Re: Simple Trading System

84
Nabs wrote: Wed Sep 03, 2025 9:09 pm Thanks firesword for this system. Can you please confirm if it performs better on forex pairs than on commodities and indices?
Hello Nabs.

I trade currencies only and I can vouch for the system's validity .
Commodities and indices , that you will have to test yourself as I don't trade any other instruments.
I don't trade Gold or cryptos either.
I hope that helps.

God bless.
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Re: Simple Trading System

87
Nabs wrote: Wed Sep 03, 2025 9:09 pm Thanks firesword for this system. Can you please confirm if it performs better on forex pairs than on commodities and indices?
I already explained what to expect even though I didn't take even one trade yet using this system. There is a logic in everything. See the weekly chart for the asset you want to trade. If the weekly bars are overlapping recently due to ranging market or consolidation, there is higher probability to expect significant reaction from the weekly boundaries. In opposite, if the weekly chart is trending, do not use this system, most likely there will be break out or break down from the 2 week limits instead of reversal. I don't see that an index in general is not trending. So, mostly use it on currency pairs (only when they don't trend).
This is the main consideration to use this system on any given asset or not, just check the weekly chart first to see the current state of the market at HTF.
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Re: Simple Trading System

89
AUDCAD setting up.
Keep an eye on it.
It did break the highs of 3 weeks back so be aware of it's tendency to move higher.
You can see the price bouncing off of 62.5% level twice last week and once this week.
Target 50% at least or be bold and go for 62.5%.
AUDCAD is not a great pip mover , so 40 -50 pips max I reckon.
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