Forex Profit Farm Advanced

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Forex Profit Farm

Advanced
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CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE

CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED
RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT
BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE
IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY.
SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT
THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING
MADE THAT ANY ACCOUNT WILL OR IS LIKELY
TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Copyright Information
THE MANUAL CONTAINS MATERIAL PROTECTED UNDER COPYRIGHT LAWS. ANY

UNAUTHORIZED REPRINT OR RESALE OF THIS MATERIAL, FREE DISTRIBUTION IS
STRICTLY PROHIBITED.
BACKGROUND .............................................................................................................4
INDICATORS USED.....................................................................................................5
BUY TRADE ..................................................................................................................7
TRADE MANAGEMENT ..............................................................................................9

STOP LOSS ........................................................................................................................9
“BANKING THE PROFITS” .................................................................................................10
EXITING THE TRADE...............................................................................................11
SELL TRADE ....................................................................................................................14
RE-ENTERING THE TRADE ....................................................................................15
Welcome to the “Forex Profit farm Advance” manual. This manual contains an
advance trading strategy that can help you make insane amount of profits in
forex market.
You’ll be astonished to see the pips potential this technique has.
But like I said this is an advanced manual, so the concepts mentioned will
require you to have some more risk potential for forex market as compared to a
person who is complete beginner.
Background
This advanced strategy is based on the fact that the larger the time frame you
trade on, the larger the profits are.
So, the amount of profit per trade when trading on a 1 hr chart is higher than
trading on a 15 min chart. Similarly profit per trade while trading on a daily
chart is higher than that made on a 1 hr chart.
Also, one more thing you’ll observe is that as the timeframe increases, so does
the reliability of technical indicators. If you look at the 5 min chart, there is a
lot of noise and a lot of false setups with any system you use. While if you move
to a 15 min chart, there is a comparatively less noise and the market is more
stable.
If you move to a daily chart, the indicators respond very well. The exponential
moving average becomes more reliable, the support and resistance indicators
respond very well.
So, the accuracy of the trades is much higher while trading on a daily chart
than on 15 min. chart since the technical indicators hold very well
With that premise, let us look at the Forex Profit Farm Advance strategy
Indicators used
The Advanced Forex Profit Farm strategy is based on trading on a daily chart.
So this is more like a swing trading system where the trades are left open for
days, if not weeks.
The indicators used are –
• Exponential Moving Average – With value as 21
• RSI Indicator – with setting for 14
• Parabolic SAR – value of 0.04/0.2 (Parabolic SAR is optional)
• Candlesticks
Just to add, for the above mentioned indicators, the 21 EMA is the primary
indicator which means that it will be the trigger point after which only we’ll
start looking at the values of the other indicators.
The secondary indicators are 14 RSI and Parabolic SAR. Of these, the Parabolic
SAR is optional which means that even though the PSAR is not confirming, but
rest of indicators are, then you can choose to take the trade.
We’ll touch more about this a little later.
The candlestick is the other important confirming indicator and its shape and
size will help you to identify if we should take up the trade or not.
Once you have plotted all the indicators, here is what the chart will look like –
The above chart shows the indicators plotted on a daily chart.
Now, let us start understand the process of placing a trade by taking an

example of a buy trade –
Buy Trade
Once the chart is plotted, here is how you need to analyze it for trading –
1. Watch out for the points when the candle breaks above the 21 EMA.
Since the 21 EMA represents the direction of the market, if the price
breaks above 21 EMA that would mean that the market may have turned
bullish.
2. One the price closes above the 21 EMA, look for the values of 14 RSI and
Parabolic SAR. For the buy trade the value of 14 RSI should be above 45
and rising, while the parabolic SAR should be below the candle which
broke the EMA.
However, I must mention that the Parabolic SAR is an optional indicator

in this system. So even if the parabolic SAR is for example not below the
candle, you can still go ahead and take the trade.
If the parabolic SAR is below the candle, then the probability of a

