Runner Trick EUR/USD: A Trading Strategy for Consistent Profits

The Runner Trick EUR/USD strategy is designed based on the assumption that the EUR/USD currency pair has a relatively stable and trending nature, making its movements predictable even without complex indicators. In this article, you will find easy ways to leverage trading opportunities with practical steps you can apply.

What is the Runner Trick EUR/USD?

The Runner Trick EUR/USD is a trading strategy that capitalizes on the relatively stable characteristics of the EUR/USD currency pair, which often follows a clear trend. This strategy does not require technical indicators but relies on the early price movements of the day to determine the trading direction and profit targets.

Initial Preparation for Trading

Before starting trading with the Runner Trick, you need to make some initial preparations:

1. Check the Lowest and Highest Price Data:
• Time: Morning between 08:00-13:00 (WIB).
• What to Check: Check the lowest and highest prices for the day.
2. Record the Highest and Lowest Prices:
• Highest: Note the highest price (High) of the day.
• Lowest: Note the lowest price (Low) of the day.

Trading Rules with Runner Trick EUR/USD

Here are the steps to apply this strategy:

1. Identify Market Conditions:
• Daily Range: Check if the EUR/USD price movement range today is between 80-120 pips.
2. Determine Entry Levels:
• Grid: The normal distance between grids is 15 pips.
• Buy/Sell Signal:
• Buy: If the price moves 30 pips above the highest price of the day.
• Sell: If the price moves 30 pips below the lowest price of the day.
3. Open Positions:
• Open Buy/Sell: Enter buy or sell positions based on the price movement that has occurred.
• Target Profit (TP): 20-40 pips.
• Stop Loss (SL): 30 pips.
4. Manage Positions:
• If Price Moves Favorably: If your position is profitable and the price moves 10 pips in the right direction, raise your SL by 10 pips to lock in the profit.
• Trailing Stop: You can also apply a trailing stop every 10 pips to secure larger profits.
5. Monitor Market Conditions:
• Volatility: This strategy is more effective on currency pairs with moderate volatility, such as EUR/USD.
• Avoid High Volatility Pairs: Do not use the Runner Trick on pairs with high volatility like GBP/JPY.

Example Setup for Runner Trick EUR/USD

Time	Lowest	Highest	Current Price	Distance from Highest	Distance from Lowest	Action	TP	SL
08:30 WIB	1.0900	1.1000	1.1020	20 pips	30 pips	Open Buy	20-40 pips	30 pips
10:00 WIB	1.0900	1.1000	1.0910	-	10 pips	Trailing Stop	-	-
12:00 WIB	1.0900	1.1000	1.0950	50 pips	-	TP or Trailing Stop	-	-

Tips for Implementing Runner Trick EUR/USD

1. Use a Low Spread Account:
• Ensure you use a broker with low spreads for the EUR/USD pair to maximize profits.
2. Stick to Your Trading Plan:
• Follow the trading rules with discipline and do not rush to change strategies based on short-term price movements.
3. Adhere to Risk Management:
• Make sure to set stop loss and profit targets according to your trading plan.
• Use an appropriate risk/reward ratio to ensure long-term profitability.
4. Monitor Economic News:
• Although this strategy does not use technical indicators, pay attention to economic news that can affect EUR/USD movements.
5. Practice on a Demo Account:
• Before applying this strategy to a live account, try it on a demo account to ensure you understand the rules and setups correctly.

Example Trading Using Runner Trick EUR/USD

• Date: July 15, 2024
• Lowest Price Today: 1.0920
• Highest Price Today: 1.0970

If the current price is 1.0990:

• Highest Price Exceeded: 1.0990 > 1.0970 + 30 pips
• Action: Open Buy at 1.0990
• Target Profit: 20-40 pips (e.g., TP at 1.1010 or 1.1030)
• Stop Loss: 30 pips (e.g., SL at 1.0960)

If the current price is 1.0890:

• Lowest Price Exceeded: 1.0890 < 1.0920 - 30 pips
• Action: Open Sell at 1.0890
• Target Profit: 20-40 pips (e.g., TP at 1.0870 or 1.0850)
• Stop Loss: 30 pips (e.g., SL at 1.0920)

Advantages and Disadvantages of Runner Trick EUR/USD

Advantages	Disadvantages
Simple and Easy to Understand: Does not require technical indicators.	Risk of Loss: If the price does not move as predicted, there is a risk of loss.
Can Be Used on EUR/USD Pair: The most traded currency pair.	Not Effective for High Volatility: Not suitable for currency pairs with high volatility.
Utilizes Trend: Uses price movements to determine trading direction.	Dependent on Daily Range: Requires a suitable daily range for strategy effectiveness.
Flexible Position Management: Can use trailing stop to manage profit.	Time Requirement: Requires regular market monitoring for proper entry and exit.

By understanding and applying the Runner Trick EUR/USD, you can take advantage of the stable and trending price movements of the EUR/USD currency pair to achieve profits in forex trading. This simple yet effective trading strategy for this currency pair is based on observing the lowest and highest price movements of the day. By following the rules and tips mentioned, you can maximize profit opportunities from EUR/USD price movements and keep your trading risk within reasonable limits.

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