Run for the hills of course. And today is your lucky day, because I will teach you my powerful technique that will ensure 19 out of 20 wins everytime in the forex market. But first, I want to present you with proof:. What I will teach you will ensure almost zero losses but at consistently small profit levels. Let me be honest with my screenshot of a loss. I forgot about a news report due. First make sure that you sign up with a broker that offers amazingly low spreads.
Spreads are as low as. For my system I rely on a cornerstone of the following:. Fibonacci pervades nature- everything from the galaxies down to the movements of atoms. It also governs the flow of forex trends. Heard of the fibonacci retracement? That rule governs how soon you can open a position after a retracement.
These are key Fiboacci numbers. Then fire up the EMA Most people trade exclusively in the M1 or M5 chart. The noise is horrible and it masks the medium term trend. Instead, activate the 30M chart. At this point, you can refer to the M1 and M5 chart. If the M1 is peaking, you want to look 10 or 15 pips below the current price. This will be your entry. Refer to the photo again. The implication is that the US Dollar indeed carries more relative power across the board.
Open a buy position immediately. Also, ensure that your leverage is 1: Note, the only currency meter I recommend is that created by Tom Yeoman. Most other meters do not accurately reflect underlying market condictions.
You can download his meter here. Personally, I tend to be a stickler for solid confirmation. You hate losing money. There is a powerful indicator called the MegaTrend. Created by a genius at both Forex and Neural programming, the developer devised an indicator that aggregates the signals of over standard Metatrader indicators.
The indicator looks like this:. The rules are simple. Then do a cursory check on the M1 to M15 periods. Incidentally you can download the Megatrend Indicator here.
The developer has provided the version of this amazing indicator for instant download. You can download it free here:. The moment you open the Buy or the Sell position, immediately set a take proift at 10 pips. You will have pocketed the money in 30minutes or less. Then TP at 10 pips. The Megatrend can allow you to hit take profit almost ten times in just 2 hours. Again, refer to my screenshots of profits above. Trade only during the US and the London open and away from news releases.
The most predictable trends occur within the first 2 hours of the open. I recommend no more than 6 trades a day. Keep your lots at 1. Now calculate the monthly earnings. Forex Trend Profit — Download Here. This message will close in.More...