time.
Your Money Management and Trade management skills to be top-notch. You must have a Trading Plan and must follow through with your plan before placing any trade to avoid a drawdown situation that will give you emotional stress.
Increase your learning and knowledge of chart patterns, candlesticks patterns, and formations, Learn how to use proper stop-loss and Take Profit. The more you learn the more you will have the confidence to trade while you keep calm and follow your Trading Plan.
As a Golden Rule; No adding to losing positions, No Revenge Trades, No Martingale, No Grid, ONLY Snipper Entries, and Tight Stop Loss. (you must expect and accept losses) ONLY enter when you have all confirmation and avoid trading too many pairs at the same time. Choose the pairs you are most comfortable with and remember to check the Economic Calendar to know if there is going to be high-impacting News. If Yes; wait until after the news if you must trade otherwise stay away from the market at such times.
Another way is to join Trade copier services, this is a little tricky because you will have to be careful to select the best if the best to copy their trades.
Wishing you the best of luck.