Setups - V-Power

In this section you will see real-chart examples of the trading system: V-Power

 

 

This blog post explains V-Power entries within Golden Setups.

V-Power is a trading system with automation possibilities that gives you an edge over the market. To achieve a much higher winning percentage you can combine high probability setups with V-Power e.g. Golden Setups.

Here you can read everything about the V-Power system and download a free version: V-Power System Explanation + FREE Version

Here is a detailed explanation how you can get a huge edge over the market by using Golden Setups: Golden Setups explained

  

Golden Setups V_Power Results

 

Our friend Juneid is a member of the very active V-Power private group, and he has shared with us trading results; all trades with the V-Power System. Several trades were profitable. Every day active traders in the group improve their results consistently.

 

   

Ok, and what is the purpose of the Golden Setups? The Golden Setups will help you selecting the BEST entry signals at the MOST LOGICAL REVERSAL LEVELS!

 

Please read further to see actual Golden setups and learn how to detect them yourself :)

 

V-Power SELL signal within the Golden Setup on CADCHF occurred recently

 

The last week there were many signals V-Power, and today I want to explain again and recap the 5 rules of V Power Setup.

At CADCHF last week, a V_Power (AA+ Setup) was developed.

On November 25th, this possible buy signal was sent by EA and shared in the V-Power Private Group.

 

In our checklist, we can see a confluence of factors key support us as a potential sell signal: steeper trend line, resistance on D1, Divergence on H1,Inverted V-Formation, V_Power_EA sell signal and Double Top.

  

 

On November 25th we did get a sell signal with V_Power (“V_Power_EA Possible SELL on GBPCHF. Check all rules!”) labeled with black arrow.

Remember: All the signals sent from EA (V_Power EA) are base don H1 Time Frame

  

 

 

This signal is not necessarily AAA+ setups because we don’t see the trend on the timeframe D1, but is very nice signal and possible Golden setup

Please let’s remember:

  • The first upward box is a full bodied green box until a new high is reached. Wait until the first upward box will be drawn. Buy entries on H1 during green boxes.
  • The first downward box is a full bodied red box until a new low is reached. Wait until the first downward box will be drawn. Sell entries on H1 during red boxes.

 

Note: The box colors depend it depends on the color setup in PTS_V_Power_EA

The second rule applies in our case:

“The first downward box is a full bodied red box until a new low is reached. Wait until the first downward box will be drawn. Sell entries on H1 during red boxes.”

 

Here is the summary of the forex day trading rules for our high probability entries with V-Power: 

 

Rule #1: Search only for V-Power Setups after a day which closes near the high / low of the day!

Rule #2: A tight range must develop during the Asian session with a duration of 10+ hours!

Rule #3: An additional move out of the tight range in direction of the previous day must develop

Rule #4: Choose only those entry signals which occur at least 20 hours after the tight accumulation range started

Rule #5: Choose only those entry signals which occur at least 5 hours before the trading day ends

 

Mike says:

“The setups with the highest probability of success and those which produce on average a big subsequent move are the setups which produce the entry signal after 20 or more hours after the tight accumulation range started”

We know that we must not constantly count candles to trade the V-Power system, because the V_Power_EA will do this counting and the analysis for us.

RECAP

The EA gave us a signal when the next red box is drawn and the low of the actual day is lower than the lower of the previous day. This is already a partly check of the 5 rules.

The remaining rules need to be checked visually.

These red rectangles were drawn because a new low was reached and the previous 20 candles did not cover the same price level. As you can see in the screenshot these 20 candles concept in itself is already a great tool to detect the direction of the trend. The following screenshot shows the first red box and the space 20 + hours at the moment.

  

 

And these rectangles make it extremely easy to detect the high probability V-Power setups.

As soon as the first rectangle with a new color is drawn then we directly know that the direction of the trend has changed and that enough time (20 hours) has passed. This trend reversal could be a candidate for a high probability V-Power setup. 

All we have to do now on CADCHF is to check if all 5 previously discussed rules apply which define the highest probability V-Power setups.

Rule #1: Search only for V-Power Setups after a day which closes near the high / low of the day!

This is the first rule to find our highest probability setups. Here is where the smart money silently prepares the Reversal. The price move during the Asian session should be a relatively tight range.

A tight range is a good sign that the smart money is silently accumulating it's own position.

The process of actively and silently accumulating a big position from the herd takes time. The smart money must carefully absorb the orders of the herd without producing big price swings against the previous direction.

On CADCHF the price low was near to the price close. High (0.7012) - Close (0.7009) around 3 pips i.e it’s too close.

  

 The price move of the day before the reversal occurs ends near the extreme price of the day.

Because the daily candle closed so strong many of the already positioned traders of the herd will hold their positions during the Asian session. And for the same reason many new traders will prepare for an entry in direction of the strong daily candle. The herd is strong bullish before the bearish reversal and strong bearish before the bullish reversal.

The smart money will use this confidence of the herd to dramatically shift the emotions of the herd from thrill/euphoria to anxiety!

And on the day before the bearish reversal occurs the herd is in the "bullish thrill"-state as you can see in the following screenshot:

 

Rule #2: A tight range must develop during the Asian session with a duration of 10+ hours!

Because it takes time to accumulate silently we will see a tight range which has a duration of many hours. Good ranges have a duration of 10+ hours.

"The price move during the Asian session should be a relatively tight range. A tight range is a good sign that the smart money is silently accumulating it's own position."

A free space develops below (when we wait for bearish reversals) and above (when we wait for bullish reversals) the tight range. We will later come back to this free space.

“The smart money absorbs short orders from the herd in that range”.

On CADCHF we can see a range with a duration of 10 + hours and also a free space was developed below because we wait for a bearish reversal.

 

 

Rule #3: An additional move out of the tight range in direction of the previous day must develop

We need a special move after the tight range of the accumulation phase. This move should be into the same direction as the previous day and should be not too big.

This additional move brings the herd into the "euphoria"-state. The positions in direction of the trend are in good profit and live as a trader feels easy on that day.

The following screenshot on CADCHF shows where the herd is in the "bullish euphoria"-state.

 

 

This additional move (upside move) is the final accumulation trick initiated by the smart money. New traders from the herd are induced with this move and the smart money takes the counterpart of those positions. This additional move also grabs protective stop-loss orders of many traders of the herd who were positioned against the direction of the trend and now get kicked out of their position by a few pips.

 

After the final accumulation move the smart money will use the emotional shift of the herd from extreme thrill/euphoria to anxiety to make money. The position which the smart money has actively accumulated during the tight range and during the final stop hunt move will now be distributed to the herd at a better price with huge profits. A new profit release phase (a new 3-day-cycle) has started.

 

The smart money stops the move by heavily absorbing all incoming orders (buy orders) from the herd. The smart money now no longer wants to keep their actions secret and allows that very clear reversal (bearish reversal) candlestick patterns develop. These patterns can be pin bar with long wicks, spinning tops, doji, long legged doji, hammer, shooting star, inverted hammer, hangin man and so on.

 

As you can see in the black arrow in the following screenshot a bearish candlestick (Bearish Pin Bar) was develop. That pattern is an early signal that the smart money will now probably reverse the price.

