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)

 

 

Forex Daily Action
Forex Daily Action
Comments: 0

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


Comments: 0
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Forex Trading System
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Trading System
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