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I want to know a good forex system

  • Post #1
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  • First Post: Aug 5, 2013 8:34am Aug 5, 2013 8:34am
i want to know if there are any good forex system out there which are good?
Come tomorrow, I'll wake up new
  • Post #2
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  • Edited 12:24pm Aug 5, 2013 11:58am | Edited 12:24pm
Quoting gsbharaj
i want to know if there are any good forex system out there which are good?
You can take a look at geomink's trading system at,
I'm learning to fly
It is highly profitable and proven with live account TradeExplorer. Not those high-risk potential blow-up kind, his risk per trade is actually very low.
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Another good system you can consider is Goldenmember's,
Goldenmember's trade journal with myfxbook
Also highly profitable and proven with live account Myfxbook, http://www.myfxbook.com/members/gold...uprates/569536. No losing month since Oct 2011 (or 22 consecutive profitable months).
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No longer trading forex. Looking for full time job.
I am also looking for a good forex system.Trying out different systems at the moment but none seems to be good and fitting my criteria.WIll be nice if some experience trader can recommend something.
Well the best thing is to develop your own system rather than looking for different systems.
Don't waste your time mate.
Quoting WilliamDa
Well the best thing is to develop your own system rather than looking for different systems. Don't waste your time mate.
I agree with you because any individual will know by himself that what kind of time frame he can afford to trade on and then he can make or choose any strategy that suits that time frame.
Don't look for a system, look to learn about the market and how it works instead.
Quoting mmaker
No harm learning from other people (or system), as a starting point, or as a research and development phase, picking up ideas and discovering what-you-don't-even-know-you-don't-know. I think some of the cliche advice are being repeated too often in forums that it no longer has practical meaning. If people join a forum such as FF, and ask such a question in the appropriate section Rookie Talk, then they deserve some help. Talking down on a newbie by brushing off the question actually perpetuate the cliches .....
I assume you're talking about my quote. But it's not cliche advice - vague, granted, I'm not going to tell them exactly what to do to be profitable. It took me years to get there myself. But a study of market mechanics is very much important.
For a successful system you'll have to stay on top of the news/sentiment in the market you're trading, know how other traders are positioned in anticipation of an event, know your market microstructure (in this case spot Forex).

Case in point, I read that a 25bps rate cut by the RBA had been 91% priced in on friday, then 106% last night (traders bet on more than 25bps cut). So when the RBA announce the 25bps cut, it was bad for the currency yet Aud/Usd poped up 85pips. Traders were positioned for a bigger cut, then their exiting (buying) made price go up.

Hope you aren't looking for a mechanical trading system or EA as the market is never the same today as it was yesterday.
Quoting mmaker
{quote} You can take a look at geomink's trading system at, I'm learning to fly It is highly profitable and proven with live account TradeExplorer.
Idk abt highly profitable and proven. It's less than a month old. I don't see his TE though.
Quoting Kanzler
Don't look for a system, look to learn about the market and how it works instead.
this. seriously
Twitter: @forexpokerpro
Quoting Kanzler
Don't look for a system, look to learn about the market and how it works instead.
Second this, you could actually learn more about the market, price action, by developing your own system..just remember what works for others need not necessarily work for you and there's no such thing as a perfect system..
  • Post #12
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  • Edited 11:38am Aug 8, 2013 7:01am | Edited 11:38am
Quoting mmaker
{quote} You can take a look at geomink's trading system at, I'm learning to fly It is highly profitable and proven with live account TradeExplorer. Not those high-risk potential blow-up kind, his risk per trade is actually very low. {image} Another good system you can consider is Goldenmember's, Goldenmember's trade journal with myfxbook Also highly profitable and proven with live account Myfxbook, http://www.myfxbook.com/members/gold...uprates/569536....
Keroro0o0o's style is based on Supply/Demand and his detailed daily Trading Journal explained every entry and setup,
Start of my journey towards profitable trading with PA
The live account TradeExplorer is new but from his individual trades and justification, you can understand his method and approach. These are not lucky winners.
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No longer trading forex. Looking for full time job.
  • Post #13
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  • Last Post: Aug 10, 2013 8:32am Aug 10, 2013 8:32am
I am really new to these systems and it is nice that there could be some systems that newbies can try to understand or follow. But also agree to some posters saying better to create own system or strategy especially true for those who are experienced.
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