 Average Price:

It’s the average price nearer to the actual price. All the orders are absorbed to the position at best prices i.e the average price of the position of the smart money gets better.

We can draw a horizontal line between range low and the high of the stop-hunt for stimate the average price of the position of the smart money.

On the H1 time frame, we can see that after the price breaking below the horizontal (at the black arrow) the short position of the smart money is already in profit. See the chart below.

Sharp Reversal:

Right now, we must look for a sharp reversal against the previous direction. After stopping the trend of the previous 3-day-cycle (with reversal candle patterns) and further adding to the own position the smart money now produces the first strong and full bodied candle(s) against the direction of the previous day. This action forms a sharp reversal on the price chart with which the smart money induces anxiety into the herd.

“With the sharp reversal against the previous direction, the position of the smart money is already”.

The position of the smart money is already in profit when the traders of the herd start to panic and exit their position. The profit release phase for the smart money has started.

The panic of the traders of the herd produce the momentum for the Level1 of the new 3-day-cycle. 

With our high probability day trading strategy for forex we want to select only the best Level1 moves for our entries (Profit reléase phase of the Smart money= Level1 of the new cycle).

  

 

The V-Power Entry Signal and momentum for the Level1 of the new 3-day-cycle:

On CADCHF we should enter short trade when the price gets below of the lower boundary of the accumulation range.

“Enter sell trades when the price gets below of the lower boundary of the accumulation range. Enter buy trades when the price moves above the upper boundary of the accumulation range.”

Only after these price levels are reached the inverted Vs (sell trades) and the Vs (buy trades) are completed.

We can see a V Formation and the price get below of the upper boundary. It also starts a new 3-day-cycle. See the chart.

 

Rule #4: Choose only those entry signals which occur at least 20 hours after the tight accumulation range started

Mike says: “the setups with the highest probability of success and those which produce on average a big subsequent move are the setups which produce the entry signal after 20 or more hours after the tight accumulation range started”

This means that a big enough subsequent move will occur after our entry to give us a good profit on a regular basis.

On CADCHF after SELL signal, the price action drop around 45 pips.

The following screenshot on H1 Time Frame shows 20 hours after the tight range began:

 

 

Rule #5: Choose only those entry signals which occur at least 5 hours before the trading day ends

The biggest move of the day will nearly always occur between 7 GMT and 20 GMT!

We can expect according to the usual behavior of the market that a further big move after our entry signal occurs.

Therefore, Mike on the website https://www.perfecttrendsystem.com/day-trading-strategy-for-forex-v-power wrote :

“In my opinion an entry at 19 GMT should be the latest possible entry. All entry signal after 20 GMT should be avoided because the odds are against a big further move.”

The following screenshot of the time frame H1 shows that entry on GBPCHF was 9 hours before the trading day ends

The vertical dotted lines show the end of the trading day.

 

The trade is triggered when the 5 rules are fulfilled (labeled with a red ellipse) and after break steeper trend line. Entry @ 0.700 and Stop Loss @ 0.7022

The profit target is hit at 0.  with 2.1R (45+ pips). See the chart.

 

TRADE DETAILS
Currency Pair: CADCHF
Buy/Sell: SELL
Entry Price: 0,7001
Stop Loss: 0,7022
Target Price: 0,6956
Pips+/-: 45
Actual RR: 2,1
Status: Closed
Strategy: V-Power within Golden Setup

 Analysis based on steeper trend line and major support/resistance at the moment

The following analysis are based on steeper trend lines and supports/resistances that are being tested or about to be tested.

For considering, the article posted on January 7th about steeper trend line: 

  • upward move = Section 1 (>0 degrees and < 30 degrees)
  • steep upward move = Section 1 (>= 30 degrees and <=45 degrees)
  • very steep upward move = Section 2 (>45 degrees to 90 degrees)
  • downward move = Section 3 (>330 degrees and <360 degrees)
  • steep downward move = Section 3 (<= to 330 degrees and >= 315 degrees)
  • very steep downward move = Section 4 (<315 degrees to 270 degrees).

I recommend doing the steps mentioned below either for V_Power or Golden Setup

V_Power_Setup

Chek all rules:

Rule #1: Search only for V-Power Setups after a day which closes near the high / low of the day!

Rule #2: A tight range must develop during the Asian session with a duration of 10+ hours!

Rule #3: An additional move out of the tight range in direction of the previous day must develop

Rule #4: Choose only those entry signals which occur at least 20 hours after the tight accumulation range started

Rule #5: Choose only those entry signals which occur at least 5 hours before the trading day ends

Golden Setup

  1. Switch to D1: Check major supports and major resistances with PTS_SuppRes_MTF_Indi indicator
  2. Switch to H4: Check major supports and major resistances with PTS_SuppRes_MTF_Indi indicator
  3. Switch to H1:
    1. Check steep upward / downward trend line on H1
    2. Check matured upward / downward trend on H1
    3. Check 3 -Days - Cycle + Climatic moves on H1
    4. Ckeck regular divergence on H1 with PTS_MACD_Divergence_Box_Indi indicator
    5. Ckeck V- Formation on H1
    6. Check Sharply and Reversal moves on H1 
  1. Switch to M30
    1. Check steep upward / downward trend line on M30
    2. Check matured upward / downward trend on M30
    3. Check 3 -Days - Cycle + Climatic moves on M30
    4. Ckeck regular divergence on M30 with PTS_MACD_Divergence_Box_Indi indicator
    5. Ckeck V- Formation on M30
    6. Check Sharply and Reversal moves on M30

 

Possible SHORT on AUDUSD

Check all rules on V_Power and Golden Setup.

 

 

 

Possible SHORT on EURUSD

Check all rules on V_Power and Golden Setup.

 

 

 

Possible SHORT on NZDUSD

Check all rules on V_Power and Golden Setup.

  

 

 

Possible SHORT on USDJPY

Check all rules on V_Power and Golden Setup.

 

 

Possible SHORT on EURJPY

Check all rules on V_Power and Golden Setup.

 

 

 

Possible SHORT on AUDJPY

Check all rules on V_Power and Golden Setup.

 

 

Possible SHORT on CADJPY

Check all rules on V_Power and Golden Setup.

   

 

Possible SHORT on CHFJPY

Check all rules on V_Power and Golden Setup.

 

 

 

Possible SHORT on EURCAD

Check all rules on V_Power and Golden Setup.

 

 

 

Possible SHORT on EURGBP

Check all rules on V_Power and Golden Setup.

 

 

 

Possible LONG on GBPAUD

Check all rules on V_Power and Golden Setup.

 

 

Possible LONG on USDCAD

Check all rules on V_Power and Golden Setup.

 

 

 

Possible LONG on USDCHF

Check all rules on V_Power and Golden Setup.

 

 

 

 

RECAP

SIGNALS FROM V_POWER AND POSSIBLE GOLDEN SETUP

 

   
   

 

Here you can read everything about the V-Power system and download a free version: V-Power System Explanation + FREE Version

By joining the V-Power community you will get access to a very active private telegram group with experienced members: Join the V-Power Community

 

 

 

 

 

This blog post explains V-Power entries within Golden Setups.

