my name is David, I am 23, I am from Czech Republic and I work as Quality Controller.
I decided to make new profitable system, because my intraday EUR/USD strategy dissapointed me a little bit after it made new record of losing trades drowdown (22).
I want see, if I am able to make better equity curve with less losing trades. So let's go!!!
DMS system - RULES
1. I trade Tuesday to Friday.
2. I trade from 9 to 13 and from 15 to 17 o'clock GMT+1 (depends on my work shift).
3. I trade 1 hour chart.
4. I trade only LONG.
5. STOP LOSS is 200$ - TARGET PROFIT is 400$.
DMS system - TRADING RULES
1. PRICE should open and keep above DAILY PIVOT.
2. PRICE should make ENGULFING candle on DAILY PIVOT.
3. STOP LOSS is DAILY PIVOT - TARGET PROFIT is around R2 and here it should be 2:1 PROFIT FACTOR.
4. H1 chart should rise, if not and H1 chart is in some range, I watch H4 and D1 chart and if it's raising, I enter trade too (this rule is very conservative, I just don't enter against big fall).
MAIN GOALS -
1. Make 50 trades.
2. Get least amount of losses.
Here is first example and I will add more latter with equity curve after last trade.
This one is from 28.2. 2018.
TRADING RULES -
1. PRICE should open and keep above DAILY PIVOT.
2. PRICE should make ENGULFING candle on DAILY PIVOT.
3. STOP LOSS is DAILY PIVOT - TARGET PROFIT is around R2 and here it should be 2:1 PROFIT FACTOR.
4. H1 chart should rise, if not and H1 chart is in some range, I watch H4 and D1 chart and if it's raising, I enter trade too (this rule is very conservative, I just don't enter against big fall).