100 trading strategies

veluri1967

Well-Known Member
#1
I have been googling for various strategies/set ups for trading. There are hundreds of such strategies especially in forex trading. No claims on their working in share trading. Its very difficult for one person to compile them and post them here. I request one and all to post any strategy which appealed to them here in this thread. No need to refine them to indian context. Let it be raw in form.

Donot forget to give your strategy a unique name.


The list of 100 trading strategies.

1. Staurt's Advanced Strategy Link http://www.traderji.com/advanced-trading-strategies/35730-100-trading-strategies.html#post387244

2. The Four Week Rule - A Simple One That Gives You Huge Profits Potential By Kelly Price (Based on Richard Dochanian's Theory)http://www.traderji.com/day-trading/35550-vkrs-4hl-intraday-swing-trade-setup-3.html#post386459

3. Fixed Ratio - Money Management Strategy http://www.traderji.com/advanced-trading-strategies/35730-100-trading-strategies.html#post413360

4. 30 Min Breakout Strategy http://www.traderji.com/swing-trading/40202-trading-ranges-2.html#post430099

5. A simple ATR based intraday Method http://www.traderji.com/advanced-trading-strategies/35730-100-trading-strategies-2.html#post441291
 
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veluri1967

Well-Known Member
#2
Re: Staurt's Advanced Forex Strategy

Here is the strategy which appealed me the most.

This method is basically to do with what a pair moved like the previous 24 hour period.

In this, I will use the GBPJPY, but one could use it on any pair.

Method/Strategy:

You choose your own 24 hour period move - here as an example I will be using 21:00 to 21:00 GMT+1 (my local time).

Mark the High, Low and Close for selected 24 hours.

For example, the GBPJPY for the last 24 hours was: H138.67 L136.00 and C138.13
Now total movement was (high-low) 267 pips.
You set your Buy and Sell orders 25% of the 267 total move away from the Close price. Therefore, 25% of 267 pips is 67 pips, thus your orders would be:
BUY at 138.80 (Close + 67 pips)
SELL at 137.46 (Close - 67 pips)

Set your TP also only to 25% of the previous days move - in this case also 67 pips. In theory, if the chosen pair then move only 50% of the previous days total move, you profit ...

Set your SL levels 10 pips away from the opposite order.

I have attached a Spread Sheet with all the formulas. All you need do is put in the High, low and close, and it will give you all the figures ... your buy, sell, take profit and stop loss.

Depending on what time zone you are in, I would suggest setting your orders before "your" market opens ... in my case it would be the London Market at 08:00 GMT.
Let us redefine the strategy in indian context.

Consider High, Low and Close of Today.

Arrive at the range of the day ie High - Low.

Calculate 25% of the range.

Now, Add this 25% figure to the close of today. This gives us buy order for tommorrow.

Now, deduct this 25% figure from the close of today. This gives us sell order for tommorrow.

Simply buy above todays close Sell below todays close at the arrived prices.

Fix 25% of todays range as Profit Targets. Place Stop Loss some points away from opposite order.

Donot forget to place the orders before market opens.
 
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veluri1967

Well-Known Member
#4
Money management is the most important and overlooked subject in trading!

In my opinion, the best money management system for Forex/Futures traders is outlined in great detail in Ryan Jones' book The Trading Game: Playing by the Numbers to Make Millions. In this book, he teaches 'Fixed Ratio' money
management. This method, he argues, will help any trading system as long as it is profitable over time.

This is how to put the fixed ratio money management system into practice:

1. Start with the total number of dollars in your trading account. For example let's say it's 1000 USD.

2. Now pick how many pips profit you need to achieve before you trade with more lots. Let's say 200 pips (10 pips/day for 20 trading days in a month average).

3. Now start trading .1 mini lots (which is profit/loss 1 USD). You would only increase to .2 lots after gaining 200 pips. When you gain 200 more pips profit you would trade .3 lots etc...

