No one's mentioned this across several forums so maybe no one knows about it. I call it "The Yang on the Yen." LOL
I've made $1000/day from this concept I stumbled across. I trade XXXYEN. Not one pair but SIX at a time. I don't use GBP as it's slow and behaves odd. I watch them in Demo mode on H4 frames tiled vertically. There will come a time during the day, sometimes twice a day, when they all fall into sync and start trending together. Once that trending is established, I switch to my Live account and open 0.5 lots across all six. Now, sit back, watch and wait.
If you need to verify trend, bring up that pair in a W1 frame.
I started this concept with a $2K acct having 1:300 leverage.
For the naysayers, a challenge. Open the six XXXJPY minus GBP in H4 TF in DEMO. Open orders for 0.01 lot for each. See what happens.
Oh, if you use this concept, you DO need one thing. Google a "Close All Orders" script. It comes in hand when you're ready to close everything.
I've made $1000/day from this concept I stumbled across. I trade XXXYEN. Not one pair but SIX at a time. I don't use GBP as it's slow and behaves odd. I watch them in Demo mode on H4 frames tiled vertically. There will come a time during the day, sometimes twice a day, when they all fall into sync and start trending together. Once that trending is established, I switch to my Live account and open 0.5 lots across all six. Now, sit back, watch and wait.
If you need to verify trend, bring up that pair in a W1 frame.
I started this concept with a $2K acct having 1:300 leverage.
For the naysayers, a challenge. Open the six XXXJPY minus GBP in H4 TF in DEMO. Open orders for 0.01 lot for each. See what happens.
Oh, if you use this concept, you DO need one thing. Google a "Close All Orders" script. It comes in hand when you're ready to close everything.
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