ebook forex - Blessing System strategy forex by randiwibowo6

VIEWS: 50 PAGES: 8

									                     BLESSING SYSTEM
work in every pair

                            created by Rifo.valas
                                           2006
Introduction

Do you remember elliot wave?

Yes, your are right... let's see how elliot wave does... it always happens in
every time frame




                                3          5
                   1                               b
                                    4          a           d
                                                   c
                         2
                                                            e




my system is inspired with elliot wave.. but i make it more simple. And it
work and truly profit.

As you can see.. always there are forward and reverse points. No matter
what time frame.




How It Works ?

This system is two way open position (OP). Yes, we OP long and short at
the same time at the same pair. It's risky ? yes it is... but it can be managed.
I will show you...


PAIR GU


 Position        Level         LOT             OP          SL            TP
Buy                      1           0.1       1.7865            0       1.7885
Buy Limit                2           0.1       1.7845            0       1.7865
Buy Limit                3           0.2       1.7825            0       1.7845
Buy Limit                4           0.4       1.7805            0       1.7825
Buy Limit                5           0.8       1.7785            0       1.7805
Buy Limit                6           1.6       1.7765            0       1.7785
Buy Limit                7           3.2       1.7745            0       1.7765
Buy Limit                8           6.4       1.7725            0       1.7745
                  Position          Level       LOT             OP          SL             TP
                Sell                        1         0.1       1.7861             0       1.7841
                Sell Limit                  2         0.1       1.7881             0       1.7861
                Sell Limit                  3         0.2       1.7901             0       1.7881
                Sell Limit                  4         0.4       1.7921             0       1.7901
                Sell Limit                  5         0.8       1.7941             0       1.7921
                Sell Limit                  6         1.6       1.7961             0       1.7941
                Sell Limit                  7         3.2       1.7981             0       1.7961
                Sell Limit                  8         6.4       1.8001             0       1.7981



                As you see... there are each 8 level OP buy and sell that we have..

                It's mean there are 8 x 20 pips = 160 pips securing position.
                In manual you don't have to OP all... just when the price near the level
                then you set the OP.


                Let's Have a Rock
                When below level executed then the TP of previous level must be set to
                current level.

                ex.

                  Position          Level       LOT             OP          SL             TP
                Sell                        1         0.1       1.7861             0       1.7961
                Sell                        2         0.1       1.7881             0       1.7961
                Sell                        3         0.2       1.7901             0       1.7961
                Sell                        4         0.4       1.7921             0       1.7961
                Sell                        5         0.8       1.7941             0       1.7961
                Sell                        6         1.6       1.7961             0       1.7961
Current Level   Sell                        7         3.2       1.7981             0       1.7961
                Sell Limit                  8         6.4       1.8001             0       1.7981

                when it hit level 7 of sell the TP must be set to the current level it's level 7
                when the level 7 TP is hit are you lossing your money ????

                lets we calculate (all in mini account):

                level 1   loss     -100 pips     0,1 lot    x -100 pips   = -$10
                level 2   loss     - 80 pips     0,1 lot    x -80 pips    = -$8
                level 3   loss     - 60 pips     0,2 lot    x -60 pips    = -$12
                level 4   loss     - 40 pips     0.4 lot    x -40 pips    = -$16
                level 5   loss     - 20 pips     0,8 lot    x -20 pips    = -$16
                level 6   loss     0 pip         1.6 lot    x 0 pips      = $0
                level 7   profit   20 pips       3.2 lot    x 20 pips     = $64        +
                                                                          = $2

                as you see... are loss your money ???... no it's give your more dollar.
                now let we see the result of buy position
Remember

Every Time the TP are hit...... the level must be restart to 1.

ex.


 Position        Level         LOT           OP           SL          TP
Buy                      1           0.1     1.7865               0   1.7885
Buy                      1           0.1     1.7845               0   1.7865
Buy                      1           0.1     1.7825               0   1.7845
Buy                      1           0.1     1.7805               0   1.7825
Buy                      1           0.1     1.7785               0   1.7805
Buy                      1           0.1     1.7765               0   1.7785
Buy                      1           0.1     1.7745               0   1.7765
Buy Limit                2           0.1     1.7725               0   1.7745


How many we got ?
Buy 1 profit 20 pips            0,1 lot x 20 pips       = $2
Buy 2 profit 20 pips            0,1 lot x 20 pips       = $2
Buy 3 profit 20 pips            0,1 lot x 20 pips       = $2
Buy 4 profit 20 pips            0,1 lot x 20 pips       = $2
Buy 5 profit 20 pips            0,1 lot x 20 pips       = $2
Buy 6 profit 20 pips            0,1 lot x 20 pips       = $2
Buy 7 profit 20 pips            0,1 lot x 20 pips       = $2 +
                                                          $14

So if we calculate the long and short position we have = $14+$2 =$16
Which mean we get $16/0,1 lot = 160 pips just in a day in one pair
imagine if we trade in 5 major pair we should have 800 pips in a day.


Is it great ???
No matter your position is.. you still get dollar.




