hi everybody Alex du Plooy from Expert4x and in today's video we're going to be looking at
a manual trader who has created 1,000 percent return over four weeks in our forex trading
competition now as you may know we've got a forex trading competition going over a five-week period
there's one week to go and the leader uses a scalping a that is quite revolutionary in fact
he gave me access to this EA and I was able to trade $5,000 to over a million in a couple of
hours so very powerful EA and it is unlikely that this trader will be touched in the forex trading
competition but lost in this great euphoria is a fantastic manual trader and we'll look at this
manual traders technique in a little bit more detail but using your special technique he has
been able to generate a 90% success rate as well as a thousand percent return on equity
using a special top-up technique which is also going to be a subject of one of our future yes
so without further ado let's go and have a look at the competition just a reminder to join our
mailing list for more information about our forex trading techniques and also developments in the
forex trading market so on your screen you'll see the status of the current competitors in
the forex trading competition it's a six thousand dollar prize money competition that's a challenge
we do these competitions to try and find traders with very special trading talent now as you can
see this FX winner is the guy with the very specialized EA now he can basically push this
to any number he wants literally he's got that amount of control he has basically taken control
of most of the top 12 but in the ninth position we have a person called the 1-2-3 ethics insane
who from what I can tell and I must stress this this is from what I can tell has a unique trading
talent so let's have a look at that particular talent now today is the 24th of July the if we
look at the rules of the competition it ran from the 21st of June and it will run until
the 29th of July so there's literally one week left in this competition so let's have a look
at what this trader has been up to so currently the results aren't that great in that there is
a bit of a drawdown happening right now on the account and but but in spite of the slaughter
now on the street in spite of this drawdown the trader has generated a return of over $1,000 so
if it closes all these deals today he will have a return of over 1,000 percent his success rate
is 90% again and he has generated 7800 perps with his close deals on the stress these are
the close deal statistics down here so as I say the big advantage of this trading is that if you
close all the deals right now you have a return of over a thousand percent so he'll let's have a
look at what he's been up to and specifically I'd like to look at the closed orders to give
you an idea of the technique that this trader uses this trader uses a technique very similar
to the double-ended a technique which basically says if you've found a good trade top you're tied
up and top it up more on top it up more and you will get more out of the trade by topping it up
then just having a start lot size and in the end Lots now on your screen you can actually see that
here's an example of a trade that occurred on the cad yen it occurred at a certain lot size and it
was then topped up and topped up to give a higher return than just trading a normal trade same thing
with a CAD initial transaction see this seems to be a formula for the top ups and he's talked at
the four times and created a better return on his trade of the yen same thing initial transaction
and top up the yen initial transaction and top up your a Caird initial transaction and top up
yes one that went bad right away so the beauty is when a transaction goes bad you just just
get stopped out and it does get stopped out at a loss but you don't top it up so your your losses
are contained yet your profits or your profitable trades are increased so here we have another one
topped up and oh and there were four top ups in this particular case which really increase the
profitability there's another failed transaction once one transaction end of story and the loss was
taken on the nose another one there was a failed failed start but then have a look at the other
year a nice top-up opportunity which turned out quite profitable yes a single parent transaction
very interesting that that wasn't topped up a year a cash transaction also interesting
that that wasn't topped up and so on so we can look through his head 133 trades the success
rate as you can see is pretty high and this is an example of a manual technique using a sound entry
process now I should imagine that the strategies using weekly daily and four hours charts to make
long-term decisions because if you look at the pup gains there there's some pretty big
good games 200 per games and all all mostly over a hundred Pepsi is finding resound entries into the
into the market not really difficult to do if you are an experienced swing trader using either very
strong break art techniques very strong reversal techniques so I thought this might just be of
interest give you an idea of what's going on using a very similar process that we use in the double
in a day technique and also use it we are now building this type of facility into most of IES
you'll be able to automate the tapa process when using many of our EAS in the future also the tapa
process will be more controlled you can actually determine exactly how you how much you want to
top-up in it at which level so very similar to the trading technique that this traders using
and that's why I've highlighted it and that's why this trader has has generated a thousand percent
return because he's got a good entry technique but also he tops up and tops up in tops up and
makes the trade very successful I've given you some ideas on how you can successfully leverage
your forex trading using a top up approach from communication in the past I know this particular
trade and I know he's a competent trader sound entries and he has developed this topic approach
over the last couple of months which has been very successful and as which is and which is allowed
him to leverage his gains in this forex trading competition to well over thousand percent where
the this competition allows multiple accounts to be used he has only used one accounts and he has
put all his eggs in one basket and that basket has produced a thousand percent return again
from me Alex I hope you enjoyed this and cheerio just a reminder to join our mailing list more
information about our forex trading techniques and also developments in the forex trading market