V-Power is a trading system with automation possibilities that gives you an edge over the market. To achieve a much higher winning percentage you can combine high probability setups with V-Power e.g. Golden Setups.

Here you can read everything about the V-Power system and download a free version: V-Power System Explanation + FREE Version

Here is a detailed explanation how you can get a huge edge over the market by using Golden Setups: Golden Setups explained

  

Golden Setups V_Power Results

 

Our friend Juneid is a member of the very active V-Power private group, and he has shared with us trading results; all trades with the V-Power System. Several trades were profitable. Every day active traders in the group improve their results consistently.

 

   

Ok, and what is the purpose of the Golden Setups? The Golden Setups will help you selecting the BEST entry signals at the MOST LOGICAL REVERSAL LEVELS!

 

Please read further to see actual Golden setups and learn how to detect them yourself :)

 

V-Power SELL signal within the Golden Setup on GBPCHF occurred recently

 

The last week there were many signals V-Power, and today I want to explain again and recap the 5 rules of V Power Setup.

At GBPCHF last week, a V_Power (AA+ Setup) was developed.

On November 24th, this possible buy signal was sent by EA and shared in the V-Power Private Group.

 

 In our checklist, we can see a confluence of factors key support us as a potential sell signal: steeper trend line, resistance on D1, Divergence on H1,Inverted V-Formation, and V_Power_EA sell signal.

  

 

On November 24th we did get a sell signal with V_Power (“V_Power_EA Possible SELL on GBPCHF. Check all rules!”) labeled with black arrow.

Remember: All the signals sent from EA (V_Power EA) are base don H1 Time Frame

  

This signal is not necessarily AAA+ setups because we don’t see the trend on the timeframe D1, but is very nice signal and possible Golden setup

Please let’s remember:

  • The first upward box is a full bodied green box until a new high is reached. Wait until the first upward box will be drawn. Buy entries on H1 during green boxes.
  • The first downward box is a full bodied red box until a new low is reached. Wait until the first downward box will be drawn. Sell entries on H1 during red boxes.

 

Note: The box colors depend it depends on the color setup in PTS_V_Power_EA

The second rule applies in our case:

“The first downward box is a full bodied red box until a new low is reached. Wait until the first downward box will be drawn. Sell entries on H1 during red boxes.”

 

Here is the summary of the forex day trading rules for our high probability entries with V-Power: 

 

Rule #1: Search only for V-Power Setups after a day which closes near the high / low of the day!

Rule #2: A tight range must develop during the Asian session with a duration of 10+ hours!

Rule #3: An additional move out of the tight range in direction of the previous day must develop

Rule #4: Choose only those entry signals which occur at least 20 hours after the tight accumulation range started

Rule #5: Choose only those entry signals which occur at least 5 hours before the trading day ends

 

Mike says:

“The setups with the highest probability of success and those which produce on average a big subsequent move are the setups which produce the entry signal after 20 or more hours after the tight accumulation range started”

We know that we must not constantly count candles to trade the V-Power system, because the V_Power_EA will do this counting and the analysis for us.

RECAP

The EA gave us a signal when the next red box is drawn and the low of the actual day is lower than the lower of the previous day. This is already a partly check of the 5 rules.

The remaining rules need to be checked visually.

These red rectangles were drawn because a new low was reached and the previous 20 candles did not cover the same price level. As you can see in the screenshot these 20 candles concept in itself is already a great tool to detect the direction of the trend. The following screenshot shows the first red box and the space 20 + hours at the moment.

  

 

And these rectangles make it extremely easy to detect the high probability V-Power setups.

As soon as the first rectangle with a new color is drawn then we directly know that the direction of the trend has changed and that enough time (20 hours) has passed. This trend reversal could be a candidate for a high probability V-Power setup. 

All we have to do now on GBPCHF is to check if all 5 previously discussed rules apply which define the highest probability V-Power setups.

Rule #1: Search only for V-Power Setups after a day which closes near the high / low of the day!

This is the first rule to find our highest probability setups. Here is where the smart money silently prepares the Reversal. The price move during the Asian session should be a relatively tight range.

A tight range is a good sign that the smart money is silently accumulating it's own position.

The process of actively and silently accumulating a big position from the herd takes time. The smart money must carefully absorb the orders of the herd without producing big price swings against the previous direction.

On GBPCHF the price low was near to the price close. High (1.2167) - Close (1.2153) around 14 pips i.e it’s too close.

  

The price move of the day before the reversal occurs ends near the extreme price of the day.

Because the daily candle closed so strong many of the already positioned traders of the herd will hold their positions during the Asian session. And for the same reason many new traders will prepare for an entry in direction of the strong daily candle. The herd is strong bullish before the bearish reversal and strong bearish before the bullish reversal.

The smart money will use this confidence of the herd to dramatically shift the emotions of the herd from thrill/euphoria to anxiety!

And on the day before the bearish reversal occurs the herd is in the "bullish thrill"-state as you can see in the following screenshot:

 

Rule #2: A tight range must develop during the Asian session with a duration of 10+ hours!

Because it takes time to accumulate silently we will see a tight range which has a duration of many hours. Good ranges have a duration of 10+ hours.

"The price move during the Asian session should be a relatively tight range. A tight range is a good sign that the smart money is silently accumulating it's own position."

A free space develops below (when we wait for bearish reversals) and above (when we wait for bullish reversals) the tight range. We will later come back to this free space.

“The smart money absorbs short orders from the herd in that range”.

On GBPCHF we can see a range with a duration of 10 + hours and also a free space was developed below because we wait for a bearish reversal.

 

 

Rule #3: An additional move out of the tight range in direction of the previous day must develop

We need a special move after the tight range of the accumulation phase. This move should be into the same direction as the previous day and should be not too big.

This additional move brings the herd into the "euphoria"-state. The positions in direction of the trend are in good profit and live as a trader feels easy on that day.

The following screenshot on GBPCHF shows where the herd is in the "bullish euphoria"-state.

 

 

This additional move (upside move) is the final accumulation trick initiated by the smart money. New traders from the herd are induced with this move and the smart money takes the counterpart of those positions. This additional move also grabs protective stop-loss orders of many traders of the herd who were positioned against the direction of the trend and now get kicked out of their position by a few pips.

 

After the final accumulation move the smart money will use the emotional shift of the herd from extreme thrill/euphoria to anxiety to make money. The position which the smart money has actively accumulated during the tight range and during the final stop hunt move will now be distributed to the herd at a better price with huge profits. A new profit release phase (a new 3-day-cycle) has started.

 

The smart money stops the move by heavily absorbing all incoming orders (buy orders) from the herd. The smart money now no longer wants to keep their actions secret and allows that very clear reversal (bearish reversal) candlestick patterns develop. These patterns can be pin bar with long wicks, spinning tops, doji, long legged doji, hammer, shooting star, inverted hammer, hangin man and so on.

 

As you can see in the black arrow in the following screenshot a bearish candlestick (Bearish Tailed Bar) was develop. That pattern is an early signal that the smart money will now probably reverse the price.

