Are you inconsistent in your forex trades?
Are you a nervous trader?
Do your emotions get the better of you or take over from logic sometimes?
Some people make thousands on the forex market daily, many live a …
It is estimated that as many as 95% of new forex traders lose and eventually drop out of trading altogether after losing most of their initial investment.
4 Main Reasons why traders fail
Why do most new forex traders lose? Here are four main reasons:
Treating Forex as a Get Rich Quick Scheme. Many amateur traders simply do not take the time to properly learn to trade the forex market. They want to get rich overnight, so they learn the basics, open a demo account, practice trading for a week or two, and go live. After all, since there are only two directions you can go, how hard can it be to pick one direction? Eventually, with too little knowledge and no experience or market savvy, they crash and burn. Then quitting online trading altogether seems to be the next best option. Read the full story »
Hi all. I decided to put on my own system for you guys to check it out.
I’d also recommand checking it on demos before going for the real deal. nevertheless, from my expreience with it, it’s …
My Day Trading Tips
Hello fellow Pippers and Pippettes,
The name’s Lang Effi Lang
When I started trading the Forex a year back, it was a means to answer circumstances of immense financial desperation.
I had gone through every online program …
I have always wondered how to pickup big moves in the market, until I found this indicator. So I am going to share how I use it, and how can you set it to your …
Hello there, i have been in and out of the forums for some years now, and i have finally decided to share my system. This is something i have spent many years tweaking and playing …
DAILY CROSSOVER SYSTEM ——————————-
Time Frame: Daily Charts
Currencies: ALL
Indicators: 2 moving averages + 1 MACD (Not actually used…read on)
Duration of Average Trade: Days, Weeks
RULES FOR SYSTEM ——————————–
I will attach the template for my system below.
LONG ENTRY: Blue …
Alright, I know a lot of traders(especially newer traders) aren’t too familiar with the Ichimoku Kinko Hyo trending system, and some more (so-called) experienced traders have a downcast opinion of it.
Personally, this is the greatest system …
The best thing about my two strategies is that they work for people with jobs or going to school like me. The first strategy can be done in about 30 min once a week for …
I’ve noticed that a lot of people are interested in the NickB method. Nick was a blogger last year, but his method never caught on and his blog died out…
I think part of the problem is …
I would like to share with you a system that has consistently been successful for me, that I would like to call OzFx System.
What can You expect?
This system has a potential of banking 100–800+ pips per trade …
Name : Urban Towers Scalping Strategy by urbanforex
Indicators : Blue MA
Time Frame : 15min
Description : During a trend, when the market retraces to the blue MA with at least 3 consecutive lower highs (3 towers), we …
This is a compilation of things I have learned from many different full time traders. I traded this method for three months on demo and was profitable every month. LAter I saw this method being …
All of these trades yielded:
Total Profits: (+32pips +68pips +102pips +32pips +71pips) =305+pips on the EURUSD in one day!
Gig System Trade Setup:
o 15 minutes Chart
o Pivot points calculation
o Trend lines drawing
o Channels
o Moving Average( 50SMA)
How it works:
I use 15minute timeframe because …
System is very simple, filtered by other indicators, as follows:
– Timeframe: 30M
– 8 EMA (applied to Close) & 13 EMA (applied to Open)
– Trend lines & Regression channels to help spotting intraday breakouts
Filters:
– 8 %R …
Use the four indicators attached. When all four are indicating one thing i buy.when one indicator indicates a trend change i close position.
Use the 1 hour time frame.
Download the zip drive and save the indicators one at …
Let’s start off with a brief segment about how I view the forces that drive the markets and thus control how our charts look.
What is a market? The answer according to me is that a …
Trying out the “Big Ben System” today, so woke at 6:45am (UK time) set up the charts for GBP/USD and noticed there had been little movement throughout the night. at 7:00am on the dot I …
Hello traders. I have embarked on a new trading method and I wanted to share it with you.
First I want to say I did not invent this system and all credit should go to a trader …
10,000 pips per year? Possibly!
In fact you’ll RARELY see a strategy as effective and simple as this one. And in fact if you follow this strategy faithfully there’s an excellent chance you’ll never record another …
Indicators:
MACD: 12, 26, 9 – used for spotting divergences
Stochastic: 14, 3, 3 – used for confirmation
Entry Signals:
Entry signals are simple enough.
First, you wait for a divergence to form between price and MACD. That means:
If price is …
If you need instructions on how and where to save your indicator and template files then do a search on youtube.com for “Urban Forex Metatrader 4 Tutorials : Adding Indicators and Templates ”
If your chart …
A message from the author:
System 2012 indicators used with following setting
Not a single indicator repaints in this system
1. TTF trend trail — its candle indicator with default setting
Buy when candle green sell with red when …
A word from the author:
You should NOT read this if:
1. You do not know the basics of how Forex trading works. If you don’t know what the terms “leverage” and “margin call” mean then you are …
This is not a “system” so much, but a strategy with clearly defined entries & exits along with money management rules. The idea is to give a new trader a way of reading price action …
What is Stop Loss Hunting?
As you’re aware, forex brokers make money whenever you take a position. They charge you some pips when you buy or sell a currency pair. The amount of pips that brokers …
Ideally, what we require is a trading system and strategy that is going to give you an easy 10 – 15 pips a day, in and out, job done. No more hanging around for signals …
