TraCop-1%

Trading Example - Life Recorded (TELF)

"Trade example recordm 2010 Februars 02(0)(0).flv" (EURUSD, M1; M5) - Length: 25:30 minute

Recorded by "Free Screen To Video V1.1" (freeware).

"Trade example recordm 2010 Februars 02(0)(0).flv"
Record play: 25 min 30 sec., (without voice).
http://www.myotherdrive.com/images/icons/film.gif25 min 30 sec.

"Trade example recordm 2010 Februars 02(0)(0).flv" (287.871.657 bytes)
http://www.myotherdrive.com/dyn/pv/0...%29.flv?sort=0

this is *.zip:
"Trade example recordm 2010 February 02(0)(0).zip" (208.994.378 bytes)
http://www.myotherdrive.com/dyn/pv/2...%29.zip?sort=0


Look at multiple time frame analysis, EMA lines, trend lines, support and resistance levels and EURUSD, EURJPY and GBPJPY, M1, M5, M30, please!

While watching the video following the cursor, too, please. It will explain so much.

When used the Indicators as a setup condition and combined with additional confirmation tools of TraCop (multiple time frame analysis [MTFA]; support and resistance lines; further tools see under "Note" p.1, #1 , please) , your trades have a high probability of winning with relatively low risk.

Note: Trading with 5 Lots is not recommended for beginner level traders! Maximum should be 0.1 Lot with a 10'000.- $ Account - and even better could be trading with max. 0.01 lot with a 10'000.- $ Account.

Good Luck!

Kindest regards

Forexcube

EURUSD, M1, 2010 February 02
20.00 - 20.45 GMT +1

Trading beyond London time within Bollinger Bands and "TraCop".

See the last 12 trades at the attachment file, please.

Look at M1, Bollinger Bands and EMA Lines, (support and resistance levels - not highlighted).

Chart: Ideal trades are marked with the arrows.

Kindest regards

Forexcube

Start with 500.-$ &- 100.-$ a Day!

Account no. 1409499
Open Day: 2010 January 19
Investor Code: du6ayil
update:
2010 February 02
Deposit: 500.- $
Balance: 10'760.31
Floating P/L: 0.00
Equity: 10'760.31
Closed Trade P/L: +10'260.31

Profit + 10'260.31 $

Over + 2'000% within 2 weeks

Hello Manuel

Thank's for your infos.

Are *.flv - files more functional?

Kindest regards

Forexcube

Trade Example - Scalping

EURUSD, M1, 2010 February 02
Time: 21:15 - 21:27 GMT +1

The Entry Sell orders were realized above EMA9 and the Exits were executed when candle moves under the EMA 9 Line.

Forex Price Action Trader - How To Trade The Bearish Price Action
by Peter Lim

The forex price action trader will use no indicators but just a study of the price in his trading charts to decide on the next line of action. In that sense, the forex price action trading has been described as the no-frills, plain vanilla type of trading, as there are no technical indicators such as bollinger bands, Relative strength index, moving average convergence divergence (macd) and other related indicators on his price charts that he uses to trade.
In price action analysis, the forex price action trader can use a single vertical price bar or a cluster of price bars in his analysis.
In the single price bar analysis, for a bearish condition, the price action trader will be looking for a close that has closed below the open or the midrange of that particular bar. Once that has been determined, the forex price action trader has a good understanding that the next vertical price bar will more than likely take out the low, or at least test the low of the bearish vertical price bar under analysis. This bearishness is reinforced if the bearish vertical price bar has a close that has closed in the lower quarter of the vertical price bar under analysis.
The forex price action trader can also use dual price bars in his analysis. In the dual price bar analysis, the reliability of the bearish formation can be further reinforced if the vertical price bar can make a lower high and a lower low while closing below the open, the midrange and is also able to close below the previous vertical bar's close.
When this configuration occurs, we know that the bears have won the trading day and that the likelihood of the next day's trading action to be down is increased. In other words, the chances of the next day going lower or at least test it, is very probable.
How can this knowledge benefit the forex day trader?
For example, if the market opens up the next day and give you a few pips, the forex day trader can sell the market, as long as everything remains normal. The trader can then expect the market to fall back down or at least fill the opening gap and then back to the previous vertical bar's close and to test the low of the vertical price bar as well.
Vertical bar analysis has been used in trading systems with further refined techniques such that a complete price action trading methodology that returns consistent profits is the end result. Where the trader cannot afford the luxury of time to consider too many trading indicators during trading, it is price action analysis that is a powerful tool to help him earn consistent profits in forex trading.
Paper trade the bearish and the bullish price action configurations, and you will be able to gain the confidence to actually trade them in real time and to reap fast profits.