 Average Price:

It’s the average price nearer to the actual price. All the orders are absorbed to the position at best prices i.e the average price of the position of the smart money gets better.

We can draw a horizontal line between range low and the high of the stop-hunt for stimate the average price of the position of the smart money.

On the H1 time frame, we can see that after the price breaking below the horizontal (at the black arrow) the short position of the smart money is already in profit. See the chart below.

Sharp Reversal:

Right now, we must look for a sharp reversal against the previous direction. After stopping the trend of the previous 3-day-cycle (with reversal candle patterns) and further adding to the own position the smart money now produces the first strong and full bodied candle(s) against the direction of the previous day. This action forms a sharp reversal on the price chart with which the smart money induces anxiety into the herd.

“With the sharp reversal against the previous direction, the position of the smart money is already”.

The position of the smart money is already in profit when the traders of the herd start to panic and exit their position. The profit release phase for the smart money has started.

The panic of the traders of the herd produce the momentum for the Level1 of the new 3-day-cycle. 

With our high probability day trading strategy for forex we want to select only the best Level1 moves for our entries (Profit reléase phase of the Smart money= Level1 of the new cycle).

  

 

The V-Power Entry Signal and momentum for the Level1 of the new 3-day-cycle:

On GBPCHF we should enter short trade when the price gets below of the lower boundary of the accumulation range.

“Enter sell trades when the price gets below of the lower boundary of the accumulation range. Enter buy trades when the price moves above the upper boundary of the accumulation range.”

Only after these price levels are reached the inverted Vs (sell trades) and the Vs (buy trades) are completed.

We can see a V Formation and the price get below of the upper boundary. It also starts a new 3-day-cycle. See the chart.

 

Rule #4: Choose only those entry signals which occur at least 20 hours after the tight accumulation range started

Mike says: “the setups with the highest probability of success and those which produce on average a big subsequent move are the setups which produce the entry signal after 20 or more hours after the tight accumulation range started”

This means that a big enough subsequent move will occur after our entry to give us a good profit on a regular basis.

On AUDUSD after SELL signal, the price action drop around 69 pips.

The following screenshot on H1 Time Frame shows 20 hours after the tight range began:

 

 

Rule #5: Choose only those entry signals which occur at least 5 hours before the trading day ends

The biggest move of the day will nearly always occur between 7 GMT and 20 GMT!

We can expect according to the usual behavior of the market that a further big move after our entry signal occurs.

Therefore, Mike on the website https://www.perfecttrendsystem.com/day-trading-strategy-for-forex-v-power wrote :

“In my opinion an entry at 19 GMT should be the latest possible entry. All entry signal after 20 GMT should be avoided because the odds are against a big further move.”

The following screenshot of the time frame H1 shows that entry on GBPCHF was 5 hours before the trading day ends

The vertical dotted lines show the end of the trading day.

 

The trade is triggered when the 5 rules are fulfilled (labeled with a red ellipse) and after break steeper trend line. Entry @ 1.2149 and Stop Loss @ 1.2190

The profit target is hit at 1.2080 with 2.0R (69 pips). See the chart.

 

 

 

TRADE DETAILS
Currency Pair: GBPCHF
Buy/Sell: SELL
Entry Price: 1,2149
Stop Loss: 1,219
Target Price: 1,208
Pips+/-: 69
Actual RR: 1,6
Status: Closed
Strategy: V-Power within Golden Setup

 Analysis based on steeper trend line and major support/resistance at the moment

The following analysis are based on steeper trend lines and supports/resistances that are being tested or about to be tested.

For considering, the article posted on January 7th about steeper trend line: 

  • upward move = Section 1 (>0 degrees and < 30 degrees)
  • steep upward move = Section 1 (>= 30 degrees and <=45 degrees)
  • very steep upward move = Section 2 (>45 degrees to 90 degrees)
  • downward move = Section 3 (>330 degrees and <360 degrees)
  • steep downward move = Section 3 (<= to 330 degrees and >= 315 degrees)
  • very steep downward move = Section 4 (<315 degrees to 270 degrees).

I recommend doing the steps mentioned below either for V_Power or Golden Setup

V_Power_Setup

Chek all rules:

Rule #1: Search only for V-Power Setups after a day which closes near the high / low of the day!

Rule #2: A tight range must develop during the Asian session with a duration of 10+ hours!

Rule #3: An additional move out of the tight range in direction of the previous day must develop

Rule #4: Choose only those entry signals which occur at least 20 hours after the tight accumulation range started

Rule #5: Choose only those entry signals which occur at least 5 hours before the trading day ends

Golden Setup

  1. Switch to D1: Check major supports and major resistances with PTS_SuppRes_MTF_Indi indicator
  2. Switch to H4: Check major supports and major resistances with PTS_SuppRes_MTF_Indi indicator
  3. Switch to H1:
    1. Check steep upward / downward trend line on H1
    2. Check matured upward / downward trend on H1
    3. Check 3 -Days - Cycle + Climatic moves on H1
    4. Ckeck regular divergence on H1 with PTS_MACD_Divergence_Box_Indi indicator
    5. Ckeck V- Formation on H1
    6. Check Sharply and Reversal moves on H1 
  1. Switch to M30
    1. Check steep upward / downward trend line on M30
    2. Check matured upward / downward trend on M30
    3. Check 3 -Days - Cycle + Climatic moves on M30
    4. Ckeck regular divergence on M30 with PTS_MACD_Divergence_Box_Indi indicator
    5. Ckeck V- Formation on M30
    6. Check Sharply and Reversal moves on M30

 

Possible LONG on USDJPY

Check all rules on V_Power and Golden Setup.

 

 

 

Possible LONG on GBPJPY

Check all rules on V_Power and Golden Setup.

 

 

 

Possible LONG on GOLD

Check all rules on V_Power and Golden Setup.

  

 

 

Possible LONG on EURNZD

Check all rules on V_Power and Golden Setup.

 

 

Possible LONG on GBPAUD

Check all rules on V_Power and Golden Setup.

 

 

 

Possible LONG on GBPCHF

Check all rules on V_Power and Golden Setup.

 

 

Possible LONG on GBPNZD

Check all rules on V_Power and Golden Setup.

  

 

Possible LONG on USDCAD

Check all rules on V_Power and Golden Setup.

 

 

 

Possible LONG on USDCHF

Check all rules on V_Power and Golden Setup.

 

 

 

Possible SHORT on AUDUSD

Check all rules on V_Power and Golden Setup.

 

 

 

Possible SHORT on EURUSD

Check all rules on V_Power and Golden Setup.

 

 

Possible SHORT on NZDUSD

Check all rules on V_Power and Golden Setup.

 

 

 

Possible SHORT on EURJPY

Check all rules on V_Power and Golden Setup.

 

Possible SHORT on AUDCAD

Check all rules on V_Power and Golden Setup.

 

Possible SHORT on CHFJPY

Check all rules on V_Power and Golden Setup.

 

 

Possible SHORT on EURCAD

Check all rules on V_Power and Golden Setup.

 

Possible SHORT on EURGBP

Check all rules on V_Power and Golden Setup.

