Forex Strategies resources is a collection free resources for trading: forex strategies, binary options strategies, trading system, indicators,chart patterns, metatrader indicator, candlestick analysis, forex e-book and use free online forex tools, free forex trading signals and FX Forecast. The purpose of Forex Strategies Resources is to become an archive of free resources for the trading, forex trading ,available to everyone. Note:This is not a newspaper site, informative, or a site of comments on financial news, but just a place where sniper forex system shared ideas for trading and mathematical algorithms.
Who’s online There are currently 7 users online. Submitted by User on April 21, 2009 – 00:24. I use scalping on three EMA’s: 10,21 and 50, on EURUSD 15M, focusing on the 10-EMA to cross over both, 21 and 50 EMA. I do not set a fixed Profit, however change frequently to the 5M to observe if a reversal is near, which would be my signal to exit. I do like convergence set-ups as they are pretty safe from my experience. I buy when the averages are in buy and the market is oversold and vice versa. Pretty save shot on the longer charts, say at least 1H.
Very good system is Complex No. 3, Divergence, top system, which I like very much. Well that’s it in a nut-shell. I do not believe in un-observed trades, I close at the end of NY-trade in time, even if I have to accept a small loss. What I also observe is that certain of these sites recommend each other in a circle, which is more. Submitted by Manus168 on April 21, 2009 – 03:33. Submitted by TA on April 21, 2009 – 04:25.
Hi Peter, Could you explain more about Convergence and how you use it. Submitted by Thomas on April 21, 2009 – 20:02. Submitted by Edward Revy on May 10, 2009 – 06:43. Submitted by User on June 11, 2009 – 06:25. FX Sniper indicator when to exit. Submitted by Edward on July 3, 2009 – 06:36. Submitted by Dave on July 12, 2009 – 18:33.
USD 15 min chart, but am having some trouble. Active traders Poll – share your live experience or read what others have to say. How To Double The Account In 1 Day? You can help thousands improve their trading!
The Authority’ on Price Action Trading. In 2016, Nial won the Million Dollar Trader Competition. However, this doesn’t mean all people will want to be nomadic and travel around the world living in different places. Halfway through 2012 I said enough is enough and I set out to completely remove all clutter and unnecessary possessions, even small things. The reason I’m sharing this story with you, is because I believe that most of you out there can benefit from applying a similar logic to your life, i. People can interpret it however they want, but the core thing is to keep with you only what you absolutely need in an effort to save time, save money, remove stress, and more.
So what the hell does this have to do with trading you ask? Get rid of all the excess weight you have if you are still learning how to trade or you’re struggling to trade successfully. If you want to add a big trading desk with multiple monitors and all the bells and whistles after you become a successful trader, that’s OK. But don’t think you need to go out and drop 5 grand on your trading office in order to make money in the markets. Some of the best traders in the world just trade off a laptop.
I realized my ego and greed took over before, and these things negatively impacted my trading. However, you might not know WHY I trade and teach this approach. Just as the materialist mentality of needing to buy more things to make us feel happy or fulfilled is a flawed mentality, so is the mentality that adding more technical indicators and analysis tools will somehow make you a better trader. One of the big secrets to success in all areas of life and indeed even to happiness is that less is often better. However, most traders naturally assume that it’s their trading system or strategy to blame for their losses in the market. Elliot Waves, super-turbo 5,000 trading robots, and everything else under the sun to their charts.
You see, as traders our trading mindset is the most important piece of the puzzle. However, the strategy or system that we use to trade with can and does have a profound effect on our trading mindset. Is this really going to help me? Ditch the forex indicators and trading robots and start over with a totally clean price chart.