182# Forex Daily Action
Maximo Trader 2025
The Forex Daily Action is a mechanical, rules-based trading method that aims to extract consistent profits from the daily price movement of selected Forex pairs. It does not rely on indicators, trend-following, or economic news—just daily price action and probabilities.
Core Idea
Every day, price opens, forms a high and a low. It’s statistically rare (less than 1% of the time) for the open to also be the exact high or low of the day. In most cases, price moves in both directions from the open, creating what we call a “shadow.”
The Forex Daily Action seeks to capture a portion of that daily shadow—a reliable, repeating pattern.
Instruments
The system trades two specific currency pairs:
USDCHF → High daily consistency and low spread
GBPJPY → Strong volatility and price range
or EURUSD Always go LONG and Always go SHORT
These pairs are chosen because they have low correlation and complementary behaviors, offering diversification with just two trades.
Strategy Parameters
Each day:
USDCHF → Always go LONG
GBPJPY → Always go SHORT
This decision is based on historical probability:
✅ For USDCHF, the open-to-high movement exceeds 30 pips over 70% of the time
✅ For GBPJPY, the open-to-low movement exceeds 40 pips over 70% of the time
📜 Trading Rules
Enter the trade at the Daily Open (00:00 server time)
LONG for USDCHF
SHORT for GBPJPY
Set a fixed Take Profit:
+30 pips for USDCHF
+40 pips for GBPJPY
Set a Stop-and-Reverse (SAR):
-30 pips for USDCHF
-40 pips for GBPJPY
If SAR is hit, reverse the position immediately and:
Set a Catastrophic Stop Loss at -200 pips for the SAR leg
Exit the SAR trade at the end of the day if TP is not hit
If neither TP nor SAR is hit, exit the trade at the daily close.
Practical Example: GBPJPY SHORT with SAR
Let's say:
Open (OPEN): 190.00
PT (Take Profit): 189.60 → 40 pips profit
SAR: 190.40 → 40 pips loss → reversal to LONG
Catastrophic SL: 192.40 (max -200 pips)
Phases:
Time 00:00: Open SHORT at 190.00
Price goes up instead of down (goes against you)
At 190.40: Close the short with -40 pips loss and open a LONG
The LONG remains open until the close of the day, or close with maximum SL at -200 pips.
What does SAR (Stop-And-Reverse) mean?
In the Forex Daily Action, the SAR is an automatic logic that:
If the price goes against your initial position and reaches a certain loss level (e.g. -30 or -40 pips), you not only close the position, but also reverse the direction.
Money Management
Risk up to 5% equity per position, 10% total per day
Use fixed pip values to calculate lot size:
~ $8/pip average for both pairs
Example: On $100,000 equity, trade 3.125 lots per pair
Expected Performance
Based on historical backtesting:
Pair Monthly Expected Return
USDCHF ~179 pips
GBPJPY ~242 pips
Total ~400 pips
The strength of the system lies in probability and consistency, not prediction.
Important Notes
The system ignores fundamentals, news, indicators, and trend direction
It works best on Daily timeframe
Always test with proper risk control and live demo first
Performance may vary with spread, slippage, and broker execution time.
▲
✔ | ← PT (achieved, closing in profit)
|
|
● | ← OPEN (entry long)
|
|
| ← SAR
|
✘ | ← Catastrophic SL (rarely achieved)
▼
182# High Low with ADX Trading System
Submit by joy22
Time frame daily.
Currency Pairs All
Indicators:
dyn Support and resistance
ADX13 (d+, d- With 3ema)
ENTRY
Entry long d+>d- ADX>3Ema
Entry short d->d+ ADX>3Ema
Wait for the daily candle to close. Enter long 3 pip above the red dot of the closed candle and short 3 pip below the blue dot of that candle. You should use pending orders to ensure you enter at the correct price. Add the spread to pending orders when looking to go long.
Exit at close next bar.
Exit with Profit Target:
AUD/USD, USD/CAD, USDCHF, USD/JPY 60 pips,
EUR/USD 70,
GBP/USD,EUR/JPY GBP/GPY, 80 pips.
Stop Loss:50-80 pips