⇒Additional Tip – One of the Best Combination for Martingale⇐
FIND OUT A GOOD ENTRY POINT
Hi! Today I have prepared a strategy that is very simple. It is not based on MT4 system and use of indicators, but it is based on something a little different, which makes it really easy.
I was thinking about this strategy for a long time, but only now it has occurred to me that I could write an article about it and try it out at the same time. I know a lot of people will condemn me for publicizing this strategy, but I do not care. I just share my ideas, i am not telling you how to use your money, so do not think I am forcing you into anything. 🙂 It is contrary to a lot of things that I have written on this blog so far.
This strategy is not a true trading strategy, but rather a gambling one. I have personally tried it and it worked superb so far. For some it may work out and they can make a fortune and for others it may not. This time we will be trading profusely – no more waiting for signals.
It is a strategy based on the principle of Martingale, which may tell some of you already, what is it about.
A Martingale is one of the betting strategies that was developed and popular in the 18th Century in the francophone country, France. It was widely used among bettors for the head and tail coin game in the country. Since the coin has a 50% probability of turning up either head or tail in a single toss, this betting system suited the game.
This strategy had the gambler double his bet after every loss so that any one win would cover up all the previous losses plus a profit that is the same as the original betting size or amount.
Apart form the head and tail coin game, this betting system has also been applied to all games that have a 50% chance of either winning or losing like the Roulette, Casinos, Blackjack and others.
This strategy is widely used by binary traders who use the “Call and Put” type of trading. These types of trading involve predicting whether the current price of an asset will either increase or decease in value after the expiry time. Therefore the Martingale can be safely applied because there’s a 50% chance of getting either a “call or put”.
The following strategy DO NOT need any technical indicators or MT4 candlestick chart. I assume some of our traders already know and use to become able to follow the market direction better.
1. Watch 30mins Options movement. You can open USDJPY, EURUSD and other to compare the movement.
It’s been down movement on left chart, so you just purchase Low position once.
2. On right chart, here is tip point!! Purchased one low position with $1 but price went up so “purchase another Low position with $3 at red circle area.
It’s been down trend on AUD/USD as I checked and recognised the movement on 30mins chart which became easier to predict to purchase High or Low. So purchasing low is better winning ratio in this situation. Then use Martingale strategy with it. 3 mins will be short period that you can try on 10min option if you need more time.
⇒ Additional Tip No.2 – The Simple Tip make your trade different!⇐
Here is another example: It is very simple point that you just aware the following points, your trading will become better.
I checked 30mins movement on EURUSD and found it look like Down movement.
I opened 3 mins option for EURUSD as follows.
Point 1. for 1st position, do not purchase soon at start point (around red circle). Wait for a while and double check the movement. Good entry point is when market goes slightly Up. (Because I want to purchase Low position). Don’t you think I purchased Low position in good area!? Yes!
Point 2. for 2nd position, wait for a while, not purchasing around red circle. We need more gap between 1st and 2nd position. Only a few points difference won’t be good enough to do martingale and it will be less winning probability. See where I purchased 2nd position!
That’s it. As I thought the market went down and I did not expect I could win for 1st position too.
I used martingale within one option but you can do one by one.
When you get used to it, you will be able to open 3 or 4 position at same option (recommended to do in 10mins rather than 3mins)
I’m aware that some people are still going to be sceptical and ask themselves why I would share a profitable strategy like this with everybody when I could just make money using it. The answer is quite simple – enough money for everyone!