I’ve long said that Blash ‘Strategy’ is not so much a strategy as a collection of common sense trading principles, for which you can pick and choose to suit your own trading style. Which is why the style in which we are educated through PardoFX makes it the perfect place to learn to trade properly, it is a collection of fundamental principles and philosophies and not something that has to be adopted 100% – Whatever works for you, as long as risk management is on point you really cant lose long term trading this way. On course Risk management is the one part of Blash that I would insist on you adopting, you really don’t need to trade with more than 2% risk per trade to make a huge accounts, as we are proving and finding.
I think its important to establish that point before we talk about the evolution of Blash with Version 4 on the horizon, since I’ve been asked so much about it, here is the upgrades in a Nutshell, so far. Without providing too much strategy information.
Version 3 will always be valid, it works wonders as we know, no need to disperse of it. Hotspot access as always is available via the PFX Premium area (Members Only)
- Updated minor confirmations on a couple of the faster moving pairs such as GBPNZD.
- Hotspot Technology having all dynamic confirmations and candles back-tested for a success rate allowing you the opportunity to pick & choose the best confirmations per pair if you wish too.
- Selected Best set-up to look for percentage wise.
- Updated V3 document
- ‘Best set-ups’ for each pair will be back tested using ‘Monkey See Monkey See’ across Facebook Live over time & saved within V3 unit on Facebook.
Very much focused on the mechanical movement of price for those with highly evolved trading emotions, I believe this will be the pinnacle of our trading here. Using Hotspot research to trade only with the best confirmations. Removing the excess and removing some restriction on entry area, V4 will allow us more trading opportunities and will probably result in a few extra losses, but the profit per trade should greatly increase. The philosophy here is’ Only trade what works best in the past’ and trade it regardless of external factors. We’re really looking at statistics here and the best option to consistently compound our account is to trade confirmations which have an 80% success rate any time you use it, that accuracy is likelier to be higher if its only in the ‘common sense’ locations. Again access is via the same spreadsheet through the members area.
- Enhanced (Tweaked) pair specific Minor confirmations using pair profiling.
- Enhanced (Tweaked) pair specific Major confirmations using pair profiling.
- In depth look into daily movement & volatility.
- Average draw-down and success rate of specific confirmation to dive down and get those stop’s as tight as possible.
- Likely trade movement using the double range principle.
- Best Candle Signal.
- Best Price Action signal.
- 4H Scalping option.
- TP using Daily Guide.
- Allows users to really pick just a few pairs and go to town on them, trade them for life.
- Likelihood of Price hitting a TP point.
Of course, it will take time to implement everything, but I estimate it will be complete within the next 45 days. Until then, lets Blash it up like we have been doing anyway!
Obviously, if you are a current re-subscriber, you an see it getting built through the Hotspot spreadsheet.