Hi guys,
I’ve got a trading system for you. This is not rocket science. This is forex trading. It’s not some wild best to be tamed but instead ridden.
I want to take you back to elementary charting. What is the first thing that you do when you look at a chart? I hope that you say “draw trend lines”… If not then this is the error of your ways, trust me…
Come on, dang… I hear all this about people losing their money and in fact I lost over 20k myself before coming back to ground zero. It is so easy to get caught up in this indicator and that indicator. And even a profitable EA’s, it is all bull crap. Most indicators are of the past. Who needs an indicator to tell you what you just experienced? Hello?? Feel the market pressure for yourself. Watch the tick by tick and know that you are in the grove.
I am here to tell you that if you want to win at forex the answer is simple. You draw some trend lines down on the 5 min chart and you trade with the daily or weekly trend. You don’t even have to know what the overall trend is; you can use sites such as fxstreet.com to tell you. Hello??
Let’s take the ever changing, new high setting EUR/USD for example. I have 25 consecutive straight profit trades from this pair. How did I do it? Well obviously I buy! Duh!
But how do I buy? The answer is simple. I draw trend lines on the lows. When it touches the trend line I buy. That is so easy. Even my grandmother could do it!
But StrangeGuy, how do you take profit? Well, believe me, if the market gives me money then it is not taking it back. This is the number one rule. You must know that you are not going to make a million from one trade. Answer me this. If you are in the profit and you feel the market moving back against your position then what do you do? A: Do you hope that it doesn’t come down and hit your stop, even at b/e or do you pray it is just some profit taking? Or B: do you close the position, taking your profit, and get back in at the next bottom? If your answer is A then ohhh I love to take your money… J Obviously B is the correct answer.
You would not believe how many people have a problem with taking the money given to them by the market. They stay in, knowing that they are the boss and that they can will the market in the right direction? Or maybe you think this, “I got a good position here, it will not come back and hit my stop”. All just to see your money dwindle away to nothing. Aren’t you tired of this? Take your profits!
Picture this losers. Even if you trade half lots. You can exit at 10 pips profit and make $50.00. You do that 10 times you have $500.00. Do it with a full lot and you have 1g. It is way too easy to get at least 10 pips when you trade the major trend.
So, stop all this searching for the “Holy Grail” because you just found it. Plain and simple trend lines and trading with the trend, period. And take your money! Gosh, do we have to make you??
StrangeGuy
I’ve got a trading system for you. This is not rocket science. This is forex trading. It’s not some wild best to be tamed but instead ridden.
I want to take you back to elementary charting. What is the first thing that you do when you look at a chart? I hope that you say “draw trend lines”… If not then this is the error of your ways, trust me…
Come on, dang… I hear all this about people losing their money and in fact I lost over 20k myself before coming back to ground zero. It is so easy to get caught up in this indicator and that indicator. And even a profitable EA’s, it is all bull crap. Most indicators are of the past. Who needs an indicator to tell you what you just experienced? Hello?? Feel the market pressure for yourself. Watch the tick by tick and know that you are in the grove.
I am here to tell you that if you want to win at forex the answer is simple. You draw some trend lines down on the 5 min chart and you trade with the daily or weekly trend. You don’t even have to know what the overall trend is; you can use sites such as fxstreet.com to tell you. Hello??
Let’s take the ever changing, new high setting EUR/USD for example. I have 25 consecutive straight profit trades from this pair. How did I do it? Well obviously I buy! Duh!
But how do I buy? The answer is simple. I draw trend lines on the lows. When it touches the trend line I buy. That is so easy. Even my grandmother could do it!
But StrangeGuy, how do you take profit? Well, believe me, if the market gives me money then it is not taking it back. This is the number one rule. You must know that you are not going to make a million from one trade. Answer me this. If you are in the profit and you feel the market moving back against your position then what do you do? A: Do you hope that it doesn’t come down and hit your stop, even at b/e or do you pray it is just some profit taking? Or B: do you close the position, taking your profit, and get back in at the next bottom? If your answer is A then ohhh I love to take your money… J Obviously B is the correct answer.
You would not believe how many people have a problem with taking the money given to them by the market. They stay in, knowing that they are the boss and that they can will the market in the right direction? Or maybe you think this, “I got a good position here, it will not come back and hit my stop”. All just to see your money dwindle away to nothing. Aren’t you tired of this? Take your profits!
Picture this losers. Even if you trade half lots. You can exit at 10 pips profit and make $50.00. You do that 10 times you have $500.00. Do it with a full lot and you have 1g. It is way too easy to get at least 10 pips when you trade the major trend.
So, stop all this searching for the “Holy Grail” because you just found it. Plain and simple trend lines and trading with the trend, period. And take your money! Gosh, do we have to make you??
StrangeGuy
Rye