 

 

Possible SHORT on NZDCAD

Check all rules on V_Power and Golden Setup.

 

 

 

 

RECAP

SIGNALS FROM V_POWER AND POSSIBLE GOLDEN SETUP

 

   
   

 

Here you can read everything about the V-Power system and download a free version: V-Power System Explanation + FREE Version

By joining the V-Power community you will get access to a very active private telegram group with experienced members: Join the V-Power Community

 

 

 

 

 

This blog post explains V-Power entries within Golden Setups.

V-Power is a trading system with automation possibilities that gives you an edge over the market. To achieve a much higher winning percentage you can combine high probability setups with V-Power e.g. Golden Setups.

Here you can read everything about the V-Power system and download a free version: V-Power System Explanation + FREE Version

Here is a detailed explanation how you can get a huge edge over the market by using Golden Setups: Golden Setups explained

  

Golden Setups V_Power Results

 

Our friend Chris is a member of the very active V-Power private group, and he has shared with us trading results; all trades with the V-Power System. Several trades were profitable. Every day active traders in the group improve their results consistently.

 

   

Ok, and what is the purpose of the Golden Setups? The Golden Setups will help you selecting the BEST entry signals at the MOST LOGICAL REVERSAL LEVELS!

 

Please read further to see actual Golden setups and learn how to detect them yourself :)

 

V-Power SELL signal within the Golden Setup on AUDUSD occurred recently

 

The last week there were many signals V-Power, and today I want to explain again and recap the 5 rules of V Power Setup.

At AUDUSD last week, a V_Power (AA+ Setup) was developed.

On November 17th, this possible buy signal was sent by EA and shared in the V-Power Private Group.

 

 

In our checklist, we can see a confluence of factors key support us as a potential sell signal: steeper trend line, resistance on D1, Inverted V-Formation, and V_Power_EA sell signal.

 

 

 

On November 11th we did get a sell signal with V_Power (“V_Power_EA Possible SELL on AUDUSD. Check all rules!”) labeled with black arrow.

Remember: All the signals sent from EA (V_Power EA) are base don H1 Time Frame

  

This signal is not necessarily AAA+ setups because we don’t see the trend on the timeframe D1, but is very nice signal and possible Golden setup

Please let’s remember:

  • The first upward box is a full bodied green box until a new high is reached. Wait until the first upward box will be drawn. Buy entries on H1 during green boxes.
  • The first downward box is a full bodied red box until a new low is reached. Wait until the first downward box will be drawn. Sell entries on H1 during red boxes.

 

Note: The box colors depend it depends on the color setup in PTS_V_Power_EA

The second rule applies in our case:

“The first downward box is a full bodied red box until a new low is reached. Wait until the first downward box will be drawn. Sell entries on H1 during red boxes.”

 

Here is the summary of the forex day trading rules for our high probability entries with V-Power: 

 

Rule #1: Search only for V-Power Setups after a day which closes near the high / low of the day!

Rule #2: A tight range must develop during the Asian session with a duration of 10+ hours!

Rule #3: An additional move out of the tight range in direction of the previous day must develop

Rule #4: Choose only those entry signals which occur at least 20 hours after the tight accumulation range started

Rule #5: Choose only those entry signals which occur at least 5 hours before the trading day ends

 

Mike says:

“The setups with the highest probability of success and those which produce on average a big subsequent move are the setups which produce the entry signal after 20 or more hours after the tight accumulation range started”

We know that we must not constantly count candles to trade the V-Power system, because the V_Power_EA will do this counting and the analysis for us.

RECAP

The EA gave us a signal when the next red box is drawn and the low of the actual day is lower than the lower of the previous day. This is already a partly check of the 5 rules.

The remaining rules need to be checked visually.

These red rectangles were drawn because a new low was reached and the previous 20 candles did not cover the same price level. As you can see in the screenshot these 20 candles concept in itself is already a great tool to detect the direction of the trend. The following screenshot shows the first red box and the space 20 + hours at the moment.

  

 

And these rectangles make it extremely easy to detect the high probability V-Power setups.

As soon as the first rectangle with a new color is drawn then we directly know that the direction of the trend has changed and that enough time (20 hours) has passed. This trend reversal could be a candidate for a high probability V-Power setup. 

All we have to do now on AUDUSD is to check if all 5 previously discussed rules apply which define the highest probability V-Power setups.

Rule #1: Search only for V-Power Setups after a day which closes near the high / low of the day!

This is the first rule to find our highest probability setups. Here is where the smart money silently prepares the Reversal. The price move during the Asian session should be a relatively tight range.

A tight range is a good sign that the smart money is silently accumulating it's own position.

The process of actively and silently accumulating a big position from the herd takes time. The smart money must carefully absorb the orders of the herd without producing big price swings against the previous direction.

On AUDUSD the price low was near to the price close. High (0.7326) - Close (0.7320) around 6 pips i.e it’s too close.

  

The price move of the day before the reversal occurs ends near the extreme price of the day.

Because the daily candle closed so strong many of the already positioned traders of the herd will hold their positions during the Asian session. And for the same reason many new traders will prepare for an entry in direction of the strong daily candle. The herd is strong bullish before the bearish reversal and strong bearish before the bullish reversal.

The smart money will use this confidence of the herd to dramatically shift the emotions of the herd from thrill/euphoria to anxiety!

And on the day before the bearish reversal occurs the herd is in the "bullish thrill"-state as you can see in the following screenshot:

 

Rule #2: A tight range must develop during the Asian session with a duration of 10+ hours!

Because it takes time to accumulate silently we will see a tight range which has a duration of many hours. Good ranges have a duration of 10+ hours.

"The price move during the Asian session should be a relatively tight range. A tight range is a good sign that the smart money is silently accumulating it's own position."

A free space develops below (when we wait for bearish reversals) and above (when we wait for bullish reversals) the tight range. We will later come back to this free space.

“The smart money absorbs short orders from the herd in that range”.

On AUDUSD we can see a range with a duration of 10 + hours and also a free space was developed below because we wait for a bearish reversal.

 

 

Rule #3: An additional move out of the tight range in direction of the previous day must develop

We need a special move after the tight range of the accumulation phase. This move should be into the same direction as the previous day and should be not too big.

This additional move brings the herd into the "euphoria"-state. The positions in direction of the trend are in good profit and live as a trader feels easy on that day.

The following screenshot on AUDUSD shows where the herd is in the "bullish euphoria"-state.

 

 

This additional move (upside move) is the final accumulation trick initiated by the smart money. New traders from the herd are induced with this move and the smart money takes the counterpart of those positions. This additional move also grabs protective stop-loss orders of many traders of the herd who were positioned against the direction of the trend and now get kicked out of their position by a few pips.

 

After the final accumulation move the smart money will use the emotional shift of the herd from extreme thrill/euphoria to anxiety to make money. The position which the smart money has actively accumulated during the tight range and during the final stop hunt move will now be distributed to the herd at a better price with huge profits. A new profit release phase (a new 3-day-cycle) has started.

