My Dream Strategy

[rhanemyoussef]

I started forex trading 2 years ago and since then i was looking for my own strategy to follow ofcorse i failed many times but few weeks ago i made a combination of indicators and build a new strategy in the next lines i will mention the indicators & strategy + an example, but to be honest with you my main target is to discuss this strategy with each other and we can make it together better and better and then my dream strategy comes true.
- indicators used
1- Ichimuku (view mainly on : D1 , other time frames are optional).
2- RSI(14,9,5).
3- Parabolic Sar(0.01,0.1) settings.

-Strategy
i use the ichimuku indicator to know the current trend of the pair in case of up trend then tenkansen > kijunsen, chinkuspan > price, all previous lines are above kumo cloud.


now if all the above conditions are met for any pair then we will enter only buy trades and whatever happens never enter sell trade .
ok now open M30 TF and look for any trend or any price pattern and wait until buy pattern formed and verify using RSI where RSI(5)>RSI(9)>RSI(14) then immediatley enter buy trade and use Psar to set take profit

here i attach example for sell trade on USDCAD today 27/4/2012

[Joseph Andrews]

I never used the first indicator and the second one is known as a good one. But I didn't understand what's the main theory of this strategy. Is that combination of the two indicators or something different? I need detailed explanation to know it completely.

[rhanemyoussef]

This strategy is okay with all the fancy indicators that are here and stuff, but after while you will get bored and tired and wanna try doing things different so you will have a challenge in doing things harder. Then that is when price action comes to play hehe...indicators just guide you :->

[FxNaija]

If this strategy of yours is correctly done in forex trading business, it can yield you profits. Strategies are only going to work correctly for a forex trader is all the parameters are set correctly by the forex trader himself.

[sharabela]

It really seems a good strategy. I would love to apply this strategy on my demo account. I am sure it will bring me some good result and good amount of profit. I am really looking forward to it.

[asish]

it is really good for see the pages. but in the platform what are the success rate are you discuss for that. i hope you are very helpful and you can make some good strategy thank you for your consigderation

[joker-69]

Your strategy is very nice but it is still very difficult to understand how to use it on can you please tell much the beginning of what material should I mastered first

[wafaa]

Hello
This strategy seems really very helpful profitable and I also think it is possible to produce bumper profit .. I myself would love to try it first on account placebo instead of the real ... On Thbyl experience .. If success and profit Atabgaha in the real account ..
Thank you

[gkintl]

Nice to know that you have successfully developed a strategy. However, to claim total success, do try to implement the same in a demo account for atleast two months time. If you win atleast 9 out of 10 times, then the strategy is really successful. Most strategies fail within two months or so as the market is continuously changing or evolving. Pls., let me know once you succeed for more than two months.

[zakirfx001]

I think forex is my dream strategy because forex gives me many oppercunit's too such as free trading before join the forex and gives a please for working and i can earn money by forex company.