78 Essential Forex Strategies part 13

Categories: 78 Essential Forex Strategies

Hi Traders, it’s been sometime since my last blog entry. Well, I guess I just have to spend more time in trading since opportunity presents itself too many times. Here’s the 13th instalment of my essential forex strategies,they may look simple, but can you obey them everytime you trade?
61. If you are having problems getting into […]

Hi Traders, it's been sometime since my last blog entry. Well, I guess I just have to spend more time in trading since opportunity presents itself too many times. Here's the 13th instalment of my essential forex strategies,they may look simple, but can you obey them everytime you trade? 61. If you are having problems getting into a good entry, you are not confident enough to use support and resistance or pivot points for entry; then just use hammer candlestick or spinning top candlestick ... Read More

78 Essential Forex Strategies - Part 12

Categories: 78 Essential Forex Strategies

Hi Traders, here’s another instalment of my essential forex strategies for professionals and amateurs…..
56. If price went up and broke through resistance, then price will pull back and becomes support if it continues to go up. Don’t buy too soon or sell too soon, wait for signals to determine the price direction before making a call.
57. Practice, […]

Hi Traders, here's another instalment of my essential forex strategies for professionals and amateurs..... 56. If price went up and broke through resistance, then price will pull back and becomes support if it continues to go up. Don’t buy too soon or sell too soon, wait for signals to determine the price direction before making a call. 57. Practice, Practice, Practice! 58. Never enter a trade in between support and resistance or pivot points. This is a No Man’s Land, as you don’t know where the price will ... Read More

78 Essential Forex Strategies - Part 11

Categories: 78 Essential Forex Strategies

Hi fx traders, here is another essential forex trading strategy, eat and sleep on it, memorize them, you will trade successfully.
51. Most traders beginning in forex will always want to be the grand master in the game. But this is not a game, it’s the world’s major league, yes that’s right, you are up against George […]

Hi fx traders, here is another essential forex trading strategy, eat and sleep on it, memorize them, you will trade successfully. 51. Most traders beginning in forex will always want to be the grand master in the game. But this is not a game, it’s the world’s major league, yes that’s right, you are up against George Soros and many people alike that are far more smarter than you, and they have hundreds of analysts crunching the numbers for them. So when you just ... Read More

78 Essential Fx Strategies - Part 10

Categories: 78 Essential Forex Strategies

Hi FX Traders, do check in more often, for the next few days I will blog more on my live trading and even gold price. If you are a gold bug like I am, what price will you be unloading? I will show you my chart and tell you exactly at which price I will […]

Hi FX Traders, do check in more often, for the next few days I will blog more on my live trading and even gold price. If you are a gold bug like I am, what price will you be unloading? I will show you my chart and tell you exactly at which price I will be selling. Below is my next installment of my forex strategies that every professional will follow..... 46. Remember, trading is not an exact science. When the price goes to ... Read More

78 Essential Fx Strategies - Part 9

Categories: 78 Essential Forex Strategies

Hi Traders, it’s been a while I have been writing anything for the past week. Have been busy with trading. I believe lots of fx traders are downed badly when Benanke made his speech yesterday. Lots of currency crosses made a reverse. Well, that is trading. Anyway, here’s the next installment for the essential forex […]

Hi Traders, it's been a while I have been writing anything for the past week. Have been busy with trading. I believe lots of fx traders are downed badly when Benanke made his speech yesterday. Lots of currency crosses made a reverse. Well, that is trading. Anyway, here's the next installment for the essential forex strategies..... 41. Cutting losses professionally. When you are face with a market coming against you, what do you do? In military training, they are always taught to follow a ... Read More

78 Essential Fx Strategies - Part 8

Categories: 78 Essential Forex Strategies

Hi forex traders, here’s another installment of the essential strategies every trader must be equiped with…..
36. If you have tested and seen it for yourself that EUR will move 70+ pips during the open of London session for the next 12 hours, then you can test this out for yourself. When you have determined that […]

Hi forex traders, here's another installment of the essential strategies every trader must be equiped with..... 36. If you have tested and seen it for yourself that EUR will move 70+ pips during the open of London session for the next 12 hours, then you can test this out for yourself. When you have determined that the trend for EUR is an uptrend today, try to find opportunities to buy on the dips. Set your stop to 20 pips loss, and ride the ... Read More

78 Essential Fx Strategies - Part 7

Categories: 78 Essential Forex Strategies

Hi Traders, here is a continuation of my 78 essential forex strategies…..
31. If you have identified a price point and entered your trade base on your analysis, whether you are trading reversal based on MACD Divergence, pivot points, support and resistance, Fibonacci or other methods that you have discovered; place your stop on the other side […]

Hi Traders, here is a continuation of my 78 essential forex strategies..... 31. If you have identified a price point and entered your trade base on your analysis, whether you are trading reversal based on MACD Divergence, pivot points, support and resistance, Fibonacci or other methods that you have discovered; place your stop on the other side but not too close to your entry point This is because price behaviour always has a tendency to spike up and pulls back to where it first ... Read More

78 Essential Fx Strategies - Part 6

Categories: 78 Essential Forex Strategies

26. Even if MACD is trending up does not mean the trend is not coming to an end. You should always check with other signals to confirm.
27. Time and again I can never stress enough to tell you not to enter a trade when price is in between pivot points. Buy in the buy zone and sell […]

26. Even if MACD is trending up does not mean the trend is not coming to an end. You should always check with other signals to confirm. 27. Time and again I can never stress enough to tell you not to enter a trade when price is in between pivot points. Buy in the buy zone and sell in the sell zone of pivot point trading. If you are not familiar with pivot point trading, go to my earlier posts on pivot point trading. 28. Forex is ... Read More

78 essential forex strategies - Part 5

Categories: 78 Essential Forex Strategies

Hi Traders, I hope you have followed the trade alert I posted yesterday on EUR/USD. Wait for signals on candlestick and divergence, then pull the trigger. Congratulations to those that traded. Join me as a member, I will always send out trade alerts by email.
Here is the continuation of my 78 fx strategies :
21. Never […]

Hi Traders, I hope you have followed the trade alert I posted yesterday on EUR/USD. Wait for signals on candlestick and divergence, then pull the trigger. Congratulations to those that traded. Join me as a member, I will always send out trade alerts by email. Here is the continuation of my 78 fx strategies : 21. Never trade in a No man’s land, that’s No convergences in all the 5 indicators. Only trade when there are convergence on the 5 indicators, Pivot points, MACD ... Read More

78 essential forex strategies - Part 4

Categories: 78 Essential Forex Strategies

16. Keep good logs of all your trades whether they are good or bad. Keep a trader’s journal. If you have a good trade, log it down why you entered the trade. If you experienced a bad trade, log it down why you have missed it, this will make you not to repeat the same […]

16. Keep good logs of all your trades whether they are good or bad. Keep a trader's journal. If you have a good trade, log it down why you entered the trade. If you experienced a bad trade, log it down why you have missed it, this will make you not to repeat the same mistake again. Don’t ever think that logging your trades are amateurish, even professionals does that. 17. If price action opens at the extreme SELL ZONE of the pivot points ... Read More