Trading Methods

Over the years we have researched the market and have finally been able to develop an algorithm (developed especially for both very active Trend Day Trading and more Conservative long term trading) using a multiple step approach to trading the Trend in the Forex market, where the position constantly can be adjusted by changing to another Trade Pattern that suits the markets behavior better here and now.

TrendProphecy FX is working with five trade Patterns where each trade pattern has a different risk pattern:

Five distinct Trade Patterns:

The Trade Patterns can be used either in combination or by using just a single one by itself, which is the more traditional way of trading.

The Combination (change Trade Pattern Method) - a Unique Trading method developed for TrendProphecy FX:

After a trade has been entered - one of two thing happens:

1) The position makes a profit of a certain size and the trader takes profit by following a personal trading exit strategy.

2) The market goes against the position. That is where the special trading Method proves to be very helpful.

Start looking at the Trade Pattern next to the current and eventual find a different change of Trend Point. If that does not produce a result which is useful, go either further towards Conservative or Scalping to find a trade pattern which is in sync with the current position. Also use the combined info regarding the other trading patterns to decide what action to take.

See the Real Trade Example for further explanation.

Typically during the early part of the trading day and week the trading advices are called more often, as the Algorithm 'only' have old (former days data) to work on.

As the day and week progress and the TrendProphecy FX algorithm 'learn' about the current day and week's trading Trends, the trades normally becomes fewer over the day which is a proof of how well the Algorithm adapts to the new conditions.