Ariful Sumon – Forex trading strategy only on gbpusd (99 percent profitable)

Description

Description

Download Proof | Ariful Sumon – Forex trading strategy only on gbpusd (99 percent profitable) (95.7 MB)

1. Overview of Ariful Sumon’s Trading Strategy

This strategy is designed exclusively for trading GBPUSD, one of the most liquid and actively traded currency pairs. The strategy focuses on precise market analysis, leveraging price action, and using technical indicators to make high-probability trades. The 99% profitability claim draws considerable attention, but like any strategy, it requires proper understanding and discipline.

Key Features:

• Currency Pair Focus: GBPUSD only
• Claimed Profitability: 99% success rate
• Methodology: Price action analysis combined with technical indicators
• Time Frame: Works on multiple time frames for confirmation
• Experience Required: Suitable for both beginners and experienced traders

2. Core Components of the Strategy

The strategy’s success hinges on the following core components:

A. Price Action Analysis

Price action analysis is a key aspect of the Ariful Sumon strategy. By studying the movement of the GBPUSD price over time, traders can predict potential market moves. This method avoids reliance on lagging indicators, focusing instead on real-time price changes.

• Candlestick Patterns: Identifying reversal and continuation patterns (like pin bars, engulfing candles)
• Support and Resistance Levels: Recognizing key areas where the price is likely to reverse or consolidate
• Trendlines: Drawing trendlines to highlight upward or downward trends

B. Use of Technical Indicators

While price action is vital, technical indicators provide additional confirmation. Key indicators used in this strategy include:

• Moving Averages (MA): To identify overall market direction and potential reversals
• Relative Strength Index (RSI): To gauge market momentum and identify overbought/oversold conditions
• Fibonacci Retracement: To spot potential reversal points after significant price moves

C. Time Frame Selection

The strategy is versatile and can be applied to multiple time frames. However, the most effective time frames are:

• 1-Hour (H1): Ideal for day traders seeking short-term opportunities
• 4-Hour (H4) and Daily (D1): Used for swing trading to capture larger price moves

D. Risk Management

Effective risk management is essential to sustain the claimed 99% profitability rate. Core risk management principles include:

• Risk-to-Reward Ratio: Ensuring each trade has a higher potential reward than the risk
• Stop-Loss and Take-Profit Levels: Placing stop-loss orders to minimize losses and take-profit levels to lock in gains
• Position Sizing: Allocating an appropriate portion of the trading account for each trade, usually 1-2% of total capital

3. Step-by-Step Guide to Implement the Strategy

To implement Ariful Sumon’s strategy, follow this step-by-step approach:

1. Market Analysis: Use technical analysis tools and price action principles to understand the current state of the GBPUSD pair.
2. Identify Key Levels: Spot support, resistance, and trendline areas where the price is likely to react.
3. Apply Indicators: Use moving averages, RSI, and Fibonacci levels to confirm potential trade entries.
4. Set Entry Points: Place buy or sell orders at optimal points based on price action and indicator confirmation.
5. Manage Risk: Set a stop-loss order below support (for buy trades) or above resistance (for sell trades).
6. Monitor and Adjust: Continuously monitor price movement, adjusting stops and profit targets as needed.

4. Benefits of the Strategy

• High Accuracy: The strategy’s 99% success claim, if true, implies a high level of consistency.
• Simple and Effective: Focuses on essential price action and technical indicators, which are easy to learn.
• Suitable for All Traders: Both beginners and seasoned traders can benefit from its simplicity and effectiveness.

5. Potential Drawbacks and Limitations

• High Claims May Be Unrealistic: While the strategy’s claim of 99% profitability is appealing, it’s essential to be cautious of exaggerated success rates.
• Discipline and Patience Required: Traders must remain disciplined and follow the strategy’s rules strictly to achieve consistent results.
• Market Conditions May Affect Success: Forex markets are dynamic, and no strategy works 100% of the time. Volatility and economic news can impact the effectiveness of the approach.

6. Final Thoughts

Ariful Sumon’s GBPUSD trading strategy offers a comprehensive approach to trading this popular currency pair. It emphasizes price action, technical indicators, and risk management to improve profitability. While the 99% success rate claim should be approached with caution, traders who master the principles of the strategy may experience consistent success. As with any forex trading approach, continuous learning, backtesting, and practice are essential to achieve long-term results.