[PURCHASED + GET] Caroline Ayuk - Forex Trading: Proven FOREX Trading Money Making Strategy - Just 15 Minutes-a-Day

***MBCL65AMG*** · 08-29-2021, 06:43 AM

Today is Saturday, August 28, 2021.

On the GBPUSD chart in D1, the last opportunity was on Wednesday, August 11, 2021.

TAKING A POSITION

We take a sell position on Wednesday, August 11:

[Entry point] 1.38359 at the opening of the August 11 candle

[Stop loss] 1.39576 at 120 pips (last fractal)

[Exit] 1.36557 at + 180 pips (stop loss of 120 pips x 1.5)

RESULT

We close the trade on Thursday 19 August 2021.

We gain + 180 pips in 8 days.

CONCLUSION

This method is probably effective for those who do not want to take too much risk or waste too much time behind the screen. Stress is now a thing of the past.

In only 15 minutes per day, the signal is found and the trade is launched.

For this example, 8 days later, we gain 180 pips.

The most important condition to respect in order to "guarantee" your chances of success is to respect the entry and exit rules to the letter.

There is no room for chance and random decisions.

You follow the plan as it is presented and... you go to the cashier!

[Automatic translation, sorry for any mistakes]

***dsepshun*** · 08-29-2021, 11:25 PM

Thanks so much for your insight @MBCL65AMG

I've now managed to backtest the strategy quite thoroughly myself and I can see it should definitely put you in profit if you stick to the rules.

Going to continue demo trading for a few weeks, I will be posting my signals and results in the TG group that was setup.

Shouldn't be too long before I'm able to switch to a live account! Thanks so much to @sunnyillion for sharing this, really appreciate it.

(08-29-2021 06:43 AM)MBCL65AMG Wrote:
Today is Saturday, August 28, 2021.

On the GBPUSD chart in D1, the last opportunity was on Wednesday, August 11, 2021.

TAKING A POSITION

We take a sell position on Wednesday, August 11:

[Entry point] 1.38359 at the opening of the August 11 candle

[Stop loss] 1.39576 at 120 pips (last fractal)

[Exit] 1.36557 at + 180 pips (stop loss of 120 pips x 1.5)

RESULT

We close the trade on Thursday 19 August 2021.

We gain + 180 pips in 8 days.

CONCLUSION

This method is probably effective for those who do not want to take too much risk or waste too much time behind the screen. Stress is now a thing of the past.

In only 15 minutes per day, the signal is found and the trade is launched.

For this example, 8 days later, we gain 180 pips.

The most important condition to respect in order to "guarantee" your chances of success is to respect the entry and exit rules to the letter.

There is no room for chance and random decisions.

You follow the plan as it is presented and... you go to the cashier!

[Automatic translation, sorry for any mistakes]

***MBCL65AMG*** · 08-30-2021, 02:26 AM

I could be wrong (you have to check for yourself) but it seems to me that the Kindle version on Amazon.com costs $10.31 while I can get this same Kindle book "free" on Amazon.fr thanks to the "borrow" feature of my Kindle subscription (Kindle Unlimited at your place).

(Maybe if you have the US version of Unlimited subscription, you can get it "free" too?).

I'm pretty confident about the strategy presented in this book.

So I made the decision to buy the two books by Caroline Ayuk available on Amazon (in paperback format).

I will receive these two books by the middle of next week (Wednesday if all goes well).

I don't know yet how I'm going to translate these books but I'll get there.

Can't wait to discover all this and implement the strategy on my new demo account opened for this occasion.

*

I have a little trouble with acronyms in English. TG stands for Telegram?

Is this a Telegram account to publish our signals?
Who owns this account?
Who can register?
Who is allowed to publish on this account?

It would be interesting to share our signals to see if we come to the same conclusions and results.

Anyway, I'm going to spend some time on this strategy.

I will try to keep a trading journal.

It will contain potential signals that should be followed or not.

This will allow me to have a global view of the potential of this method.

We'll see!

***dsepshun*** · 08-30-2021, 06:57 AM

Yes you were right, TG link is below @MBCL65AMG

At the moment only two of us seem to be active in the group, there are only 4 in total in the group at the moment though.

I have just posted my signals in the group for today (market about to open in a minute).

Please join, anyone is allowed to post.

(12-01-2020 07:42 AM)h4ma Wrote: Tg link

of course we will discuss only this strategie .. at the begining if anyone find a hard point we can discuss it .. share possible setups and opinions .. after making trades with it , we can develop it if anyone has suggestions

***MBCL65AMG*** · 08-30-2021, 07:22 AM

It is Sunday August 29, 2021 and I have just launched two trades according to the method proposed in this thread:

>>> Buy AUDUSD in 0.10 (S/L: 0.71061 - T/P: 0.76100)

>>> Buy GBPUSD in 0.15 (S/L: 1.36022 - T/P: 1.39770)

Demo account: $10,000

Risk per trade: 2%.

