E junkie forex
My aim is to earn consistent 10 - 20 pips per day using any simple method. Hi how have you got on with this strategy, what pairs did you find best and is this still a good strategy to use? The results are good. But it is a bit difficult strategy and you need patience. Awesome thanks, i have been trying it out, since December 12th i would of made 92 pips profit, not alot, but thats only on EURUSD, but im happy with low risk, low reward. Thanks for sharing it is much appreciated. The explanation as per the author: THE FOREX TRADING SYSTEM EXPLAINED. The currency forex pairs this system works with are. Pick the vertical line from the tool bar and demarcate the previous day from the present day make sure the line shows the present day's first candlestick at Pick the horizontal line from the tool bar and divide the first candle of the present day into two. Call this line; line X. Count 40pips above line X and draw another horizontal line exactly 40 pips above junkie X and call this line; line X1. Count another 40 pips above line X1 and draw your horizontal line X2 exactly 40pips above line X1. Count 40pips below line X and draw a horizontal line forex 40 pips below line X, call this line; line X3. Count another 40 pips below line X3 and draw junkie horizontal line exactly 40pips below line X3. Your forex Chart should look like this. Line X is the starting point, allow price to dance between line X1 and X3 until it picks its direction for the day. Set your buy stop on forex X1's price value, your take profit must be at line X2, stop loss must be at line X4. Set your sell stop junkie line X3's price value, your take profit must be at line X4, stop loss must be at line X2. Instance 4 and 5 happens around thrice a month in the currency pairs this system works with. To reduce junkie number of Instance 4 and 5 in a month, repeat the pending orders explained above immediately you take your first profit for the day making the triggered take profit your next starting point. That is your line X. With this system, you can catch 40 pips out of every 81pips price junkie no matter the direction it goes. But let's just say 90pips to be on the safe side, 90 pips was the criteria I used when doing my research, price can have up trends for three months, moving thousands of pips upwards or downwards. Once the direction has started these pairs find it difficult moving 80 pips in the opposite direction in the same day. Consequently, if the price moves pips upward or downwards in a month, you'll have the chance of catching almost pips during such a month. If you will use junkie system you need to rule out greed. Below is the blue print for entering positions when using this system. The Forex broker Account below starts with USD and after 15 Trades became 4,USD. Please stick to the rules of this forex system. Don't be too much in a hurry. You are expected to use half of your buying power in setting both trades. This enables you to enter a hedge when instance 4 and 5 above occurs. Never wait for price to cut X1 or X3 and use all your buying power. Forex above blue print does not guarantee that you'll win 15 Trades consecutively; it is a guide to help you when entering positions. Forex the instance that you decided to follow price by setting forex trade, making your first take profit of the day your point X then repeating the procedure, such trades usually last till the following day. I reset forex trades the following day by determining my first candle for the present day, delete the inactive pending orders of yesterday and take my profit from the present running trade as set yesterday. Shift the stop loss of yesterday's trade to be the same as today's pending order counterpart. Instances where you see a reversal pattern you can close yesterday's trade immediately. If it is a continuation pattern, that's double profits junkie you today. If you don't understand how to read charts, then just leave it junkie along with today's trade. Share to Twitter Share to Facebook Share to Pinterest. Forex Cent Account Open a real account. Popular Posts 20 Pips Per Trade. All I want is 20 pips per day strategy. I am trying to find one that works for me. I will trade forex H1 chart Indicators: The 3SMA "Trend-Riding" System. No trades as on today for the week. Please watch the videos for The 3SMA "Trend-Riding" System. Right now I am trying to lea I found this free indicator on the website. It is a free Trend Indicator. I of course use it with my Strategy - 4. How many of you want to trade like this? I forex be happy to get a reply. USD February 6, Trades - 09 April No trades for today and tomorrow as market is choppy. Trades for 05 November Please keep in mind about US Election before placing any trades. Scalping Week to Last week there was no good trend to follow. So I decided to Scalp and made some beautiful profit. Junkie 29 October to 31 October I had a great scalping month. I hope to continue gaining more profit using my Forex - 4 I have named it as - "Forex My Passion - A Trades for 01 August I would like to know how many of you are trading my signals and how is it going for you? I trade pairs everyday. This is working for m Subscribe To Posts Atom. Live Quotes The Forex Quotes are Powered by Forexpros - The Leading Financial Portal. Trading forex risk disclaimer Trading Forex foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Trading System Forex expressly disclaims all liability for the forex or interpretation junkie others of information contained in this forum. Forex based on information contained junkie are the sole responsibility of the visitor, and in exchange for using the information contained in this website the visitor agrees to hold Trading System Forex and its affiliates harmless forex any claims for direct, or indirect, damages for decisions made by the visitor based fully or partially on such information. Whatever is the manual trading method, or the automated trading strategy, don't forget to test it first in demo. Also be aware that past performance is no guarantee junkie future results. Forex Calendar Live Economic Calendar Powered by Forexpros - The Leading Financial Portal. Theme images by merrymoonmary.
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