Hello Astronauts! I uploaded a video on the DeepSpaceFX Youtube Channel to show the anatomy of an NZD/USD perfect entry in a LIVE market- Backtesting NZDUSD. The trade was taken on 4/1/2019 during Asian session right before the London Session began. If you would like more information on trade entry rules using my greenlight approach and trade exit rules using my redlight approach, please refer to my previous post titled, “ANATOMY OF A PERFECT ENTRY AND WHEN TO EXIT!”
After watching the video you’ll understand how important it is to make sure that all indicators are in agreement with one another. This is version 1.0 of the DeepSpaceFX Daily chart strategy using a set of indicators for in an unofficial algorithm. This algorithm is subject to change so the system may undergo an addition or reduction of indicators. The account that I opened was a $100 ECN account with the TradersWay Broker. Automatically, it is safe to assume that trading a 0.25 lot size on a $100 is very risky, and is counter to basic money management rules. However, I just wanted to demonstrate the importance of why I teach very precise, laser entries. Upon backtesting NZDUSD, this perfect entry shows everything I mentioned in a live trading situation in previous posts. I profited a total of 59 pips for this one trade. Which is already more than half of what my weekly goal is of 100 pips. This is proof that, while risky, it is possible if you plan to be a more aggressive trader rather than conservative. Check out the video I posted above and see for yourself. If you have any questions or concerns, drop them in the comments below.
Join me on my journey into DeepSpaceFx while I create a holy grail forex trading system (2+ year development). Watch my every move.