GBP opens up large lead over the rest of the pack, Euro's Monday opening gap is starting to fade. Thanks you Nial God bless you over and over! July 31, at pm Reply. One half of the position will be closed out early for a safe profit, and the other half will be yrend to run for as long as possible in order to capture those really big price moves. Not all pin bar formations are created equal; it pays to only take the pin bar formations that meet the above characteristics. List of Forex Brokers Sign Up For My Free Trading Newsletter.




I've been trading the forex markets for several years now so I've developed quite a few different systems in my time. However there are some that are more profitable than others, so let me share you with you some of my most profitable forex trading strategies. I created this trading strategy myself and have been using how to find trend in forex trading 07 for several years now.

This one system has generated more profits that any other system I have ever used, how to forex guide yet it's surprisingly simple. I will then enter a position usually after a slight pull-back and will employ a two-part exit strategy to maximise my profits. One half of the position will be closed out early for a safe profit, and the other half will be left to run for as long as possible in order to capture those really big price moves.

As I say, this particular forex trading strategy is highly effective, as regular readers of my blog will know because I share my trading results every week in my 'Weekly Trading Updates'. Anyway if you would like to read all about my 4 hour trading method, you can access it for free by filling in the short form to the right and subscribing to my newsletter. The only problem with trading this strategy is that there will always be quiet periods and particular days where you know you are not going to get any set-ups on any of the major currency pairs.

Therefore at times like these I will often employ some of the other trading methods that I keep in reserve: This is a forex system that I've recently created and it basically uses the popular CCI indicator with two different settings. The key here is to wait until there is divergence between both of the CCI indicators at the same time because this will give you a set-up with a very high success rate. You don't get that many good set-ups per day using this trading strategy, but when you do, you are likely to make some decent profits because it is a very high probability set-up.

I have discussed this particular strategy elsewhere on this blog so please click here if you want to find out more about this CCI Divergence Trading System. At the time of writing 20 June I've just started using the three day trading methods included in the Forex Income Engine 2. I've always been quite sceptical about many of the short-term forex methods that I come across, but I've been very impressed with these three methods so far because they do actually produce some very good returns.

Anyway if you would like more details about each of these methods you can read all about them on my Forex Income Engine 2. This trading method was included in the Forex Nitty Gritty course and although it is a very basic method, it is actually surprisingly effective. The goal is to look for pairs that are in strong upward or downward trends, wait for a pull-back, and then enter a trade if the trend continues.

I've been using this method on the 15 minute charts for quite a while now and it has always performed well for me because these continuation trends occur all the time. Again if you would like to find out more about this particular trading method, you may like to read my full review of Forex Nitty Gritty. I'm not really a long-term trader but I do occasionally open a position if a good trading opportunity arises.

I will usually use the daily charts for these trades and will look at a variety of indicators such as the day moving average, the supertrend indicator, established support and resistance levels, fibonacci levels if applicable, and Marketclub's excellent trading signals. I will regularly post my long-term analysis of the various currency pairs on this blog, but I will only follow this up with an actual trade if I'm really confident about my predictions. Finally as well as all of the trading systems and strategies listed on this page, I also have a few breakout strategies that I like to use when a good opportunity presents itself.

I'm also constantly testing out new ideas and reviewing the various trading systems that I get sent regularly by product owners who want me to promote their product. However for the most part it's my 4 hour trading strategy that I spend most time on because this is my core system which generates the most consistent and reliable profits. All of the other forex trading systems are used to boost my trading pot during the quieter periods of the week.

For me, I find that the longer term strategies are much more consistent than the ones based of shorter frame time charts. The least that I would use in my trading is the 4-hr chart. Thanks for this very informative blog. Hello, i was wondering wheather you teade the news, if you do could you explain why slippage occurs and wheather the broker has control over this?

Also could you give me some advice on what brokerage firms to choose? None of them seem to be completely honest so I'm kind of stuck at this point. Which technical indicator s do you prefer in your 4-hour system and what are your two EMA settings? Thank you for teaching us your excellent strategy based on H4 chart and EMA's. Could you please teach me if this strategy is suitable for any pair of currency or it is just for the three mentioned pairs?

On your 4-hour system, do you believe you should enter on a cross only in the direction of the long-term trend? Or would you also enter a cross taking place that is contrary to the trend? If so, do you believe that either type trade is more successful than the other? I just went back and read more closely your description of your 4-hour system and I think I see that we would be looking at entering a trade in the direction of the major trend. So, let me change the inquiry. Does this work at all on contrary crossings going against the trend or should one just wait for the same-direction crossings?

