Forex Trading System - Equity Milipede Strategy

Forex Trading System Introduction

This system only for those whose have excellent price interpretion skill. To train your price interpretion skill, please go to this page and follow the steps.

Forex Trading System Basic Concept

The basic concept of this forex trading system is holding your trade as long as possible.

There are no entry and exit rule for this method, but, the creator of this trading system require you to gain your hindsight on overall movement of the pairs on higher time frame, such as daily chart and weekly chart. By using the hindsight, plan your trading plan of the week and make low risk entry on lower time frame.

You need to participate and make low risk entry based on your price interpretion knowledge, then if the price go to your expected direction, move sell loss to break even (this is very important element, remember, move sell loss to break even) when you feel the position is safe and let it grow. According to the creator, he won't close positions that lower than two weeks lifetime.

In this system, the creator will counter trade himself (hedging), therefore, if you want to follow this forex trading system, you need to get a forex broker that allow hedging.

Forex Trading System Setup

There is not particular fix rule or indicator for the entry setup. In this method, the creator required you to up skills your price interpretion techniques on demo at least six months before you go live.

To train your price interpretion skill, please go to this page and follow the steps.

Forex Trading System Rules

There are three main rules in this method, which are,

1. Participation
Participate the price actions.

2. Low-risk entry
Make a low risk entry.

3. Growth
Let the position grow.

Exit Rules
The creator of this trading system mentioned that he will close some trades when he feels that there is uncertainty in market, such as when the price stalls. However, he won't close all positions but close some of it, he called it as diversify positions.

Following are some rules of diversify:

1. To settle all loss accounted for establishing the current group.
2. To replenish your trade capital to before you started creating the group.
3. To add realized profit into your trade balance and increasing its balance. To ensure a smooth
4. equity curve in the long run.
5. To acknowledge that danger has passed and all loss/risk accounted for on your remaining
6. bigger legs for now infinite growth which is ofcourse at the mercy of the markets.
7. Psychological safety: You know its over and done with that group. Legs have been closed for
   profits and legs have been promoted to upper group. It gets it off your mind.

Forex Trading System Material

Please read this before you implement this forex trading system.