NEW RECORD
During this week there have been 40 successful DIAD trades – A NEW RECORD!!
Please note we are supplying the successful deals as a service and for educational purposes to show users of the DIAD EA when and where these successful deals are most likely to occur. To do this we run the EA continuously and ignore the many break-even and unsuccessful deals as these are of no educational value.
Many traders think they have to use there whole Forex account to do Double in a Day trades. If you have a $ 5 000 account you can for instance only use $ 2 000 for double in a day trades. Also many traders think that they MUST go for 100% gains. You can choose the gains you want to go for.
Use this link to see the actual DIAD EA settings to produce these results FOREX SETTINGS
The GBPJPY is the most successful currency so far – it is a good currency to trade as the spread is reasonable and it has good volatility. Volatility can be enhanced the fact that the JPY is mainly traded in the Asian session and the GBP in the UK and US sessions. This it a factor that produces higher ranging candles.
If you have not bought this great Forex Trading tool that helps you add additional lots to your trades on a risk free basis use this link for more info: DIAD FOREX TOOL
PLEASE NOTE: All of the trades could be entered using pending orders. This means you only need to look at the charts 2 or 3 times a day for a few minutes to identify potential transactions and enter pending areas in for the potential entries
Most successful deals are identified using Channel trading. Click here for a FREE Channel trading course CHANNELS
This week are following a slightly different approach and we are showing you most of the successful trades on the actual trading charts with no analysis. The purpose of this is for you to evaluate whether you would have caught these trades using your own trading techniques.
50 % Gain using a 60 pip Target
The GBP generated 6 successful trades using this technique
70% gain using 85 pips
4 successful GBPJPY trades
100% Gain with a 100 pip target
2 successful EURJPY trades
100% Gain with a 130 pip target
2 AUDUSD Trades
use daily and weekly S/R levels for the trades. Then it don’t matter the time frame.
I do agree, there should be a lot of losing trades as well. I lost on CAD twice last week thinking price would reverse 70 pips. Lesson learned, stay in the trend.
Don’t hold your breath too long – it is unlikely that this will become a PAMM offering.
The time frame is irrelevant. We just use what displays well. The EA works on price levels that occur on every time frame.
And the last one indicating a missed trade looks like H1 (2 AUDUSD Trades).
You need to check several time frames per instrument first. The second graph from the top seems to show M30 for example (4 successful GBPJPY trades).
Thanks Alex, this review process is very useful!
When will the pamm with talinex for this approach be traded by sir Alex Du Ploy..
I can’t wait any longer for it to come! !
I would appreciate it if you said if this is a report of just the successful trades out of continuous re-entry trading approach…. and even if not it would be just as instructive to know about failed trades… thanks
Yes timeframe please and also it say succesfull trades it will be intresting to also see all trades that did fail, because there must been some ? I think that will also be good for learning perpouse.
Best regards and Thanks
why you don’t show wich time frame ??????