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In Forex trading it is important to see reality.
You own mind can distort reality if you are not careful.
Are all the lines above horizontal or not? The answer will surprise you.
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In Forex trading it is important to see reality.
You own mind can distort reality if you are not careful.
Are all the lines above horizontal or not? The answer will surprise you.
The Forex Grid Trend Multiplier will take every trade in the direction chosen by the trader using a grid to enter and cash transactions in. Negative transactions a kept open but positive ones are cashed at every grid level. This allows a multiplier effect to occur where a trader can make 4 to 20 times the pips than the trend anticipated.
In this EURJPY trade a Buy was entered into when the price bounced on very strong support.
The transaction did not work out to well as the transaction ended up going the wrong way at first and the ranged sideways for a few days after which it started edging upwards. There was a gain of just over 130 pips from the start of the transaction, but with the multiplier affect the actual gain was 900 pips (45 transactions of 20 pips). A grid of 20 pips was used.
This transactions shows that:-
Please note that the Grid Trend Multiplier is a Forex Trading Tool used by experienced traders. It does not supply entry point for the initial transaction but can be used to multiply gains. It is a high risk technique because if you get the direction wrong and there is a STRONG trend in the wrong way you losses could increase exponentially
The chart
Some transactions
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