No let we see the real chart
                                                                   Here how to read
                                                                   we get TP of Sell                                                                    level 3 Buy executed

                                                                                                             TP Sell and level 3 BUY
                                                                                                             Level 1 SELL


                                                                                                         level 1 Sell executed



                       1H
                                    TP Buy and level 3 Sell
                                    Level 1 Buy



                       TP Buy and level 2 Sell                                TP Sell and level 2 BUY
                       Level 1 Buy                                            Level 1 SELL



                                                  TP Sell and level 3 BUY
                                                  Level 1 SELL


START HERE
level 1 Buy and Sell                                   TP Sell and level 4 Buy                          TP Buy and Level 1 SELL
                                                       Level 1 SELL                                     level 1 BUY



                                                         TP Sell and level 5 Buy                                              TP BUY and level 3 sell              TP Buy and level 2 sell
                                                         Level 1 SELL                                                         Level 1 Buy                          Level 1 Buy
                                                                                   TP Sell and level 2 Buy
                                                                                   Level 1 SELL



                                                                                   TP Sell and level 3 Buy                              TP BUY and level 2 sell   TP Sell and level 2 buy
                                                                                   Level 1 SELL                                         Level 1 Buy               Level 1 Sell



                                                                                           TP Sell and level 4 Buy
                                                                                           Level 1 SELL




                                                                                                  1 day chart


                                                                  In that chart we got 14 TP
                                                                  each TP will give you 20 pips
                                                                  so we got 280 pips and each TP give you $2
                                                                  and we got $28

                                                                  Was that so sweet...
                                                 NEWS NFP

                                                                   TP BUY and level 8 Sell
                                                                   Level 1 Buy


                                                            TP BUY and level 7 Sell          TP SELL and level 1 Buy
                                                            Level 1 Buy                      Level 1 Sell




                                                                                                    TP SELL and level 2 Buy
                                                                                                    Level 1 Sell
                                                                       TP BUY and level 6 Sell
                                                                       Level 1 Buy
                                                                                                    TP SELL and level 3 Buy
                                                                       TP BUY and level 5 Sell      Level 1 Sell
                                                                       Level 1 Buy
START HERE
                                                                                                    TP SELL and level 4 Buy
level 1 Buy and Sell
                                                                                                    Level 1 Sell


                       TP SELL and level 2 Buy                         TP BUY and level 4 Sell      TP SELL and level 5 Buy
                       Level 1 Sell                                    Level 1 Buy                  Level 1 Sell
                                                                       TP BUY and level 3 Sell
                                                                       Level 1 BUY                  TP SELL and level 6 Buy
                                                 TP SELL and level 2 Buy                            Level 1 Sell
                                                 Level 1 Sell          TP BUY and level 2 Sell
                                                                       Level 1 BUY                               TP BUY and level 1 Sell
                                                                                                                 Level 1 BUY
                                                       TP SELL and level 3 Buy
                                                       Level 1 Sell
                                                                       TP BUY and level 1 Sell       TP Sell and level 1 Buy TP BUY and level 1 Sell
                                                                       Level 1 BUY                   Level 1 BUY             Level 1 BUY
                                                       TP SELL and level 4 Buy TP SELL and level 7 Buy
                                                       Level 1 Sell            Level 1 Sell

                                                                                 TP SELL and level 8 Buy
                                                                                 Level 1 Sell            TP Sell and level 2 Buy
                                                                                                         Level 1 BUY




                                                 It's really make me so confuse to draw the TP... :)

                                                 As chart shown we got 24 times TP !!!!

                                                 that mean we got 480 pips and $48

                                                 :)

                                                 was that so sweet ... ????
NOW IT'S TIME FOR YOU PROGRAMMER

i realize, that i don't have enough time to sit like a baby in front of
my computer. It's time for you programer to help me and all traders
out from this killing time trading.

As you can see the method is very simple :

Here i try to make the flow chart, i'm sorry if mistake :



                              START



           Send 8 level                    Send 8 level
            of buy limit.                   of Sell limit.
        remember gap level              remember gap level
              -20 pips                       +20 pips
          TP +20 pips and                 TP -20 pips and
               no SL                           no SL




                        when the below level is
                         HIT set the previous
                        TP to the current level




                                TP are HIT
                          delete all limit position
                          only the same position
                     if HIT buy so limit buy delete
                      if HIT sell so limit sell delete
THE OTHERS LEVEL

Here are the others level. Remember more lot more margin you
need. If you only have very tight balance just use 0,1 lot. It's more
save for you. But if you have a huge balance it would be no
problem.

    Level                                         LOT
             1           0.1           0.2           0.3          0.4          0.5
             2           0.1           0.2           0.3          0.4          0.5
             3           0.2           0.3           0.4          0.5          0.6
             4           0.4           0.7             1          1.3          1.6
             5           0.8           1.4             2          2.6          3.2
             6           1.6           2.8             4          5.2          6.4
             7           3.2           5.6             8         10.4         12.8
             8           6.4          11.2            16         20.8         25.6
Give you         $2            $4            $6             $8          $10
  Level                                        LOT
             1          0.6            0.7        0.8             0.9            1
             2          0.6            0.7        0.8             0.9            1
             3          0.7            0.8        0.9               1          1.1
             4          1.9            2.2        2.5             2.8          3.1
             5          3.8            4.4          5             5.6          6.2
             6          7.6            8.8         10            11.2         12.4
             7         15.2           17.6         20            22.4         24.8
             8         30.4           35.2         40            44.8         49.6
Give you         $12           $14           $16      $18               $20
All are calculated in mini account leverage 1:100 in pair GU.




                                     THE END
I'm sorry if My English Is Bad.. But i'm learning to make it perfect

								
To top