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Now that I had a positive flow of income from a Forex signals provider, I decided to open a second account using sistem trading forex profitable my own trading system. This is where I discovered what I feel is a full proof system when it comes to making a fast 30 to 50 pips in Forex. Trading now for a little more than 1 year, I noticed that the market moved on speculation.
Speculation based on fear and news events, such as the trading forex sistem profitable CPI and retail top forex trading bot sales. I noticed that between sistem trading forex profitable the times of 4:30 am eastern and 8:30 am there was a lot of critical news in majors such as the Euro and the British Pound. The market would move at the exact moment these major news events were released. If a news event was due out sistem trading forex profitable at 4:30 am on the British Pound, more than likely the market spiked at that exact moment 30 to sometimes 50 pips up sistem trading forex profitable or down.
Sistem trading forex profitable Expected return.What I started to do was trade on these news events. I would wait until sistem trading forex profitable that exact moment the news was due out sistem trading forex profitable and execute a trade when the market moved sistem trading forex profitable more than 7 pips from its current price 15 seconds before the news is released. A stop-loss should be set at 10 pips above or below the current price. The trick to this sistem trading forex method profitable is executing the trade at the right sistem trading forex profitable time and discipline yourself to keep your stop-loss profitable forex trading sistem very tight, setting it to no more than 10 pips after you got into the trade. The reason being, this works all of the time, but if you click too soon or too late you could fail to predict the direction sistem trading forex profitable of the market.
However, when you are right, sistem trading forex profitable your winning trades will outweigh your losing traders sistem trading forex profitable significantly since you are looking to make a gain of 30-50 pips and if you a wrong a loss of only 10 pips. The system sistem is trading forex profitable simple & profitable , you will understand the forces that influence the Forex market, follow it sistem trading forex profitable consistently and you’ll get profitable results. You will trade all markets , the system applies to any sistem trading forex profitable other liquid market such as gold, oil, indexes, sistem trading forex profitable stocks.
Probability of running into an adverse event lacks the sophistication of other trading sistem trading forex software profitable tools you can own. There was a tool to automate it the 5 minute candle as there was.Sistem trading forex profitable Further upgrade.
On the profit side , I don’t enter a trading profitable sistem forex trade unless I have at least 3% of sistem trading forex profitable profit potential per trade (it could go up to 10% per trade). I trade based on sistem trading forex profitable price action (No fancy or lagging indicators), I trade sistem trading forex based profitable on what the market is telling me, not what an indicator or a magical formula sistem trading forex profitable is telling me. Several Time Frames Analysis , in sistem trading forex profitable order to get a better accuracy, I perform sistem trading forex profitable several time frames analysis, if everything is in sistem trading forex line profitable, I trade it. Trading Plan , my system allows me to develop a trading plan for each day: which currency pairs to trade, in which direction and possible entry levels. Guessing market tendencies is dangerous because most of the time we will make “buying” and “selling” decisions based on what we “think” the market could do. We might make wrong decisions based on a bias that sistem trading forex profitable was formed because of a subjective methodology, or on some publication we’ve read, or what a trading pal told us.
More than 10 years of ongoing trading experience shows me very clearly that it is impossible to get consistent results by guessing the market.
Instead of trying to guess sistem trading forex profitable where the market is heading, I trade according sistem trading forex profitable to what the market tells me. I try to identify the market condition and base my trading on this condition.