Looking for good trading systems on forum | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Top 100 best Trading Systems: post good Trading Systems here 62 replies

Are the best systems also the systems that fail most spectacularly? 55 replies

Any Good Forex Swing Trading Systems? 1 reply

Systems, Systems and Systems... 1 reply

Looking for good trading systems on forum

  • #1
  • First Post: Sep 2, 2015 4:13pm Sep 2, 2015 4:13pm
Hi,
anyone could tell me a good system in the subforum trading systems

thanks
  • #2
  • Sep 3, 2015 3:42am Sep 3, 2015 3:42am
You will find that most trading systems work or break even some of the time, but most of them do not address trading principles. Lots of people crave popularity and importance in these threads. Be very careful. If you use trend lines, you will see how stupid most indicator based systems are, especially when the market is consolidating. Having said that, I do not use trend lines much.

I would advise you to learn about support and resistance levels and market patterns initially. Just use search engines and browse through sites and then look at charts. Endlessly. Avoid using indicators unless you truly know how the indicator is constructed mathematically. Some are essential in my opinion. For example, ATR is a measure of the range of a currency on any given time frame and is essential in calculating risk. Of course, that is only my opinion.

Learn about markets, when and why they move. Learn about risk.
Gone to a better place
  • #3
  • Sep 3, 2015 3:55am Sep 3, 2015 3:55am
Quoting smecas
Hi, anyone could tell me a good system in the subforum trading systems thanks
Hi Smecas,

A trading system must match the beliefs of its user. Only you can make the decision on whether a system is good or not.
  • #4
  • Sep 3, 2015 4:02am Sep 3, 2015 4:02am
Quoting Atokys
{quote} Hi Smecas, A trading system must match the beliefs of its user. Only you can make the decision on whether a system is good or not.
Good point. It must also match the life of the user. Not much point in trying to trade a 5 minute chart momentum system at 23:00 GMT when most markets are closed...
Gone to a better place
  • #5
  • Last Post: Sep 4, 2015 11:48pm Sep 4, 2015 11:48pm
Hi mate,

I run a few strategies but the main strategy I use is called "Trading Made Simple" which was created by the late Eric (Eelfranz). He passed away a few years ago but his simple and effective trading method is a gem. I'm a full time trader and I use this system as my bread and butter (to pay the bills). It works, and I have a conservative target of 100 pips per week and have always hit my target (see my trade explorer).
It does take some time to get use to it but if you're committed and determined to learn it will create good fortune for you.

Have a look at it here: http://www.forexfactory.com/showthread.php?t=291622 and read through the first 20 pages of his posts. I trade it the way he taught it.
0 traders viewing now