Did I make a mistake in detecting the signals?
Does the method really work?

We'll see in a few days...

***dsepshun*** · 08-30-2021, 07:59 AM

Unless my interpretation of the book is wrong, none of the below should have been buy signals.

For GBPUSD, the last candle (from Friday) is on a downtrend according to OSMA indicator, therefore this is not a trigger for a buy. Also the low of the candle is not above the Moving Average.

For AUDUSD the low of the last candle is not above the Moving Average either.

My two buys for today were GBPJPY and EURJPY as I think these (candles from Friday) meet all the criteria, what do you think?

(08-30-2021 07:22 AM)MBCL65AMG Wrote:
It is Sunday August 29, 2021 and I have just launched two trades according to the method proposed in this thread:

>>> Buy AUDUSD in 0.10 (S/L: 0.71061 - T/P: 0.76100)

>>> Buy GBPUSD in 0.15 (S/L: 1.36022 - T/P: 1.39770)

Demo account: $10,000

Risk per trade: 2%.

Did I make a mistake in detecting the signals?
Does the method really work?

We'll see in a few days...

***MBCL65AMG*** · 08-30-2021, 08:30 AM

GBPUSD

Friday, August 27, 2021:

>>> The bottom of the candle is not above the MM10 (it must be).
>>> MM8 is above MM10 (it is OK).
>>> OsMA is positive (it is OK).

Verdict:

I have to wait for two things:

>>> I have to wait until the bottom of the candle is above the MM10.
>>> I have to wait until the close of the setup candle is 60 pips or less from the MM8 (it is 64 pips for this candle).

What to do: Wait for the next candle.

Monday, August 30, 2021:

>>> The bottom of the candle is above the MM10 (it is OK).
>>> The MM8 is above the MM10 (it is OK).
>>> OsMA is positive (it is OK).

>>> The opening of the setup candle is 60 pips or less from the MM8 (today's opening candle is less than 60 pips)(that's OK).

QUESTION: Should I wait for the close of this Monday's candle or can I jump in as soon as it opens?

Verdict:

All the rules are positive, I'm entering the market.

This is my approach and analysis.
I may have made some mistakes in my assessment, I don't know.
That's why I'm doing my tests on a demo account.

***MBCL65AMG*** · 08-30-2021, 08:38 AM

(08-30-2021 07:59 AM)dsepshun Wrote: My two buys for today were GBPJPY and EURJPY as I think these (candles from Friday) meet all the criteria, what do you think?

I agree with your analysis regarding GBPJPY, there is indeed a buy signal for today.

However, as far as EURJPY is concerned, the signal was already given on Wednesday, August 25. It was necessary to buy... at that time.

I am not entering a trade that is already in progress. I prefer to wait for the next signal.

According to my analysis, the T/P of the signal given on August 25 is located around 130.418

I hope you could understand my reasoning. However, I know that I could be wrong.

***dsepshun*** · (This post was last modified: 08-30-2021 07:28 PM by dsepshun.)

According to the book, always wait for the close of the candle.

(08-30-2021 08:30 AM)MBCL65AMG Wrote: QUESTION: Should I wait for the close of this Monday's candle or can I jump in as soon as it opens?

***dsepshun*** · 08-30-2021, 08:07 PM

Hi mate, yes you're right ideally I should have got in on the EURJPY last Wednesday, however I only started demo trading this strategy on Thursday.

Like you as I'm only testing with a demo account at the moment, I thought I would get in on the trade as it was still a valid signal according to the rules.

From some backtesting I have seen multiple signal candles on the same trend/wave and majority of the times even the secondary candles result in a win. I will keep you posted...

(08-30-2021 08:38 AM)MBCL65AMG Wrote:

(08-30-2021 07:59 AM)dsepshun Wrote: My two buys for today were GBPJPY and EURJPY as I think these (candles from Friday) meet all the criteria, what do you think?

I agree with your analysis regarding GBPJPY, there is indeed a buy signal for today.

However, as far as EURJPY is concerned, the signal was already given on Wednesday, August 25. It was necessary to buy... at that time.

I am not entering a trade that is already in progress. I prefer to wait for the next signal.

According to my analysis, the T/P of the signal given on August 25 is located around 130.418

I hope you could understand my reasoning. However, I know that I could be wrong.