It does work on contrary crossings as well, but it's a lot riskier and the subsequent price moves are not always as big. I tend to mostly trade with the long-term trend although I will sometimes place the occasional trade against the trend if I think the market is massively overbought or oversold and set to turn around. I went to my 3-hour chart don't have a 4-hour on my platform only to find that the last sell crossover on that pair had occured at pm at 1. Put a quick trade in and made 10 pips, but if the daily chart had signaled at the same time as the shorter time frame did, I would have had how to find trend in forex trading 07 solid oontract.

I also like to use a 4 hours chart when I want to trade. It's also very important to get a good entry and a good exist as well if you want to max your gains, so I often check a 15 mins chart as well. Using indicators such as MACD is very helpful, especially if you compare your results with other indicators or analyses. Checking the news might be good as well since you can spot good opportunities that way.

Long term trading is also a good option, but it's harder to predict long term trends. I definitly prefer to trade on a short schedule no more than a week long for a trade position. I personally agree with the author. The 4 hour strategy is the best and it is utterly important for the traders to keep patience when there is not much movement in the market. Making hasty decisions are only going to give loses. I personally prefer the 5 minute chart because I am using mostly scalping an short term strategies.

However for deeper analysis, the best way is to use the 4h and day charts. Short term strategies are always preferred in forex as they are in binary options. I personally like binary options more because there is no hassle, no waiting for limit or stop, you just know the result after few minutes that's all. Over the past 6 years of trading, I've found that trading price action on higher time frames gives much better signals than the 'chop' you get on the lower time frames.

FREE LIST of the strongest trending forex pairs right now ZuluTrade Free automated trading service that allows you to trade the signals of overdifferent signal providers. Once you've chosen your providers, the signals are then executed automatically in your account. Free demo accounts are available for testing purposes. Marketclub This service provides live trading signals on the daily, weekly and monthly time frames of oversymbols, including how to find trend in forex trading 07 of the forex pairs as well as stocks, indices, currencies and commodities.

A free 2-week trial is now available for a limited time. The information contained on this website should be used for educational purposes only and does not constitute financial advice. Forex trading carries a substantial risk and may not be suitable for everyone. If using leverage, you can lose more than your initial deposit. The author of this website may have an affiliate relationship with certain companies, and may receive a commission for linking to certain products that subsequently result in a sale.

Learn Forex Trading With These Top Forex Tips And Strategies. Home Forex Brokers Rebates Forex Course Signals Strategies Trading Videos. Forex Trading Strategies And Systems I've been trading the forex markets for several years now so I've developed quite a few different systems in my time. Therefore at times like these I will often employ some of the other trading methods that I keep in reserve:. CCI Divergence Trading System.

This is a forex system that I've recently created and it basically uses the popular CCI indicator with two different settings. Forex Income Engine 2. Forex Nitty Gritty Method. Other Forex Trading Strategies. I liked your trading system, do you think it would work on greater time frames though? Thank you in advance for your help. What did I do wrong? Just wondering if you have had done any review on FxProSignalAlert. I checked some of your posts and I like some of your strategies.

Justin the Price Action Forex Trader. My 4 Hour Trading Strategy:. Sign up to my newsletter below for more news, tips and strategies, and get instant access to the 4 hour trading strategy that I use to trade the forex markets:. Privacy Policy Terms Of Service About Contact. Free automated trading service that allows you to trade the signals of overdifferent signal providers.

Click here to find out more. This service provides live trading signals on the daily, weekly and monthly time frames of oversymbols, including all of the forex pairs as well as stocks, indices, currencies and commodities. Click here to find out more The information contained on this website should be used for educational purposes only and does not constitute financial advice.




How To Identify The Direction Of The Trend


We’ve all heard the saying “The trend is your friend”, and while it sounds nice it doesn’t really teach us anything about trading a trending market or how to. Apr 24,  · Original and best FOREX Forum offers Resources for FX Currency Exchange Trading in EURUSD, USDJPY, GBPUSD plus FOREX broker news. FX Forum Postings and Online FOREX. Apr 20,  · Welcome to the fantastic-art.ru Forex Forum, the world's leading forex forum for beginner forex traders. You will have to register before you can post: click.