Sth That Is Certain - Or Highly Probable In Forex, Is there any ?

[FxLuke]

I have been looking at the charts to see somekind of a pattern.....

....fixed move at given time ...

but what I have only found

was on http://www.strategybuilderfx.com/forum

concerning Grid technique

At 00:00 GMT, open 1 short and 1 long of EUR/USD. Have a target of 9pips on both. The strategy says in most cases both the orders will be closed the same day(backtesting done for over a period of 10years). I was 100% successful from my experience so far of about 3 days.

With a LIMIT (TAKE PROFIT) of 9 pips and backtesting of 10 years, here are the stats according to the thread at strategybuilderfx.
BUY orders were successful 92.2% of the time (3987 out of 4326 closed in profit)
SELL orders were successful 91.4% of the time (3956 out of 4326 closed in profit)
In both BUY and SELL orders there was less than 1% risk of neither being closed on a given day.

More info here:
http://www.strategybuilderfx.com/for...ad.php?t=16093

Do you know and would like to share with us

any pattern that works or is highly probable

Getting into trade in a certain time and so on and so forth

Thank you in advance for your replies

Luke

[davidnard]

What was your maximum drawdown? Or actually, sine its 10 years backtested, what was the average drawdown?

[davidnard]

Sorry, it's late. I didn't realize that grey area was a quote. Ill post my question again on the proper thead

[FxLuke]

as far as I am concerned when I go into trade on 0:00 GMT with Buy and sell EUR/USD and I did it for 4 days and each and every time was successfull - I will test it for the following week and start investing real money - but be carefull guys it is highly probable - around 85% of accuracy but it isn't 100% though

[mrbrint]

nothing is 100%

[FxLuke]

yes I know - nothing is easy and simple......hmmm pity

- my another observation for 4 days trading this rule: around 0:00 GMT go into trade taking trend into account - it should be the same next day - so as far as my demo tradings based on current trend at 0:00 GMT and TP about 14 - 18 pips - every trade was in profit. check this out - I will post my future scores

[FxLuke]

Another method that I test for over two weeks now

and it is the most successful for me

I use %R williams oscillator only

so I enter a trade when the tip of the diagram is near 100 or 0 - the perfect points

each and every trade I close in profit = 200-300 pips a day
some of the pairs close in one day but max time that it needed to close was 3 days
apart from that unsuccessful AUDUSD pair - sth wrong with it
it is still open - I think it will recover in sometime

Here is my recent scores - I set 20 pips target on each pair ( with spread - so about 15 -16 profit on majors)
most of my trades I open when the european and american markets are closed
So I place my trades around 11 PM - 0:00 GMT
and the best I think are not major pairs but: USDCAD, AUDJPY, AUDNZD, CADJPY. EURAUD, EURCAD


Wish everyone tons of pips in profit :t:
Luke