profitable trade is higher, but like I said, it is an optional indicator.
3. Last but not the least, look at the shape and size of the candlestick. For
the buy trade the candle should be a bullish candle. Don’t ever take a
buy trade on a daily chart if the candle is not bullish else you are going
to put a lot of pips on risk.
4. Once all the above criteria are met, the next step is to place the trade and
implement the trade management principles.
In the above chart, notice the candle which is marked in Red Ellipse. This is
the candle at which all the conditions are met. The RSI is at 55, the candle is
bullish and just crossed the 21 EMA.
So, it was a good enough setup to place the trade.
Once the trade is open, the next thing is to implement principles of trade
management.
The application of Trade management for Forex Profit Farm advanced is much
different than those of a 15 min or even an hourly chart, though the principles
remain the same.
So, let us look at the Trade management principles of Forex Profit Farm
“Advanced”
Trade Management
In this advanced system also we’ll use the principles of “Banking the profits”,
placing the stop loss etc, but their application will be different than what is
mentioned in day trading version of Forex Profit Farm
Let us look at their use -
Stop Loss
Since in the advanced strategy we are trading on the daily chart, we need to
provide more free space for the currency pair to move as compared to that in
day trading. By this what I mean is that the stop loss while trading on daily
chart needs to be much higher.
If you use the stop loss of 35-40 pips while trading in daily chart, I guess 80-
90% of your trades will end in loss!!
For Forex Profit Farm advanced, you must put the stop loss 35 pips below the
closed candle at the end of which you opened the trade. But the value of the
stop loss should not be greater than 125-130 pips.
The average stop loss using this strategy is between 100 to 130 pips!!
Yes, the value of stop loss is quite high than that of trading on a 1 hr chart or
day trading.
That is the primary reason I mentioned that this strategy is advanced since an
experienced trader can be very comfortable putting these many pips on risk.
But on the other hand, you would be pleased to know that profits per trade can
be much much higher. I mean I have sometimes seen the profit as high as
1289 pips in a single trade!!
But on average, you can expect a profit of around 250+ pips.
One more thing, if you are a beginner and still want to use this strategy, please
make sure that you do a lot of practice on the demo account.
“Banking The profits”
Like in Forex Profit Farm strategy for day trading, the principles of “Banking
The Profits” are the same, but the implementation is different.
In “Banking The Profits”, we keep securing the profits by adjusting our stop
loss so that incase the market reverses, we are not impacted.
1. So, In the advanced strategy, once you open the trade and place the stop
loss, as so as the profit reaches 75 pips, move your stop loss to the entry
point.
So this way, from this point onwards, the trade can never end in loss.
2. After this, keep watching the trade and as soon as the profit reaches 150
pips, advance the stop loss to further 75 pips towards the direction of the
trade.
3. From this point on keep moving the stop loss every further 50 pips in
profit. So once the profit reaches 200 pips, you can move the stop loss to
125 pips from entry point towards the direction of trade..and so on.
This way in most of the trades you are ensuring that your profits are
secured even if the market reverses.
Exiting The Trade
One of the most important aspects of a successful trade is the point of closing
the trade. If a trade is closed prematurely, there is a good possibility that you
are leaving a lot of pips on the table. On the other hand if the close is too late,
then there is a chance that the profits would have got reduced.
Here are the indicators that will help you decide if the trade should be closed or
not –
1. Support and Resistance levels –
This is one of the most common methods to find if market may reverse or
not. The easiest way to plot the support and resistance levels is to look at
the chart and identify previous highs and lows. Once the previous highs
and lows are found, simply draw a horizontal line passing that point and
that would be your support/resistance.
2. Fibonacci levels –
The way Fibonacci level works is that
3. 250 Exponential Moving average.
Of all the Moving averages, the 250 EMA works very well as
support/resistance level. Often you’ll see that the currency pair will hit
the 250 EMA and will move away in the opposite direction.
The way to use the exit indicators is to watch how the currency pair behaves
once it reaches that level. You don’t have to close the trade immediately once it
reaches these levels. Instead, watch how the currency pair reacts.
Often you’ll see that some of these levels are broken by the currency pair. If
that happens, keep the trade open.
But if the currency reverses, then close the trade.
Here is an example that will help you understand the entire system.
The above chart represents USD/CAD currency pair.
1. As you can see above, the candle in black Ellipse is a valid buy signal
since all the conditions are met.
2. The line just below it represents the point where the stop loss was
placed, which was 125 pips below the entry point
3. The red line represents the point where the trade reached 75 pips in
profit. At this point, the stop loss was moved to the entry point.
4. The green line is where the trade was in 150 pips profit. Our stop loss
was moved by 75 pips towards the direction of the trade. So, now the
trade is guaranteed to end in 75 pips profit.
5. Blue and brown lines represent 200 and 250 pips profit and we move the
stop loss accordingly.
6. The red ellipse marks the candle where market hit our stop loss after
1167 pips profit!! Yes, more than 1000 pips!
Sell Trade
The SELL trade is exact opposite of the buy trade.
Let’s understand the SELL trade through an example
The above chart shows a trade on AUD/USD trading chart. Let us analyze it
1. The Black ellipse represents the candle which broke the 21 EMA. The
RSI was reading 41 and was in downwards direction. The parabolic sar is
also above the candle.
2. So in the very next trade we opened the trade. After opening, we placed
the stop loss 125 pips from the entry price.
3. The Line A represents the point where the trade reaches 75 pips profit.
As soon as that happens, we move our stop-loss to entry point. So from
this point on, the trade can never end in loss.
4. Line B represents point where we are150 pips in profit. At this point, we

move the stop loss further 75 pips towards direction of the market. So,
now we are guaranteed of making at-least 75 pips in profit.
5. Similarly line C and D represent profits of 200 and 250 pips respectively
at which points we continue to move our stoploss.
6. Finally, trade ends by hitting the stop loss at candle marked by red
ellipse with a total of 387 pips profit.
So, as you can see we kept the trade open till the point the market moved back
significantly to hit our stop loss.
Re-entering the Trade

