This results in lowering of your average entry price. The hard work starts now. Futures, options, and spot currency trading have large potential rewards, but also large potential risk. Simple Trading Strategies I particularly appreciate non-predictive systems which use strong money management. I would never trade anything, but daily chart trades.




As we know the Frankfurt market opens at am EST which is am GMTthen an hour later the other giant - London market opens at am EST which is am GMT. Traving European session is the first strategt session for each coming day. So, what do we do? The price range we are going to focus on is from am EST to am EST. We look for the highest high and the lowest low of the price in that range and simply draw parallel horizontal lines through those extremes that will create a tunnel.

Now we are ready to move to a smaller time frame - 5 minute chart - and watch for the whole 5 min candle to close outside the tunnel which will provide a signal for us to enter with the open of the next candle. We are aiming at at least 20 pips profit. After that we have several options: lock the profit in, start "chasing" the price with a trailing stop by placing the stop just below the lowest low of the previous 5 min candle, or simply exit within the three consecutive hourly candles from the moment the trading order was filled.

I use the system as is. What are your suggetions about hourly charts? What timing and price range do you propose to use? It is ok, if that website has it, I hope they don't mind. We publish a lot of 4 hour forex trading strategy 4 steps here, some of them are sent by our users that claim it to be uour own systems. We don't track the original source unless it is mentioned during trwding submission.

Active traders Poll - share your live experience or read what others have to say. How to profit trading Forex. Trailing stop EAs MT4. Forex systems with MT4 custom indicators. Create own Forex system. Forex Polls - results. There are currently 8 users online. Submitted by Edward Revy on June 18, - We use a 20 pip stop OR the other side of the tunnel - whichever is less. I use the system Thank you. The price range we Hi Edward. The price range we are going to focus on is from am EST to am EST?.

Thus you would have am GMT to am GMT. What abouy news Hi Edward. Strtaegy abouy news with thi strategy?. It is ok, if that website It is ok, if that website has it, I hope they don't mind. As long as everybody is happy and traders can learn something I think it is just fine. How To Double The Account In 1 Day? Complementary to strategy with Trendlines. MACD Binary Options strategy. Forex Strategy Based on Large Stop-Losses. Ultra-Short Term Forex Trading Strategy.

About us User feedback Contact Advertise Privacy policy Link to us. Submitted by User on July 11, - Submitted by Edward Revy on July 12, - Submitted by CJA on July 14, - Submitted by Edward Revy on July 14, - Submitted by CJA on July 15, - Submitted by CJA on July 17, - Submitted by User on July broker dealer for sale, - I think that is the original.

Submitted by Edward Revy on July 17, -




Forex Trading: 4 Hour Time Frame Winning Strategy - Yusef Scott


The One Trade per Week Forex Trading Strategy - In today’s lesson I am going to show you how you could make % on your trading account in one year by only. Six steps to improve your currency trading. Whether you're new to Currency Trading or a seasoned trader, you can always improve your trading skills. If you’ve been involved in forex trading for any time the chances are you’ve heard of Martingale. But what is it and how does it work? In this post, I’m going.