 

The smart money stops the move by heavily absorbing all incoming orders (buy orders) from the herd. The smart money now no longer wants to keep their actions secret and allows that very clear reversal (bearish reversal) candlestick patterns develop. These patterns can be pin bar with long wicks, spinning tops, doji, long legged doji, hammer, shooting star, inverted hammer, hangin man and so on.

 

As you can see in the black arrow in the following screenshot a bearish candlestick (Bearisn Pin Bar) was develop. That pattern is an early signal that the smart money will now probably reverse the price.

 Average Price:

It’s the average price nearer to the actual price. All the orders are absorbed to the position at best prices i.e the average price of the position of the smart money gets better.

We can draw a horizontal line between range low and the high of the stop-hunt for stimate the average price of the position of the smart money.

On the H1 time frame, we can see that after the price breaking below the horizontal (at the black arrow) the short position of the smart money is already in profit. See the chart below.

Sharp Reversal:

Right now, we must look for a sharp reversal against the previous direction. After stopping the trend of the previous 3-day-cycle (with reversal candle patterns) and further adding to the own position the smart money now produces the first strong and full bodied candle(s) against the direction of the previous day. This action forms a sharp reversal on the price chart with which the smart money induces anxiety into the herd.

“With the sharp reversal against the previous direction, the position of the smart money is already”.

The position of the smart money is already in profit when the traders of the herd start to panic and exit their position. The profit release phase for the smart money has started.

The panic of the traders of the herd produce the momentum for the Level1 of the new 3-day-cycle. 

With our high probability day trading strategy for forex we want to select only the best Level1 moves for our entries (Profit reléase phase of the Smart money= Level1 of the new cycle).

  

 

The V-Power Entry Signal and momentum for the Level1 of the new 3-day-cycle:

On AUDUSD we should enter short trade when the price gets below of the lower boundary of the accumulation range.

“Enter sell trades when the price gets below of the lower boundary of the accumulation range. Enter buy trades when the price moves above the upper boundary of the accumulation range.”

Only after these price levels are reached the inverted Vs (sell trades) and the Vs (buy trades) are completed.

We can see a V Formation and the price get below of the upper boundary. It also starts a new 3-day-cycle. See the chart.

 

Rule #4: Choose only those entry signals which occur at least 20 hours after the tight accumulation range started

Mike says: “the setups with the highest probability of success and those which produce on average a big subsequent move are the setups which produce the entry signal after 20 or more hours after the tight accumulation range started”

This means that a big enough subsequent move will occur after our entry to give us a good profit on a regular basis.

On AUDUSD after SELL signal, the price action drop around 55 pips.

The following screenshot on H1 Time Frame shows 20 hours after the tight range began:

 

 

Rule #5: Choose only those entry signals which occur at least 5 hours before the trading day ends

The biggest move of the day will nearly always occur between 7 GMT and 20 GMT!

We can expect according to the usual behavior of the market that a further big move after our entry signal occurs.

Therefore, Mike on the website https://www.perfecttrendsystem.com/day-trading-strategy-for-forex-v-power wrote :

“In my opinion an entry at 19 GMT should be the latest possible entry. All entry signal after 20 GMT should be avoided because the odds are against a big further move.”

The following screenshot of the time frame H1 shows that entry on AUDUSD was 8 hours before the trading day ends

The vertical dotted lines show the end of the trading day.

 

The trade is triggered when the 5 rules are fulfilled (labeled with a red ellipse) and after break steeper trend line. Entry @ 0.731 and Stop Loss @ 0.7338

The profit target is hit at 0.7254  with 2.0R 56pips). See the chart.

 

TRADE DETAILS
Currency Pair: AUDUSD
Buy/Sell: SELL
Entry Price: 0,731
Stop Loss: 0,7338
Target Price: 0,7254
Pips+/-: 56
Actual RR: 2
Status: Closed
Strategy: V-Power within Golden Setup

 Analysis based on steeper trend line and major support/resistance at the moment

The following analysis are based on steeper trend lines and supports/resistances that are being tested or about to be tested.

For considering, the article posted on January 7th about steeper trend line: 

  • upward move = Section 1 (>0 degrees and < 30 degrees)
  • steep upward move = Section 1 (>= 30 degrees and <=45 degrees)
  • very steep upward move = Section 2 (>45 degrees to 90 degrees)
  • downward move = Section 3 (>330 degrees and <360 degrees)
  • steep downward move = Section 3 (<= to 330 degrees and >= 315 degrees)
  • very steep downward move = Section 4 (<315 degrees to 270 degrees).

I recommend doing the steps mentioned below either for V_Power or Golden Setup

V_Power_Setup

Chek all rules:

Rule #1: Search only for V-Power Setups after a day which closes near the high / low of the day!

Rule #2: A tight range must develop during the Asian session with a duration of 10+ hours!

Rule #3: An additional move out of the tight range in direction of the previous day must develop

Rule #4: Choose only those entry signals which occur at least 20 hours after the tight accumulation range started

Rule #5: Choose only those entry signals which occur at least 5 hours before the trading day ends

Golden Setup

  1. Switch to D1: Check major supports and major resistances with PTS_SuppRes_MTF_Indi indicator
  2. Switch to H4: Check major supports and major resistances with PTS_SuppRes_MTF_Indi indicator
  3. Switch to H1:
    1. Check steep upward / downward trend line on H1
    2. Check matured upward / downward trend on H1
    3. Check 3 -Days - Cycle + Climatic moves on H1
    4. Ckeck regular divergence on H1 with PTS_MACD_Divergence_Box_Indi indicator
    5. Ckeck V- Formation on H1
    6. Check Sharply and Reversal moves on H1 
  1. Switch to M30
    1. Check steep upward / downward trend line on M30
    2. Check matured upward / downward trend on M30
    3. Check 3 -Days - Cycle + Climatic moves on M30
    4. Ckeck regular divergence on M30 with PTS_MACD_Divergence_Box_Indi indicator
    5. Ckeck V- Formation on M30
    6. Check Sharply and Reversal moves on M30

 

Possible Short on AUDUSD

Check all rules on V_Power and Golden Setup.

 

 

 

Possible Short on EURUSD

Check all rules on V_Power and Golden Setup.

 

 

 

Possible Short on GBPUSD

Check all rules on V_Power and Golden Setup.

 

 

 

Possible Short on NZDUSD

Check all rules on V_Power and Golden Setup.

 

 

Possible Short on EURJPY

Check all rules on V_Power and Golden Setup.

 

 

Possible Short on GBPJPY

Check all rules on V_Power and Golden Setup.

 

 

Possible Short on AUDCAD

Check all rules on V_Power and Golden Setup.

 

 

Possible Short on AUDJPY

Check all rules on V_Power and Golden Setup.

 

 

 

Possible Short on GBPCHF

Check all rules on V_Power and Golden Setup.

 

 

 

Possible Short on NZDCAD

Check all rules on V_Power and Golden Setup.

 

 

 

Possible Short on NZDCHF

Check all rules on V_Power and Golden Setup.

 

 

Possible Long on USDCAD

Check all rules on V_Power and Golden Setup.