Since this strategy is based on a daily chart, there will be very few occasions
where you can miss the trade since you have to look at the charts only once a
day.
But incase you miss the trade, don’t chase it. Late opening the trade would
mean that the value of stop loss will be very high. So in such cases I would
suggest that you ignore the trade.
A currency pair always form a waive pattern, even in a strong trend. It will
move in a certain direction for sometime, then retrace back to a certain
distance and then resume the main trend again.
So, once the currency pair retraces, it gives us another opportunity to open a
trade and take advantage of the main trend.
You can re-enter the trade by following the below mentioned guidelines
1. Wait for the currency pair to retrace to 21 EMA. During retracement, 21

EMA also works as a very good support and resistance level.
2. Once the currency pair retraces to 21 EMA and then bounces again to
resume the original trend, then watch for the value of RSI. For the buy
trade, the value of RSI should be 45 and above and rising and incase of a
Sell trade, the value of RSI should be 55 or below and falling.
You don’t need to focus on the Parabolic SAR. If it confirms, that’s great
otherwise don’t worry.
3. The other indicator which you should look is the shape and size of the
candle. The candle must be bullish for a buy trade. And must be Bearish
for a sell trade.
4. Once all the above criteria are met, you can re-enter the trade.
Once the trade is open, please follow the guidelines to manage the trade by
placing appropriate stop loss and then banking the profits.
Here is an example of Re-entering the trade –
In the above chart, the red ellipse marks the candle at the end of which we
could have taken a sell trade since all the conditions met.
But suppose if we missed that opportunity, then the black ellipse represents
candle that represents another trading opportunity. That candle bounces of the
21 EMA, is bullish and RSI (not show above) was reading 47 and was moving
down.
By taking that opportunity, we could have made 766 pips profit..(That’s true)!!
As you can see from above the Advanced Forex Profit Farm is having an
extremely good reward to risk ratio.
And the other good thing about trading on daily charts is that you don’t have to
worry or adjust your trades with the timings of fundamental announcements
since you are going to look for trading opportunity only at the end of the
trading day.
So this works very well for folks who work 9 to 5.
But you must be ready for the fact that the amount of pips that are put on risk
per trade are significantly higher than that required for trading on other charts.
However the returns fully justify such risk.
I can understand that this strategy is very lucrative. And even the beginners in
trading would like to trade using this strategy. If that is the case, I would
sincerely suggest the beginners to practice a lot on a demo account.
Once you start making money on demo account and get used to this strategy,
then only use it on live account.
Remember if you cannot make money on a demo account, don’t expect that
you’ll make good money on live accounts.
For any questions/comments, please reach out to me at

forexpf@forexprofitfarm.com
Thanks & Take care,

rahul

Forex Profit Farm Advanced

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Forex Profit Farm

Risk Disclosure Statement

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE

TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

THE MANUAL CONTAINS MATERIAL PROTECTED UNDER COPYRIGHT LAWS. ANY

BUY TRADE ..................................................................................................................7

TRADE MANAGEMENT ..............................................................................................9

EXITING THE TRADE...............................................................................................11

SELL TRADE ....................................................................................................................14

RE-ENTERING THE TRADE ....................................................................................15

You’ll be astonished to see the pips potential this technique has.

The indicators used are –

• Exponential Moving Average – With value as 21

• RSI Indicator – with setting for 14

• Parabolic SAR – value of 0.04/0.2 (Parabolic SAR is optional)

We’ll touch more about this a little later.

The above chart shows the indicators plotted on a daily chart.

Now, let us start understand the process of placing a trade by taking an

However, I must mention that the Parabolic SAR is an optional indicator

If the parabolic SAR is below the candle, then the probability of a

So, it was a good enough setup to place the trade.

Let us look at their use -

But on average, you can expect a profit of around 250+ pips.

“Banking The profits”

Exiting The Trade

1. Support and Resistance levels –

The way Fibonacci level works is that

3. 250 Exponential Moving average.

But if the currency reverses, then close the trade.

The above chart represents USD/CAD currency pair.

Let’s understand the SELL trade through an example

4. Line B represents point where we are150 pips in profit. At this point, we

Re-entering the Trade

1. Wait for the currency pair to retrace to 21 EMA. During retracement, 21

Here is an example of Re-entering the trade –

So this works very well for folks who work 9 to 5.

However the returns fully justify such risk.

For any questions/comments, please reach out to me at

Thanks & Take care,

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