see:
http://ezinearticles.com/?Forex-Pric...tion&id=451501

What is Forex?
by Arfan Habib

What is Forex Trading? It is just a small variety of Foreign Exchange. Forex is also identified in the names of Fx and Currency. It is one of the biggest businesses in the world, with trillions in money exchange between people, broker, corporations, governments and financial institutions for every day.
Forex is a vast trading field. huge volumes of currency purchasing and selling occur in Fx. Trading happens, when one of the stockholder purchase a quantity of one currency in replace for paying the quantity of another currency. For example, a stockholder buys US dollars can exchange it with Yen.
Forex become known after the year 1970, as a consequence of western countries rotating their heads on to balanced exchange rate, which mean, permitting small fluctuations in the value of currency with respect to the foreign exchange market.
In April 1997, Bank for worldwide settlements exposed that traditional turn over per day was found to be US $3.2 trillion. Since then, it is growing year by year.
The decisive aim of bringing up Forex is to assist trade and investment. Forex is foreseeable for western countries which have the need for trading currencies like US dollars. Euro, Yen, Pound and Sterling.
The factors which make Forex, separate from other markets are;
1. The tremendous liquidity (while trading a currency, causing only a small alter in its price and negligible loss in its value).
2. Mass trading.
3. 24/7, working hours not including weekends.
4. Low margin of profit compared to other markets (but profit can be high as bulk trading of currency takes place).

What is Forex Trading? It is just a small variety of Foreign Exchange. Forex is also identified in the names of Fx and Currency.


see:
http://ezinearticles.com/?What-is-Forex?&id=3668899

EURUSD, Monthly; EURJPY, Weekly; GBPJPY. Weekly

Take a look at the global view and see the triangle formation or the other lines.

Outbreaks? They are likely to! (see extra: GBPJPY)

EURJPY, Daily

ADX > 40 (near 50)

Enter Long at 126.25

Target: 130.00 / 133.00 / 138.00

Stop Loss: 124.50

GBPUSD, Daily, 2010 February 03

A Hammer 3 bars before (runned till support line).

Enter Long at 1.6000

Stop Loss: 1.5750

Target 1.64 / 1.76

By using the hammer argument as a setup condition and combined with additional confirmation tools of TraCop (e.g. multiple time frame analysis - MTFA, see #571 and #572, your trades will have a higher probability of winning with relatively lower risk.

See further GBPUSD H4, p.39, #571 and GBPUSD H1, p.39 #572, please.

GBPUSD, H4, 2010 February 03

H4 has clothed over EMA9.

+DI is crossing -DI upwards.

GBPUSD, H1, 2010 February 03

EMA9/20 crossover completed.

H1 has moved over EMA55.

Perfect with VideoLAN no problem to watch your educational movie! I will watch it tonight! Many thanks!

EURJPY, M1 Exit just now

EURJPY, Daily, see #569 long trade enter long

Short trade EURJPY M1, M5:
Order 88369338: 2010.02'3..2:53 (GMT +1) buy eurjpy 126.322 2010.02.03 13:59 (GMT+1) Exit 126.821 +50 pips

CornMar10, Weekly

Corn is a term for some cereal crops or the corresponding grain, such as Maize, Wheat, Barley.

The support and resistance levels might be a great entry chance, isn't it?

(Like Soja Bean, Weekly, see p., 37, #551 there too, please)

Trading Example - Life Recorded (TELF)

Trading *beyond reach" of London session within Bollinger Band (BB) and TraCop-Trading-System.

Trade example record 2010 February 03, TraCop.flv (146.212.889 bytes)
(duration: 13 minutes)

see:
http://www.myotherdrive.com/dyn/pv/9...Cop.flv?sort=0

Start with 500.-$ &- 100.-$ a Day!

Account no. 1409499
Open Day: 2010 January 19
Investor Code: du6ayil
update:
2010 February 02
Deposit: 500.- $
Balance: 12'224.20
Floating P/L: 0.00
Equity: 12'224.20
Closed Trade P/L: +11'724.20

Profit + 11'724.20 $

Over + 2'300% within 2 weeks

EURUSD, Monthly

Longline time trade

Monthly Candle closed downside EMA9 and EMA 20.

Enter Short 1.3890

Target: 1.3350

Trade at M5 and M15 the pullbacks too, please.

EURUS, H1, 2010 February 04

Indifferent Candles.
Market don't know where to go.
ADX > 40
RSI < 30

If candle will broken the EMA9 (red Line) upwards I would trade M1/M5 upwards (by holding daily trade downwards till 1.3350, see #579)

Kindest regards

EURUSD, M1, 2010 February 04

Scalping

Range Trading M1 with Bollinger Band and Support and Resistance Levels
and TraCop Trading System (EMA Lines, Pivots) around Daily Pivot S1 1.3845 till 1.3830/1.3860 will be broken definitely.
RSI 6 gives a further orientation.

Trading Skills: You need a high concentration and fast reactions.

Kindest regards