Forex strategy Supremacy - make profit without straining yourself

"The opinion of the majority is always wrong, for the majority of people are idiots" Edgar Allan Poe

90% of forex traders lose. We have all heard this sad statistic. Some will say that this is bad, some that it is fair, because 9 out of 10 new businesses eventually close as well.

But what if we ask ourselves, "How can we make money from this"? What if there is a way to learn how to trade against those same 90% of worthless losers? A clear stance + precise mathematics conceal enormous power.

Today we will get acquainted with the Supremacy strategy - a weapon of crushing power in skilled hands, which has already brought quite a lot of profit to many of our forum members.

Platform: Metatrader 4
Currency pairs: EURUSD, USDCHF, USDCAD, GBPUSD, AUDUSD, NZDUSD, EURJPY, AUDJPY, USDJPY, GBPJPY
Timeframe: D1
Trading time: once a day
Recommended brokers: Roboforex, Forex4You, Alpari

The crowd is always wrong. Most traders lose. Both on the stock exchange and in forex. It follows from this that if we trade differently from other traders, we will be winners. The question is: how do we find out where this very crowd is standing?

Modern technologies have stepped far forward and now we have the wonderful Myfxbook service, which is used by hundreds of thousands of traders from all over the world to keep their trading statistics. At the same time, traders trade not only all over the globe, but also in almost all brokerage companies. That is, we are not limited to the clients of one company, as in other data sources.

So, MyfxBook provides a summary of the positions of all traders on the page http://www.myfxbook.com/community/outlook, which we will use to work with the Supremacy strategy.

1. At the close of the daily candle, go to http://www.myfxbook.com/community/outlook

2. Look at the data for the pairs listed in the characteristics of our strategy. Find pairs in which the ratio of long and short positions has a bias of 60% or more to one side. That is, for example, 65% sell, 35% buy.

If the ratio of positions for a pair does not have a bias of 60% or more to one side, we ignore this pair.

3. On the pair or pairs with a strong bias in the share of positions, we open 2 orders in the direction opposite to the position of the majority.

For example, we have 70% short trades on GBPUSD, which means we will buy this pair.

On the D1 chart, open one buy order at the current price, and also place a buy limit order at the Low (the lowest point of the candle) of the last daily candle.

If there is a bias toward buying on the pair, we sell at the market price and place a pending sell order at the High point of the closed daily candle.

And so for all pairs where there is a strong bias toward selling or buying.

4. After a day, at the close of the daily candle, close ALL orders and delete untriggered pending orders, regardless of the amount of profit/loss.

For orders opened at the market price, set a stop-loss of 100 old points, for pending orders - 50 points.

The recommended risk level is a 0.01 lot for every 2000 units in the deposit. The table below will help you understand the sizes and the corresponding account types.

- Withdraw 50% of the profit every month

- If there is news close to the candle close, try to enter as close to the news as possible so as not to miss the move

- Save on swaps: on pairs with positive swaps, open trades before the candle closes, and close them after the candle closes. This way we get a double swap.

For pairs with a negative swap, open orders after the daily candle closes and close them before the close.

You can see swaps here -> http://www.alpari.finance/ru/trading/contract_specification/

Only for extreme traders

Due to the growing popularity of all kinds of deposit boosting, I provide options for extreme trading with the Supremacy trading system. If you are an ordinary trader, you do not need this, trade according to the money management rules stated above in the review.

Since our funds are diversified across many orders and currency pairs, it is practically impossible to hit an absolute drawdown.
Therefore, you can increase risk to the limit. Multiply the minimum lot by 10 (for 5000 eur/usd - lot 0,1). Thus, even if all stops are hit, we will lose 30% of the deposit, which is extremely unlikely, but profit
accordingly increases by 10 times. The deposit unit is specifically calculated for two absolute drawdowns, plus margin, as well as the unusually high margin on USDCHF. With this trading method, all doubling up is categorically excluded.

The Supremacy Forex strategy, despite its apparent simplicity, conceals enormous strength and potential. Study the topic of this trading system on the forum - you will find many ways traders use it: some set take-profits, some hold positions longer than a day - you will be able to choose what suits you, or stick with the standard version, which is also highly profitable.

Respectfully, Pavel Vlasov TradeLikeaPro.ru