My name is Cruzader, I trade forex for a living.

Traded this EUR/USD today, indeed it is a very good trade. Made 120 pips in 1 hour! If you have read my strategies, this is one of them that I used, using Bollinger band, pivot points, MACD Divergence and Fibonacci. This is indeed one of the Classic Give-Away Trade, you have all the convergence or confluence all at once! If you don't trade this it will be a trader's sin.Price action going over Bollinger band, MACD divergence Fibonacci extension 262%, Weekly R1, ... Read More

Okay, without any further explanations, let's get down to business. By now you should have all the indicators ready on your charting software; RSI, Bollinger Band and Pivot Points. Bollinger band values should be set to "20" RSI value should be set to "14" Trade on a "5 min Chart" First, mark out the major previous Support and Resistance, the highs and lows. Take careful important note of those STRONG S&R, they are powerful. Generally, price will bounce around the pivot points and support and resistance. Look ... Read More

Here is a forex system I love to trade with when I do scalping or when there are no great trades coming my way. This system needs 3 indicators: Bollinger Band, RSI and Pivot Points Not familiar with the indicators that are mentioned above? No need to worry, I will explain it to you in details. Bollinger bands are a great trading indicator to use in your forex technical analysis and can help you in three ways to gain greater accuracy in your trading ... Read More