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1. Overview
In my previous publication "How to create your own theory on rate movements" I elaborated on possible strategy by analyzing EUR/USD and GBP/USD pairs movements during specific periods. For analysis 10 year, 2 year and 9 months periods were used. It was very rough estimation on possible entry trades. In this publications I will go deeper in details and present exact formulas for calculation for trades entry points, take profit and stop loss levels.
It should be noted that this strategy is under development and is not suitable to use for real trades.
2. Rate movements levels and duration

3 period max/median/min strategy uses several base points. One set of it are max, min and median pair values over specific period. But also there are other quite important points for determining where to enter trades and with which parameters. In the table below input variables for calculation of trades levels and values are given:
For input to the formula all variables must be calculated based on certain pair chart. Now we will use NZD/USD pair for calculation of all needed variables.
3. Variables for NZD/USD possible trades calculation

First of all we will fetch required variables fr…
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northernwave avatar

I should study this article more throughly during this weekend.

honamkts avatar
honamkts 31 Oct.

NIce friend

Fxtrader500 avatar

Interesting strategy.

rokasltu avatar
rokasltu 31 Oct.

by the way after flirting with stop loss EUR/USD sell trade is in positive area now!

rokasltu avatar
rokasltu 7 Nov.

update for EUR/USD trade - take profit triggered - profit +300 pips. for EUR/USD pair cumulative result +90 pips!

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9/34
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1. OverviewThere are a lot of theories in FOREX market. You can use various indicators, trade signals, copy others trades, etc. But in every such a case you will use some theory, which will be used by many others. Of course it is great job to choose relevant method and apply it during right conditions. But can you create your own theory? This question arises sooner or later after spending some years in FOREX market.2. Movements prediction method descriptionWhen creating theory for predictions some kind of statistical method could be used. I will assume that if some pair is in the middle of its highs and lows (lets assume analyzing only 10 past years) from statistical point of view it is unlikely that during coming 2-3 years such pair will break highs or lows. Of course it is from statistical point of view as in real world different matters could occur and ruin statistical predictions. But there is no 100% accurate predictions in any case.For this analysis monthly charts will be used.Further on from statistical point of view if we will take shorter period lets say 2 years and look at highs and lows for this period and if rate is somewhere in the middle again once again from statisti…
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marius24 avatar
marius24 21 Aug.

a new idea in this article..good job :)

rokasltu avatar
rokasltu 28 Aug.

First test of strategy had a result of >+150 pips, you can check it http://www.dukascopy.com/tradercontest/?action=blog&trader=rokasltu&period=month. Next month I will trade in Trader contest using this strategy!

apsu avatar
apsu 28 Aug.

Good article!

amirjani007 avatar

good one

HOANG_MAI_NHI avatar

helpfull

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