Aug 27 2010
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Forex Trend System! Trend trading is highly profitable. Trend trading is what can make you a fortune only if you can learn the art of identifying a trend at the right time and exiting it before the trend reverses itself. Here lies the problem, many traders can't figure out how to identify a trend. Many also can't figure out when the trend will come to an end.
If as a trader, you can't figure out how to identify a trend and how to know in advance when a trend is about to come to an end, you should stay away from trend trading as the chances are that you will end up taking a huge loss in the market.
So, how do you identify when a trend is about to begin. You can use a number of chart patterns like the head and shoulder, double top, double bottom, ascending triangles, descending triangles and a host of other chart patterns that can help you identify when a new trend is about to start. Easier said than done!
Many traders can't even identify these chart patterns on the chart what to talk of identifying when a trend is about to start. In the same way, these very same chart patterns can be used in knowing in advance when a trend is about to reverse itself. You can also use trend reversal candlestick patterns as well as trend continuation candlestick patterns in conjunction with these chart patterns.
But these things are easier said than done. Mastering these chart patterns as well as mastering candlesticks is not easy. Even many experienced traders have difficulty identifying these chart patterns. So, drop the idea of trading trends? No, not at all! What you need is a good trending indicator that has been programmed by the developer to identify when a trend start and when it is about to end.
Meet Gary. Gary has been a trader for around ten years. He has been trading forex for the last seven years. Just like any other forex trader, he bought every new forex course, he also tried every new trading system, blew up his trading account a number of times and couldn't figure out how to make consistent money in the forex market.
Bu through hard word and long hours of trial and error, he has developed this Forex Trend Indicator. This is a very simple and easy to use trending indicator that will make you free of identifying when the trend starts and when it ends.
You can use this simple and easy to use manual trending indicator on your MT4 platform. It comprise three trigger lines that tell when the trend starts and when it ends. It tells you when to buy with a blue color and when to sell with a red color. Whatever, this is a very simple trending indicator that can give you more winners than losers without you ever bothering to study chart patterns or candlesticks.
It will give you an email alert or an audio alert when the new trend develops in the market. You can use this trending indicator on any timeframe above the 15 minutes chart. But it works best on the one hour chart. It gives very good results on the lucrative and the highly traded currency pair GBPUSD although you can trade any currency pair with it.
It is always a good idea to first practice on a demo account and develop a feel of how a system works under different market conditions. When you test it sufficiently, you can start trading live with it. You can try this Forex Trend Indicator on your demo account RISK FREE for 60 days!
Jun 15 2010
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Forex Scaping Cheatsheets FREE plus the 10X Scalping System and the Hot Time Indicator FREE. Forex markets are huge unlike the stock market which can be manipulated by a few big players in the market. What this means is that a strong trend cannot be sustained in the forex market without the pouring of tremendous amount of capital in the market by the big players. This is unlike the stock market where few big players placing orders can drive the stock price up.
So, you can compare a trend to a river. It is always easier to paddle in the direction of the river! Your speed of paddling can be assisted by the speed of the current. For if the current is real strong, you can make a fortune. What this means is that trading a strong trend can be highly profitable. But how do you determine whether the trend is real strong or not? Now, if the trend is real strong and persistent, it is very likely that big money of institutional traders is at work.
Now past observations have shown that a strong trend in the forex market has a strong tendency to pullback to a key moving average before resuming the trend. There is strong evidence to suggest that in strong trends, the pullbacks to the 10 day exponential moving average makes a particularly effective entry points for forex traders. This is because the big players are using this moving average to determine their own entry points to the market.
So how do you filter a strong trend from a weak trend? Now, we have said that the 10 day EMA is going to be our focus when trading strong trends. Wha we need to do is to add a filter based on this exponential moving average (EMA) in order to be sure that this is no ordinary trend.
So in case of an uptrend we want the 10 day EMA above the 20 day exponential moving average that should be above the 50 day EMA which should be above the 100 day EMA. Plus the price action should be above the 10 day EMA for a period of at least 10 candles to confirm that this is a real strong uptrend.
Similarly in case of a downtrend, the proper order of the EMAs should be 200 day exponential moving average above the 50 day exponential moving average that should be above the 20 day EMA which should be above the 10 day EMA. Plus the price action should be below the 10 day EMA for at least 10 candles to confirm that this a real strong downtrend.
Mar 24 2010
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FAP Turbo the only proven money doubling robot. This's gonna be cool, really really cool, and I'll keep it short. Here's an extremely cool trading system to help you to pull in a LOT of profits... while not having to spend time & effort making all of those difficult trading decisions. You can have it flat out for FREE ! Plus, there's a very interesting and inspirational video about some tale in Africa, and I think it's really worthy to spend 5 minutes to watch... It's something that kicks right into your mind, something very inspirational. Go watch it, and download your free trading system now:
FRESH and UNIQUE and FREE! Good Free Trading System...Yours for free...We have something FRESH and UNIQUE for you today... and most important, at absolutely ZERO COST! Bryan is the mind behind several of the best performing Forex trading systems in the market - a truly gifted trader. He released his Trend Dashboard Indicator a few days ago and it took trading community by storm. Today, Bryan has just done that again by releasing a trading package containing one of the best FX trading strategy he has created to date... ...and, of course, totally complimentary (you can just download it and start using it)! You can get your "Trend Explosion System" trading package here (download instantly):
We have seen this package and all we can say is that it ROCKS! Here are some cool features
- Complete rule-based mechanical trading system
- Very easy to set up and follow
- Requires only 10 minutes each evening to trade.
- Uses unique proprietary techniques to generate signal
- Removes all emotion from trading.
