Tradingsystem
😎 Steps for building your own Trading System 😎Today I wanna said to you some steps for building your own trading system💪🏻
⭐ Step 1 - Explore Everything Created Before You
📌Analyzed markets
📌Methodology used
📌Depth of detail
It's possible, that you don'tneed a trading system, and you'll engage in discretionary trading, that is, trading by intuition.
⭐ Step 2 - Find Your Regularity
In order to create your successful trading system, you must know something about the market that others do not know.
Decide on the type of market in which you will work and the trading style.
⭐ Step 3 - Formulate Your Strategy
A profitable strategy, as a rule, is based on some idea, observation, a subtle market pattern, which is repeated often enough to be used in trade.
⭐ Step 4 - Test Your Strategy
Testing should be as correct as possible, objective and not leave a field of activity for speculation and illusion.
Don't forget about self - evolve and don't be afraid to analyze your mistakes. All of this will definitely lead you to success! 💪🏻💪🏻
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Your Rocket Bomb🚀💣
Below you may read about trading plan 👇🏻👇🏻👇🏻
BITCOIN- BUY open in profitBUY indicated to us last week from our strategy, take profit target for this trade is 10466.200...,. lets see
US30! BUY in play- currently running in profitUS30 currently in a buy running in profit! target is 24798.500
OIL- great BUY here from last week!TP HIT here, +3% account gain here using the buy and sell strategy script with a 1:3 RR
USDCAD Long - Price Action Strategy IndicatorOur price action indicator shows us a long trade on USDCAD. It is advisable to place a buy limit on entry 1, or enter now (TP1) and use entry 2 as an SL.
However, we expect a bullish movement
GBPJPY- TP3 HIT this morning followed by a stop loss soon after!GBPJPY- our BUY from last week hitting our TP achieving an account gain of 3%! this morning we indicated a SELL which then hit SL! total gain today = 2%
BITCOIN! HUGE SELL caught here!!!SELL on saturday indicated here on bitcoin! little to NO draw down on this pair, TP hit quick
CHFJPY- TP3 HIT! +3% ACCOUNT GAIN CHFJPY- BUY valid from last week! TP hit today, total account gain of 3%.
EURJPY- TP3 HIT TODAY! +3% GAINEURJPY, BUY indicated to us last week, TP3 hit today meaning a total account gain of 3%
EURNZD- total GAIN OF 5% last week!based on the 1:3 RR we use, EURNZD would have achieved a total gain of 5% last week following our strategy with the SL&TP provided!
first trade- we have a SELL on market opening, this hit our TP meaning an account gain of 3%
second trade- we have our BUY, this hit our SL meaning a loss of 1%
third trade- we have our final SELL for the week which hit TP, achieving an account gain of 3%
TOTAL GAIN +5%!
