This system was created by Noorx. Its success rate is incredible, almost 100%. But unfortunately it removed its thread and stopped updating it, so I will pick it up from here. Broker time: GMT+2 Indicator: RSI(14
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This system was created by Noorx. Its success rate is incredible, almost 100%. But unfortunately it removed its thread and stopped updating it, so I will pick it up from here. Broker time: GMT+2 Indicator: RSI(14
OPERATIONAL NFP (5 August)
I don�t understand why they keep questioning the logic of the system if it was clearly explained that it depends on the timing of the RSI crossing with respect to the event. If you can�t follow a clock and measure 2 hours, it�s not that the system fails, it�s that you�re operating without discipline. This is not magic, it�s observation, patience and execution. Of course, no one is obliged to follow it. But if you try it three times and already decide that it doesn�t work, the problem is probably not the method. Give it time, adjust your interpretation, and above all, don�t go into huge lots crazy. Forex isn�t a casino... although some people love to play it as such.
Thanks to those who continue to contribute with ideas and corrections. This is a collaborative process and if we continue with this level of analysis, we can refine the rules of the system much better. I have already started to document results in different conditions and I can say that there is consistency if the parameters are respected. The fundamental remains the synchronization with high impact events. It is not useful to apply it in any minor news or in pairs without liquidity. I am also developing a visual template to automatically mark the observation periods. As soon as it is ready, I will share it with everyone.
Okay, to those who are trying to use this system to operate on minor events like the Swiss CPI or any Canadian random data, I'm telling you right now: they're wrong. The method was designed and tested for top-notch news, where the impact on the market is real and strong. Don't expect miracles in mediocre conditions. This is like wanting to measure the power of an F1 engine in a dirt alley. It's not going to work. Choose your head battles and don't blame the system if you're misapplying it from the start.
To those who ask to sum up the system in two sentences not to read everything: no. This is not a method for lazy or impatient people. If you can�t spend half an hour reading the rules and understanding how to apply an RSI on an M1 chart, maybe you should rethink yourself if trading is your thing. I�m not being borderline, just realistic. Most people lose money on forex because they want shortcuts and don�t respect the process. This system is simple in structure, but it needs precision. It�s not pushing a button because someone said it on a forum.
I have noticed that many are confusing the last crossing of the RSI with the most recent one. Please check the chart well: use the last crossing before the 2 hours of observation starts, not the last one you see just before the news. That completely changes the entry. The correct interpretation of time is critical. I am already working on a step-by-step visual guide with real examples so that there are no more doubts. This is not about improvising, it is about reading the signals well and understanding the context.
Today I operated the IPC data in the U.S. and the system worked perfectly. The RSI crossed 70 an hour and a half before the event and remained that way until the publication. I went in long and closed with +19 pips in less than 10 minutes. It fulfilled as designed. I don�t say it will always be so, but when the market is aligned with the economic calendar, the results are consistent. I insist: this is not a magic formula, it�s one more tool. If you combine it with head and risk management, it can be very powerful.
Those who are asking for an EA to automate this: it doesn�t make sense. The method is based on a context reading that goes beyond just fixed rules. You have to interpret, observe how the RSI moves and the volatility around the minutes before the news. An EA won�t substitute for human judgment in this case, at least not without a fairly advanced AI system behind it. Better understand the logic and run it manually until you have enough criteria to automate specific parts.
I have seen a couple of entries where some got ahead 15 minutes before the event without the RSI being in position. Result: stop loss activated in seconds. This system is not for impatient or for those who think themselves smarter than the market. The method is not infallible, but it is structured. Breaking their own rules only leads to chaos. Learn to respect the conditions, wait for them to be fulfilled and do not get ahead. Emotional trading is the worst enemy of any strategy, however good it may be.
I want to share an important observation: when the crossing of the RSI occurs very close to the event, the system loses reliability. Ideally, it has passed at least 30 minutes before the announcement. This avoids operating in artificial over-purchase or over-sales zones. When the market enters "wait" mode, the movements of the RSI can be false. If you see that the crossing is very recent and the market is flat, you better not enter. Sometimes the best operation is the one you do not do. This system also requires knowing when to stay out.
Some ask if this can be applied to GBP/USD or USD/JPY. Technically yes, but you lose accuracy. EUR/USD is the most liquid pair and reacts cleaner to key news. If you go to other pairs, you must first validate if the behavior is similar. In my tests with GBP/USD the results were more erratic. There is more noise from high volatility and movements do not follow the logic of the RSI pre-news so clearly. If you want to test it in other pairs, do it in demo and register everything before risking real capital.
I see some of you are late and still expect the system to work the same way. If you�ve already passed the optimal time of entry, what you�re doing is lottery. Don�t confuse strategy with momentum. Entry is as important as direction. It�s like wanting to get on a train that�s already leaving the station: you may still reach it, but you may also be hanging on the platform. Be punctual, follow the plan, and if you miss it, wait for the next chance. There�s always another one.
I have received several queries as to whether this method can be applied in side markets. The answer is no. This system needs an excuse to move the market, and that gives it powerful news. In consolidation or narrow ranges, the RSI does not offer valid signals. Insisting on trading in those conditions is wasting capital and energy. For side markets there are other approaches: this is not one of them. Here we only seek action, movement, rupture, impulse. If there is no such thing, we better not touch anything.
A recommendation that can help a lot: use a timer or alarm just when you start the two hours before the event. So you won't have to do mental calculations about whether it's been 100, 120 or 140 minutes since the RSI crossing. Small details like this greatly improve the accuracy of your tickets. Technical trading requires concentration, but also organization. If you reduce silly mistakes, you increase your success rate. And in this system, time is everything.
The system does not need sophisticated indicators or payment tools. Only the RSI and your attention. Simplicity is one of its strengths. Don�t be fooled by those who say that without a $1,000 setup you can�t win. Here what you need is discipline and tracking to the letter. You don�t need 20 indicators or three screens. One window, RSI(14
I have noticed that there is a confusion between the crossing and the breakout. They are different things. The crossing refers to the passage of the RSI over the levels of 30 or 70. Breakout is when that crossing is maintained and does not return for a certain period. The important thing is not only that it crosses, but when it did, and whether it has crossed again or not. That information defines the entry. So please do not operate just because you see the RSI in 72. Check the entire temporal context before pressing the button.
Today was one of those days where the system simply does not give clear signal. The RSI crossed 30 but then stayed between levels for more than two hours before the event. There was no confirmation to get into any sense. And that�s fine. Not all sessions have opportunities. Part of professionalization in trading is knowing when to stay still. Force operations where there is no structure is safe recipe for losing money. Learn to wait.