- Requires no previous experience.
- Trades that often rake in up to 100-200 pips
It's so simple and easy to use even for a greenest newbie trader. We recommend you act fast since Bryan is not leaving this page up for long.
Steve from the FAP Turbo Team: You know with all the time that has passed since the release of the original fapturbo over 65.000 people have taken up a copy. We inspired alot of EA developers and alot of forex robots have flooded the market since then (with 90% beeing useless crap -< on a sidenote).. But there also has been some positive movements and we ourselves got inspired to push the envelope further. We keep working on our beloved fapturbo and to make things short:
The next FREE Fapturbo update is just around the corner!
It`s going to be called Fapturbo 50 and will include another currency pair that can be traded and alot of changes ! You know with all this time passed and the effort spent I really grew attached to you guys... It`s funny if you think that we are going trough the same situations rejoicing on profits, watching MT4 execute trades, while swearing and cursing when things don`t go our way :) Thinking of that I wanted to get on a much more personal level with you ! As you can imagine we get alot of support inquiries and have highly trained staff handling that.. please understand that I can not give any personal support on fapturbo.
BUT.. I can listen to your feedback, I can get new ideas and maybe I can teach you a thing or two about marketing, starting up your own business and more ;) I want to close this letter with a real BANG..and before you start asking: YES its real money and YES its an upcoming project going to carry the ASAAB Tag (As Safe As A Bank). Im going to write more frequent and personal newsletters from now on so stay tuned for new and hopefully industry changing suprises! And again: Thanks for being with us on this. You are a highly valued member and it`s a pleasure for me having you on board!
Mar 18 2010
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Forex Brilliance and download this powerful Multi-Timeframe Trend Dash Board FREE just now. This is the Ultimate Trend Trading Indicator that uses 4 built-in trend detectors to catch the trend with stunning accuracy and displays the trend on 7 different timeframes. Get these
Forex Scalping plus
Correlation Trading Cheatsheets FREE. As the saying goes, "Tell me where the market has been and I will tell you where it is going to go." The first step you need to take is to draw all the uptrendlines and downtrendlines including the inner, outer and the longer term lines. This is done so that you know if the market is in an uptrend or a downtrend or whether the trendline has been broken signaling the potential end of the trend.
You also use the ADX indicator combined with the DMI indicator to determine whether the market is in a strong uptrend. Now find the latest upward rally AB in the market. Most trading software now has the Fibonacci Retracement and Extension Tool. If you are a currency trader and use MT 4 then you can easily find this essential tool in the menu.
As you use the Fibonacci Retracement Tool, start by connecting the latest rally AB in the uptrend. The settings in your trading software will automatically draw the Fibonacci Retracement and Extension levels. Find a C point such as morning star candlestick pattern or the bullish engulfing pattern or a hammer. Plan to place a stop loss. It should be commensurate with what you can afford to lose. These candlestick patterns tell you that the price action is about to reverse soon.
Find the projected Fibonacci Extension D (1.27%) as well as four levels of past resistance. Use a trailing stop. Hey, you are trading an uptrend. This way if the price action begins to retrace, you are not going to lose your profit. Calculate your reward to risk ratio. Reward is obtained by the number of pips between the entry and the Fibonacci Extension. Risk is the amount you are prepared to lose if the market does not do what you want it to do. If this reward to risk ratio is more than 2, enter the trade. Otherwise skip it and wait for another chance. Similarly in a downtrend, first confirm it. Draw the Fibonacci levels with the trading software taking the latest swing. In this case the Fibonacci levels will be the reverse of that in the uptrend. Calculate the reward to risk ratio. It should not be less than 2. Wait for the candlestick patterns mentioned above to make an entry. That's it! The importance of using Fibonacci levels lies in the fact the market tends to bounce at these levels. Understanding that nature exists in the market and how it works, places a trader at a great advantage!
Mar 10 2010
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FRWC Brutal Truth FREE Report on forex robots just now! This is a must read report that has got premium content that you shouldn't miss! One of the best swing trading strategies is to ride a trend. Trading trends tends to be more profitable as compared to trading ranges. The beauty of trend trading lies in the fact that you don't need to manage the trade a lot. In an uptrend the currency pair or the security price will continue to rise.
Entering a trend early in the first few days allows you to enter when the risk is lowest. Entering a trend when it is already weeks or months old raises the chance of your getting on when you should have been getting off. The difficulty in trend trading lies in identifying when a trend has started and knowing when to get off quickly when the trend is over.
So the biggest risk for a trader engaged in swing trading trend lies in the possibility of entering a trend when it is just about to end. Someone has described this phenomenon of entering late in the trend as like a dog chasing speeding cars. It may be fun for sometimes but eventually the dog will get run over by a speeding car.
You need to learn how to minimize your risk of riding a crashing trend. You need to develop a swing trading system that lets you only enter trends at the right time and stops you from riding trends about to end. How do you identify that you are about to ride a beginning trend or an ending trend?
You should use an ADX indicator and only enter if the reading is above 20. However, in all aspects of trading nothing is 100% sure. The best thing you can do is to put the odds in your favor. You can use charts or technical indicators. Charts are much easier. Especially if you know the typical Candlestick patterns that signal a trend reversal like the hanging man and the hammer, you can know for sure that the trend is about to reverse and a new trend is about to start.
You can also use moving averages or MACD. Another approach in swing trading trends is to wait for the trend to pause and only enter on the day of strength or weakness. Whatever, method you use, make sure you only enter the trend after you have confirmed the trading signal. Combination of indicators and candlestick patterns can be highly effective in telling you when to enter the trend and when to exit.
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