4.Here is an example of how fixed ratio trading would work:

Month 1: $1000 + (200 pips x .1 lot = $200 ) Total: $1200

You start with $1000 in your trading account and after 1 month of trading you gain 200 pips profit trading .1 lots. You now have $1200 in your trading account. You are now at the next level. If your account balance falls below $1200 then you will go back to trading .1 lots.

Month 2: $1200 + (200 pips x .2 lots = $400) Total: $1600

You now start month two with $1200 and gain 200 pips profit trading .2 lots. You now have $1600 in your trading account. You are now on the next level. If your account falls below $1600 then you will go back to trading .2 lots.

Month 3: $1600 + (200 pips x .3 lots = $600) Total: $2200

You now start month three with $1600 and gain 200 pips profit trading .3 lots. You now have $2200 in your trading account. You are now on the next level. If your account falls below $2200 then you will go back to trading .3 lots.

Month 4: $2200 + (200 pips x .4 lots = $800) Total: $3000
You now start month four with $2200 and gain 200 pips profit trading .4 lots. You now have $3000 in your trading account. You are now on the next level. If your account falls below $3000 then you will go back to trading .4 lots.

Month 5: $3000 + (200 pips x .5 lots = $1000) Total: $4000

You now start month four with $3000 and gain 200 pips profit trading .5 lots. You now have $4000 in your trading account. You are now on the next level. If your account falls below $4000 then you will go back to trading .5 lots.

RESULTS:

Month 6: $4000 + (200 pips x .6 lots = $1200) Total: $5200
Month 7: $5200 + (200 pips x .7 lots = $1400) Total: $6600
Month 8: $6600 + (200 pips x .8 lots = $1600) Total: $8200
Month 9: $8200 + (200 pips x .9 lots = $1800) Total: $10000
Month 10:$10,000 + (200 pips x 1 lot = $2000) Total: $12000

Notice that gaining an average of 10 pips a day, along with fixed ratio money management helps your equity grow asymmetrically. Your $1000 turned into $12,000 in 10 months!

Notice that your trading system doesn't have to always hit a home run, you simply need to average 10 pips/day in this example.

If you wanted to be more conservative than the above example, you could simply add more pips profit in the formula. For example you could only increase number of lots traded after gaining 400 pips instead of 200 pips like in my example. This would mean slower growth. Try setting up a fixed ratio money management plan before you start your next live trade!

This unique approach to day trading the EUR/USD involves using financial Fractals and no other technical indicators, as outlined in the Euro Fractal Trading System.
 

veluri1967

Well-Known Member
#5
Many traders misinterpret the rules of probability.

Some believe that, if you have an unprofitable trade, then somehow this increases the chance that their next trade will be profitable. If they incur a string of losses, then their chance of a profitable trade also increases as each unprofitable trade passes.

That is clearly not the case, as each trade is completely independent of any other. Disregarding this, many people increase their position size after a loss or string of losses in an attempt to regain their losses quickly. Rather, this is a time when you should be even more diligent to ensure that you scale back your positions and not increase them.

If you think of the laws of probability, increasing your position size after a series of losses in order to breakeven faster is a recipe for disaster.
 
#6
Re: Staurt's Advanced Forex Strategy

Here is the strategy which appealed me the most.



HI,

Can you Explain the below lines taking an example.:-

Simply buy above todays close Sell below todays close at the arrived prices.

Fix 25% of todays range as Profit Targets. Place Stop Loss some points away from opposite order.

Donot forget to place the orders before market opens

Thanks In Advance,
Regards,
BALMAL
 

veluri1967

Well-Known Member
#7
Re: Staurt's Advanced Forex Strategy

HI,

Can you Explain the below lines taking an example.:-

Simply buy above todays close Sell below todays close at the arrived prices.

Fix 25% of todays range as Profit Targets. Place Stop Loss some points away from opposite order.

