To get a better
understanding of TrendProphecy FX's potential and how to use TrendProphecy FX
we
show part of an actual trading day, April 15 th. 2009 for the Currency Pair
EUR/USD.
The Profit is without deduction of Trading fee. The shown
trading Method
are
only meant as an example that should give inspiration to shape your own trading
strategy to suit your personal trading habits.
This example also illustrates
that everything is not lost even if you get caught in a position and start
loosing money. Just follow the signal and change position with it, and you will
find that almost all the time you will return into a positive trading profit.
By following the Trend Signal closely a very experienced trader should be able
to execute the optimal exit tr ade
almost every time.
There have been two
Long positions
(Cyan Graph), one
Short positions
(Red Graph)
and Alert have been called for five time periods (Yellow Horizontal Line).
The Grid shows the prices which
TrendProphecy FX
use to calculate the Entry and
Alert calls during the day.
Price Color in the Live Price Grid: Cyan means the price is higher than last
time / Red means the price is lower than last time. |
4:38:38 AM The Main Trend Change to Long and a Buy Signal is called @ 1.3230.
The Trend stays 
and the price goes as high as 1.3295 @ 6:41:22 AM before it again starts to go
back up.
During that period it has been possible to take home Max Profit 65 pips.
If an
 Alert
has been called then the warnings are visible on the graphs as horizontal yellow
lines, and are marked with an Asterisk '*' in the Time Field.
|
6:57:48 AM the
is
called @ a price 1.3269.
If the Trader not already has taken a profit - now is the time to Stop.
Aggressive scalp traders can here make the decision to go against the Main Long
Trend and go Short even if the Main Trend still is intact.
The use of the
and
Calls
this way is especially meant for Scalp Traders, as more conservative Traders
should use the
Call
as a stop and only enter a new trade if the Trend Change or re-enter the Main
Trend if the
again is called.
|
7:11:26
AM the Long Trend goes back to a price @ 1.3255.
The Trade Scroll Grid
 is immediately updated like the Active
Display.
This time the price goes as low as 1.3148 @ 9:31:44 AM, a max profit of 111 pips
before the price moves up again and hit 1.3189
@
10:22:48 AM. |
10:22:48 AM
is
called @ 1.3189.
If profit has not been taken already, now it's time to stop.
Again the aggressive Scalp trader can use the signal to go against the Main
Short Trend.
As this example illustrates, going against the Main Trend does not give a huge
profit (7 pips) which is the risk traders are running following this strategy.
One quality the best traders are in posession of is Patience; Remember
you do not need to be in a trade all the time. There will always come a new
trade, and most times it's better to follow the Trend than go against it. |
10:53:24 AM The Short Trend goes back to
@
1.3177 where a new Short Position can be opened.
The market goes down to 1.3161 @ 11:23:00 AM - a Max profit of 16 Pips, and goes
then back up to a new
.. |
12:12:04 PM a new
is
called @ 1.3191.
If no Profit has been take on the last position from 10:53:24 AM, there will be
a loss of max. 14 pips now, and the position should be closed.
The
Call
gives the aggressive Scalp Trader the possibility to go against the Main Short
Trend and go Long. |
12:26:58 PM a new Trend Change to Long is called and
@
1.3208.
The highest price during this Call before a new
is
called again is 1.3235 @ 12:56:54 PM, A Max profit of 27 pips.
|
 The same
pattern as all of the above happens again 1:49:14 PM with a stop @ 1.3196.
An aggressive Scalper can go Short Against the Long Main Trend with a Max Profit
of 12 Pips.
The
last
to 3:21:06 PM where a
is called @ 1.3209.
A
is
again Called 3:30:08 PM @ 1.3196 - a Loss of 13 Pips with only Max Profit 2
Pips.
A
is Called at 3:40:24 PM @ 1.3207 and the
is on for the rest of the day
with a High Price reached 8:58:38 PM @ 1.3267 - A Max Profit of 60 Pips. |