 

 

 

RECAP

SIGNALS FROM V_POWER AND POSSIBLE GOLDEN SETUP

 

   
   

 

Here you can read everything about the V-Power system and download a free version: V-Power System Explanation + FREE Version

By joining the V-Power community you will get access to a very active private telegram group with experienced members: Join the V-Power Community

 

 

 

 

 

This blog post explains V-Power entries within Golden Setups.

V-Power is a trading system with automation possibilities that gives you an edge over the market. To achieve a much higher winning percentage you can combine high probability setups with V-Power e.g. Golden Setups.

Here you can read everything about the V-Power system and download a free version: V-Power System Explanation + FREE Version

Here is a detailed explanation how you can get a huge edge over the market by using Golden Setups: Golden Setups explained

  

Golden Setups V_Power Results

 

Our friend Chris is a member of the very active V-Power private group, and he has shared with us trading results; all trades with the V-Power System. Several trades were profitable. Every day active traders in the group improve their results consistently.

 

   

Ok, and what is the purpose of the Golden Setups? The Golden Setups will help you selecting the BEST entry signals at the MOST LOGICAL REVERSAL LEVELS!

 

Please read further to see actual Golden setups and learn how to detect them yourself :)

 

V-Power SELL signal within the Golden Setup on GBPUSD occurred recently

 

Today I want explain again and recap the 5 rules of V Power Setup.

This week in the GBPUSD a V_Power (AA+ Setup) was developed.

I shared this possible buy signal on November 11th.

 

Here we could see some confluence of a steeper trend line, resistance on D1, Divergence on H1, V-Formation, V_Power_EA sell signal and Double Top. See checklist.

 

 

 

On H1 time frame on November 11th we did get a sell signal with V_Power (“V_Power_EA Possible SELL on GBPUSD. Check all rules!”) labeled with black arrow.

  

This signal is not necessarily AAA+ setups because we don’t see the trend on the timeframe D1, but is very nice signal and possible Golden setup

Please let’s remember:

  • The first upward box is a full bodied green box until a new high is reached. Wait until the first upward box will be drawn. Buy entries on H1 during green boxes.
  • The first downward box is a full bodied red box until a new low is reached. Wait until the first downward box will be drawn. Sell entries on H1 during red boxes.

 

Note: The box colors depend it depends on the color setup in PTS_V_Power_EA

The second rule applies in our case:

“The first downward box is a full bodied red box until a new low is reached. Wait until the first downward box will be drawn. Sell entries on H1 during red boxes.”

 

Here is the summary of the forex day trading rules for our high probability entries with V-Power: 

 

Rule #1: Search only for V-Power Setups after a day which closes near the high / low of the day!

Rule #2: A tight range must develop during the Asian session with a duration of 10+ hours!

Rule #3: An additional move out of the tight range in direction of the previous day must develop

Rule #4: Choose only those entry signals which occur at least 20 hours after the tight accumulation range started

Rule #5: Choose only those entry signals which occur at least 5 hours before the trading day ends

 

Mike says:

“The setups with the highest probability of success and those which produce on average a big subsequent move are the setups which produce the entry signal after 20 or more hours after the tight accumulation range started”

We know that we must not constantly count candles to trade the V-Power system, because the V_Power_EA will do this counting and the analysis for us.

RECAP

The EA gave us a signal when the next red box is drawn and the low of the actual day is lower than the lower of the previous day. This is already a partly check of the 5 rules.

The remaining rules need to be checked visually.

These red rectangles were drawn because a new low was reached and the previous 20 candles did not cover the same price level. As you can see in the screenshot these 20 candles concept in itself is already a great tool to detect the direction of the trend. The following screenshot shows the first red box and the space 20 + hours at the moment.

  

 

And these rectangles make it extremely easy to detect the high probability V-Power setups.

As soon as the first rectangle with a new color is drawn then we directly know that the direction of the trend has changed and that enough time (20 hours) has passed. This trend reversal could be a candidate for a high probability V-Power setup. 

All we have to do now on GBPUSD is to check if all 5 previously discussed rules apply which define the highest probability V-Power setups.

Rule #1: Search only for V-Power Setups after a day which closes near the high / low of the day!

This is the first rule to find our highest probability setups. Here is where the smart money silently prepares the Reversal. The price move during the Asian session should be a relatively tight range.

A tight range is a good sign that the smart money is silently accumulating it's own position.

The process of actively and silently accumulating a big position from the herd takes time. The smart money must carefully absorb the orders of the herd without producing big price swings against the previous direction.

On GBPUSD the price low was near to the price close. High (1.3277) - Close (1.3272) around 5 pips i.e it’s too close.

  

The price move of the day before the reversal occurs ends near the extreme price of the day.

Because the daily candle closed so strong many of the already positioned traders of the herd will hold their positions during the Asian session. And for the same reason many new traders will prepare for an entry in direction of the strong daily candle. The herd is strong bullish before the bearish reversal and strong bearish before the bullish reversal.

The smart money will use this confidence of the herd to dramatically shift the emotions of the herd from thrill/euphoria to anxiety!

And on the day before the bearish reversal occurs the herd is in the "bullish thrill"-state as you can see in the following screenshot:

 

Rule #2: A tight range must develop during the Asian session with a duration of 10+ hours!

Because it takes time to accumulate silently we will see a tight range which has a duration of many hours. Good ranges have a duration of 10+ hours.

"The price move during the Asian session should be a relatively tight range. A tight range is a good sign that the smart money is silently accumulating it's own position."

A free space develops below (when we wait for bearish reversals) and above (when we wait for bullish reversals) the tight range. We will later come back to this free space.

“The smart money absorbs short orders from the herd in that range”.

On GBPUSD we can see a range with a duration of 10 + hours and also a free space was developed below because we wait for a bearish reversal.

 

 

Rule #3: An additional move out of the tight range in direction of the previous day must develop

We need a special move after the tight range of the accumulation phase. This move should be into the same direction as the previous day and should be not too big.

This additional move brings the herd into the "euphoria"-state. The positions in direction of the trend are in good profit and live as a trader feels easy on that day.

The following screenshot on GBPUSD shows where the herd is in the "bullish euphoria"-state.

 

 

This additional move (upside move) is the final accumulation trick initiated by the smart money. New traders from the herd are induced with this move and the smart money takes the counterpart of those positions. This additional move also grabs protective stop-loss orders of many traders of the herd who were positioned against the direction of the trend and now get kicked out of their position by a few pips.

 

After the final accumulation move the smart money will use the emotional shift of the herd from extreme thrill/euphoria to anxiety to make money. The position which the smart money has actively accumulated during the tight range and during the final stop hunt move will now be distributed to the herd at a better price with huge profits. A new profit release phase (a new 3-day-cycle) has started.

 

The smart money stops the move by heavily absorbing all incoming orders (buy orders) from the herd. The smart money now no longer wants to keep their actions secret and allows that very clear reversal (bearish reversal) candlestick patterns develop. These patterns can be pin bar with long wicks, spinning tops, doji, long legged doji, hammer, shooting star, inverted hammer, hangin man and so on.

 

As you can see in the black arrow in the following screenshot a bearish candlestick (Engulfing Bearish (Tailed Bar)) was develop. That pattern is an early signal that the smart money will now probably reverse the price.