Donot forget to place the orders before market opens

Thanks In Advance,
Regards,
BALMAL
Take todays's close.
Let us take an example.
Todays close of Unitech is 70.40.
Todays range (ie High-Low) of unitech is 71.75-69.40 = 2.35
Now calculate 25% of this range. In our example it is 2.35 X 25/100 = 0.58 which is rounded off to lowest 0.10, so on rounding off it comes to 0.50.

Tomorrow, we buy at Todays close + 25% of today's range.
ie 70.40 + 0.50 = 70.90.
Our target for our bought positions is : Buy price + 25% of today's range
ie 70.90 + 0.50 = 71.40.
Stoploss will be somepoints away from Sell order (see below) ie 69.90 - 0.10 = 69.80

Like wise, calculate for sell also.

Tomorrow, we sell at Todays close - 25% of today's range.
ie 70.40 - 0.50 = 69.90
Our target for short position will be : Sellprice - 25% of today's range
ie 69.90 - 0.50 = 69.40
Stoploss will be somepoints away from Buy Order (see above) ie 70.90 + 0.10 = 71.00

Before you trade with actual money, I suggest you to papertrade first. Then tweak the system as per your requirement.

Hope you got the point. If still in doubt, revert back to me.
 
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saivenkat

Well-Known Member
#8
Re: Staurt's Advanced Forex Strategy

Take todays's close.
Let us take an example.
Todays close of Unitech is 70.40.
Todays range (ie High-Low) of unitech is 71.75-69.40 = 2.35
Now calculate 25% of this range. In our example it is 2.35 X 25/100 = 0.58 which is rounded off to lowest 0.10, so on rounding off it comes to 0.50.

Tomorrow, we buy at Todays close + 25% of today's range.
ie 70.40 + 0.50 = 70.90.
Our target for our bought positions is : Buy price + 25% of today's range
ie 70.90 + 0.50 = 71.40.
Stoploss will be somepoints away from Sell order (see below) ie 69.90 - 0.10 = 69.80

Like wise, calculate for sell also.

Tomorrow, we sell at Todays close - 25% of today's range.
ie 70.40 - 0.50 = 69.90
Our target for short position will be : Sellprice - 25% of today's range
ie 69.90 - 0.50 = 69.40
Stoploss will be somepoints away from Buy Order (see above) ie 70.90 + 0.10 = 71.00

Before you trade with actual money, I suggest you to papertrade first. Then tweak the system as per your requirement.

Hope you got the point. If still in doubt, revert back to me.

Thanks a lot Veluri ji in Coming out with good strategy and explanation,but the problem with my broker is that, he does not place orders before the market opens.

Regards
Saivenkat.
 
#9
Re: Staurt's Advanced Forex Strategy

Take todays's close.
Let us take an example.
Todays close of Unitech is 70.40.
Todays range (ie High-Low) of unitech is 71.75-69.40 = 2.35
Now calculate 25% of this range. In our example it is 2.35 X 25/100 = 0.58 which is rounded off to lowest 0.10, so on rounding off it comes to 0.50.

Tomorrow, we buy at Todays close + 25% of today's range.
ie 70.40 + 0.50 = 70.90.
Our target for our bought positions is : Buy price + 25% of today's range
ie 70.90 + 0.50 = 71.40.
Stoploss will be somepoints away from Sell order (see below) ie 69.90 - 0.10 = 69.80

Like wise, calculate for sell also.

Tomorrow, we sell at Todays close - 25% of today's range.
ie 70.40 - 0.50 = 69.90
Our target for short position will be : Sellprice - 25% of today's range
ie 69.90 - 0.50 = 69.40
Stoploss will be somepoints away from Buy Order (see above) ie 70.90 + 0.10 = 71.00

Before you trade with actual money, I suggest you to papertrade first. Then tweak the system as per your requirement.

Hope you got the point. If still in doubt, revert back to me.
Thanks 1967,

For the detailed explanation.
I will paper trade and verify.

Regards,
BALMAL