Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Trading Made Simple the right way, and other trading lessons 323 replies

Trading is this Simple? Finally Explained simple and clearly! 45 replies

Finally, I Found How Simple Trading Forex Is 47 replies

For newbies:Learn Forex Trading: 3 Simple Tips for Setting the Stage 13 replies

SIMPLE EA for a simple method needed!! 1 reply

Attachments: Simple Forex Trading
Exit Attachments

Simple Forex Trading

  • Post #1
  • Quote
  • First Post: Mar 23, 2010 9:59am Mar 23, 2010 9:59am
Hi all, I've been trading forex successfully for just over 2 years and I'm getting sick of all the rubbish robots, and overpriced, poorly performing alert services out there. So I've decided to share with you the very simple technique that I use to trade forex. It's conservative, rewarding and simple. But most importantly its free :-D Have a read, and let me know what you think.

Download the PDF file attached.
Attached File(s)
File Type: pdf Simple Forex Trading.pdf   312 KB | 526 downloads
Thanks Alex good job
Alex,
This is excellent job.
So, what is your percentage of profit/loss
of the strategy.
Yes good one. But the problem is trend change which is the volatile nature of any financial market.

One day you could see a green candle, the very next day there could be a red candle.

This quick market mind change has caused best traders to lick their own wounds.
Basically, you are selling overbought conditions in a downtrend, and buying oversold conditions in an uptrend. The trend is always from a higher timeframe.
Fib retracements & S+R zones you pay attention to and act on.
Keep it simple.
Follow the Money
hi Alex, and thank you for sharing your strategy

could you please provide us some more details, like, tp, sl, be, maybe your profit factor

thanks you in advance
Great document, thanks a lot for sharing!
Looks like this guy collected a lot of email addresses to spam with his phones advertising. I do not see any use of the strategy but the use of some forum people.
u dont need his indicators to do the method

the method isnt too bad and can help new people IMO
The strategy needs to be created through demo practice. Strategies are never made in a day. Strategies have to be made through hard work after a lot of patience. Many traders have not been able to make a profit by trading for a long time because they have not yet created a good strategy.
Forex trading is really simple if you have good knowledge and experience , besides this you have to make sure a reliable support from a credible trading broker , because the broker can affects the result of our trading with certainly
Do not trade out of assumption. Learn how to trade effectively. Don't be hurry. It needs time to be profitable. Don't chase pips. Focus on developing skills and abilities, pips will come automatically. Do not treat forex like gambling.
Quoting AlexImam
Forex trading is really simple if you have good knowledge and experience , besides this you have to make sure a reliable support from a credible trading broker , because the broker can affects the result of our trading with certainly
broker is really important but honestly speaking right now its really difficult to find best one . because most of them are found to be scams.
Quoting CoraLombard
The strategy needs to be created through demo practice. Strategies are never made in a day. Strategies have to be made through hard work after a lot of patience. Many traders have not been able to make a profit by trading for a long time because they have not yet created a good strategy.
Did you realize that you bumped a decade years old post/thread?
i like old
Demo account is best way to learn and practice no matter what market you are in. Every investment market has its own risk. So, invest with caution.
I agree. Starting with a live account is a really poor idea and leads to otherwise avoidable losses.
Quoting mlawson71
I agree. Starting with a live account is a really poor idea and leads to otherwise avoidable losses.
There is high possibility to blow the account if you start with live account. So, start with demo trading.
i would start with a demo account
Quoting loppo0101
i would start with a demo account
It is the psychological aspects that makes the difference between demo and real account. In real account, your own money is invested. That's why you are emotionally involved. According to human psychology, people tend to take impulsive decision when they are emotionally attached to anything.
0 traders viewing now