 Average Price:

It’s the average price nearer to the actual price. All the orders are absorbed to the position at best prices i.e the average price of the position of the smart money gets better.

We can draw a horizontal line between range low and the high of the stop-hunt for stimate the average price of the position of the smart money.

On the H1 time frame, we can see that after the price breaking below the horizontal (at the black arrow) the short position of the smart money is already in profit. See the chart below.

Sharp Reversal:

Right now, we must look for a sharp reversal against the previous direction. After stopping the trend of the previous 3-day-cycle (with reversal candle patterns) and further adding to the own position the smart money now produces the first strong and full bodied candle(s) against the direction of the previous day. This action forms a sharp reversal on the price chart with which the smart money induces anxiety into the herd.

“With the sharp reversal against the previous direction, the position of the smart money is already”.

The position of the smart money is already in profit when the traders of the herd start to panic and exit their position. The profit release phase for the smart money has started.

The panic of the traders of the herd produce the momentum for the Level1 of the new 3-day-cycle. 

With our high probability day trading strategy for forex we want to select only the best Level1 moves for our entries (Profit reléase phase of the Smart money= Level1 of the new cycle).

  

 

The V-Power Entry Signal and momentum for the Level1 of the new 3-day-cycle:

On GBPUSD we should enter short trade when the price gets below of the lower boundary of the accumulation range.

“Enter sell trades when the price gets below of the lower boundary of the accumulation range. Enter buy trades when the price moves above the upper boundary of the accumulation range.”

Only after these price levels are reached the inverted Vs (sell trades) and the Vs (buy trades) are completed.

We can see a V Formation and the price get below of the upper boundary. It also starts a new 3-day-cycle. See the chart.

 

Rule #4: Choose only those entry signals which occur at least 20 hours after the tight accumulation range started

Mike says: “the setups with the highest probability of success and those which produce on average a big subsequent move are the setups which produce the entry signal after 20 or more hours after the tight accumulation range started”

This means that a big enough subsequent move will occur after our entry to give us a good profit on a regular basis.

On GBPUSD after SELL signal, the price action drop around 120 pips.

The following screenshot on H1 Time Frame shows 20 hours after the tight range began:

 

 

Rule #5: Choose only those entry signals which occur at least 5 hours before the trading day ends

The biggest move of the day will nearly always occur between 7 GMT and 20 GMT!

We can expect according to the usual behavior of the market that a further big move after our entry signal occurs.

Therefore, Mike on the website https://www.perfecttrendsystem.com/day-trading-strategy-for-forex-v-power wrote :

“In my opinion an entry at 19 GMT should be the latest possible entry. All entry signal after 20 GMT should be avoided because the odds are against a big further move.”

The following screenshot of the time frame H1 shows that entry on GBPUSD was 7 hours before the trading day ends

The vertical dotted lines show the end of the trading day.

 

The trade is triggered when the 5 rules are fulfilled (labeled with a red ellipse) and after break steeper trend line. Entry @ 1.1859 and Stop Loss @ 1.1915

The profit target is hit at 1.1761  with 1.7R (98 pips). See the chart.

 

TRADE DETAILS
Currency Pair: GBPUSD
Buy/Sell: SELL
Entry Price: 1,3229
Stop Loss: 1,3309
Target Price: 1,311
Pips+/-: 119
Actual RR: 1,4875
Status: Closed
Strategy: V-Power within Golden Setup

 Analysis based on steeper trend line and major support/resistance at the moment

The following analysis are based on steeper trend lines and supports/resistances that are being tested or about to be tested.

For considering, the article posted on January 7th about steeper trend line: 

  • upward move = Section 1 (>0 degrees and < 30 degrees)
  • steep upward move = Section 1 (>= 30 degrees and <=45 degrees)
  • very steep upward move = Section 2 (>45 degrees to 90 degrees)
  • downward move = Section 3 (>330 degrees and <360 degrees)
  • steep downward move = Section 3 (<= to 330 degrees and >= 315 degrees)
  • very steep downward move = Section 4 (<315 degrees to 270 degrees).

I recommend doing the steps mentioned below either for V_Power or Golden Setup

V_Power_Setup

Chek all rules:

Rule #1: Search only for V-Power Setups after a day which closes near the high / low of the day!

Rule #2: A tight range must develop during the Asian session with a duration of 10+ hours!

Rule #3: An additional move out of the tight range in direction of the previous day must develop

Rule #4: Choose only those entry signals which occur at least 20 hours after the tight accumulation range started

Rule #5: Choose only those entry signals which occur at least 5 hours before the trading day ends

Golden Setup

  1. Switch to D1: Check major supports and major resistances with PTS_SuppRes_MTF_Indi indicator
  2. Switch to H4: Check major supports and major resistances with PTS_SuppRes_MTF_Indi indicator
  3. Switch to H1:
    1. Check steep upward / downward trend line on H1
    2. Check matured upward / downward trend on H1
    3. Check 3 -Days - Cycle + Climatic moves on H1
    4. Ckeck regular divergence on H1 with PTS_MACD_Divergence_Box_Indi indicator
    5. Ckeck V- Formation on H1
    6. Check Sharply and Reversal moves on H1 
  1. Switch to M30
    1. Check steep upward / downward trend line on M30
    2. Check matured upward / downward trend on M30
    3. Check 3 -Days - Cycle + Climatic moves on M30
    4. Ckeck regular divergence on M30 with PTS_MACD_Divergence_Box_Indi indicator
    5. Ckeck V- Formation on M30
    6. Check Sharply and Reversal moves on M30

 

Possible Long on USDJPY

Check all rules on V_Power and Golden Setup.

 

 

Possible Long on AUDNZD

Check all rules on V_Power and Golden Setup.

 

 

 

Possible Long on CHFJPY

Check all rules on V_Power and Golden Setup.

  

 

 

Possible Long on EURGBP

Check all rules on V_Power and Golden Setup.

 

 

 

Possible Long on EURNZD

Check all rules on V_Power and Golden Setup.

 

 

  

Possible Short on GBPUSD

Check all rules on V_Power and Golden Setup.

 

 

 

Possible Short on NZDUSD

Check all rules on V_Power and Golden Setup.

 

 

 

Possible Short on AUDCAD

Check all rules on V_Power and Golden Setup.

 

 

 

Possible Short on NZDCAD

Check all rules on V_Power and Golden Setup.

 

 

Possible Short on NZDCHF

Check all rules on V_Power and Golden Setup.

 

 

 

 

RECAP

SIGNALS FROM V_POWER AND POSSIBLE GOLDEN SETUP

 

   
   

 

Here you can read everything about the V-Power system and download a free version: V-Power System Explanation + FREE Version

By joining the V-Power community you will get access to a very active private telegram group with experienced members: Join the V-Power Community

 

 

 

 

 

About Me

I'm Mike Semlitsch the owner of PerfectTrendSystem.com. My trading career started in 2007. Since 2013 I have helped thousands of traders to take their trading to the next level. Many of them are now constantly profitable traders. 

The following performance was achieved by me while trading live in front of hundreds of my clients:

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