Ghafari Trend Trading System

I have found this interesting method of trading and I tried it with real and virtual money there are more percentage that you profit form this method. It is called "Ghafari Trend Trading System"

Warning - Spread

Last night when I was trading. I was following my 1H Tunnel strategy. It turned out that one pair of currency (GBPDKK) matched the strategy pattern. I went short. Just right after I clicked sell, it showed on the profit column -767 point. I mean, if I followed the strategy I would only get maximum 377 pips. So I had to accept as a loss.

You have to be careful of the spread when you're trading. Small spread is easier to trade.

How To - Vegas 1 Hour Tunnel

Set Up

1. Open 1 hour chart on any kind of currency pair (Bar chart or candlesticks).
2. Insert the following
• a 169 period EMA (Exponential moving everage)
• a 144 period EMA
• a 12 period EMA

Enter

The 144 and 169 EMA will create tunnel, when the 12 EMA go through the tunnel and breaks above you go long, if it goes down short.

Exit

1. When it reach 34 or 55 you take a partial profit then when it reaches 89, 144, 233, 377 you exit the trade.
2. When it the 12 EMA goes back to the tunnel you exit the trade.

Vegas H1 Tunnel Problem

One thing that I lean from trading is BRAINS ARE NOT THE TICKET TO WEALTH IN TRADING.

DISCIPLINE IS THE KEY TO WEALTH IN TRADING.

I thought that the trend would go down because of the Yellow line is going down and the graph is going through the tunnel. I was WRONG then the market was bulling I have to treat it as a loss for 100 pips. 

Obsession

I can't get Forex out of my head today. I was so obsessed. I couldn't concentrate on work.

Vegas 1H Tunnel - Review

I got USD 2.87 left on my account. Since I got the know this strategy "Vegas 1H Tunnel" I think that it make my trade easier.

I maxed my leverage to 1:2000 then start using this strategy with my only real money that I have left. I made USD 1.44 last night. 

And I tried a bit more time to day when the graph was matched to the condition. It works all the time.

You just have to be patient to the number you see. Once it getting negative don't just yet close the trade wait a bit more and only close the trade at, at least, 55, 89, 144, 233, 377. I think for me 233 is quite right for me so 377 is kind of difficult to reach.

I am always anxious when trading and that the number is not going the way... I just have be more patient...

Vegas Tunnel 1H

I found this interesting document on the internet and I think everyone deserved to know it: 1 Hour Tunnel Method 

It seems to be a good strategy. I tried it last night with real money I made 144 pips. And this morning USDCHF seemed to match the condition and I go short. I will see if I make any profit out of it.

ICWR Problem

Today was trading all day long but it wasn't a successful story. I was not sure about was the ICWR manual instruct to find 40 pips. I'm not sure that I should be 1.51245 - 1.51205 = 40 pips as the real system shows 5 floating point. But according to the manual it should be 4 floating point 1.5124 - 15084 = 40 pips.

I have tried both the result is fail.

Apply Strategy (ICWR)

This morning, when I woke up Forex market was already open. I look at the graph, it wasn't what I was expected -- the graph was spike up so I could not use ICWR that I prepared from last night.

I put Fibonacci 0.000, 0.250, 0.382, 0.618, 0.750 and 1.000 again at the height point and low point differ at least 40 pips. I found that GBPUSD was match the rule, then I entered the trade at 1.50835. The swing of the fluctuation is quite strong that I couldn't put the stop point at 50 point above the enter point. I put it just above 0.250 line. I think the other difficult thing is the Space is 20 pips.

Forex Market Hours

Forex Lesson

I found this interesting interacting video training: http://www.avafx.com/MediaForex/
It is good for newbies.

Trading Strategy

I came to Koh Samui (Samui Island) for a short holiday. I tried to trad again on Friday. It didn't work out for me at all. As of now I have $2.78 left on my account.

It is really relax here. I googled for trading technique and I found this Trading Strategy manual from AvaFX.com. It shows how to trade for short and long term. I think when I'm going back to Bangkok. I will try with virtual money first then the real one.

Lesson Learn

I started to trade on Forex. I thought it would be very easy to do. I deposited around $100 and I lost them all. I deposit another $33. Hopefully I will get the all the money lost back.