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Showing posts from August, 2010

baronfei method (Kinetic: 80-90% Not to Lose)

The Core: Always Buy on Pullback. Because it entitles you a lot more chance to breakeven when price go sourly ranging. Who should be trading this strategy? You. Or your daddy. Or Grandpa Mac. What are my not-to-lose chances with this system? As high as 90%. I have done real time trading with this system for nearly half a year. In good a month I got 20+ winners, 10+ BEs and 5 losers. On a bad month I got 20+ winners 20+ BEs and about 10 losers. I have yet experienced 20+% losers. What do I need? 1. Zerolag MACD* 2. EMA 6 to close 3. EMA 8 to open *note: I didn't create this indicator and thanks to whoever shared it with us. What Timeframe to be Traded? 15M Which Pair should be Traded? EURUSD When to Trade? London Open to London Close (GMT: 0700 - 1500) I'm Interested. Tell me the Entry Rules for LONG: 1. ZL MACD diverges (not more than 4 bars since its divergence) 2. EMA 6 crosses over EMA 8 3. Wait for candle to close for confirmation 4. Wait for pullback of 1/3 of the previous

Scam recovery by ForexPeaceArmy

If you become the victim of the a Forex Scam, the ForexPeaceArmy will do everything in its power to help you to get your money back- all absolutely free. They aren't a team of the lawyers; They are a community of tens of thousands of traders ready to offer the help to traders in need. Their team of investigators carefully examines the case and tries to resolve the issue. In general, most companies would decide to come to a reasonable solution when faced with a legitimate complaint in such a public web site combined with solid evidence. ALL SERVICES ARE ABSOLUTLY FREE

Tom demark Trendlines

anyone here used TD T'L's? they are over 70% (closer to 90) accurate with breakouts. using TD TL can profit on all timeframes down to 15M. scalpers and long term traders can profit from this. Also, u might not wait on a break of a TL but can trade its bounce i.e: the price is bouncing inside a triangle drawn by TD TL. here are the breakout qualifiers: Upside breakout qualifiers Qualifier 1: The price bar prior to an upside breakout must be a down close. Qualifier 2: The current price bar’s open must be greater than both the current TD Supply Line and the previous price bar’s close and must then trade at least one tick higher. Qualifier 3: The previous price bar’s close plus the previous bar’s “buying pressure” must be below the current price bar’s TD Supply Line price level. Qualifier 4: The current price bar’s open must be above both the previous two price bars’ closes, and the current price bar’s TD Supply Line must be above the previous price bar’s high. Downside breakout qu

Forex Scams

FOREX Scams are big business. So is Forex. It’s the mother of all markets. Over $2 trillion dollars is exchanged on the Forex currency market every day and so with all that money around, it’s no surprise that there are scammers everywhere. You don’t hear of too many scams in the Bonsai tree market, do you? There is a forex scam problem in the education section of the market in particular, because it isn’t as regulated as the other sections - forex dealer, broker, institution side. Eventhough, as we have shown you in the leverage example, their whole business model too is based around the transfer of money out of your account into theirs. Anyway, these so called “forex gurus” that show you how to make a killing following their trading systems spring up all the time and no one can really keep them in check. Here is a quick 1 minute test that you can do to spot if a product, company or a “guru” is a forex scam. Don’t do or buy anything until you do this: Go to google and search: "nam

Hedging Technique

Three strategies that lower the risk and generating profit 1. 100% Hedge This strategy is to hold the highest interest paying currency on one account and hedge it with another account that do not charge interest on Short positions. Is it possible? Yes, I have been doing it for a long time and made many thousands already. Advantages: Very low risk, making interest every day, this strategy is simple and easy to learn. Disadvantages: Need two accounts, one paying interest and another one is interest free. Need large investment capital to make good income. Need to watch both accounts to monitor any sign of out of balance. Need to transfer money between accounts to rebalance. 2- GMT Package Hedge This strategy we don’t need two accounts, and we don’t need interest free account. In fact, we need to find a bank/broker that pays the highest interest (difference bank/broker pay difference rate). And make sure the gap between the interest we pay them and interest they pay us is as small as possi

Forex market time chart

ALF revisited - simple, effective daytrading

Why a new thread? 1. The original (over 1000 posts) is too long - discouraging for new participants. 2. The ALF method is herein improved and simplified. It will be more effective over different timeframes without the need to modify indicator settings. Currency Pair And Timeframe: Any pair, any timeframe. What is ALF? Adaptive Laguerre Filter - an indicator created by John Ehlers . It is a superior overbought/oversold tool. There is a free technical paper at Ehlers' website entitled "Time Warp Without Space Travel" which you may download if you really want to know the gory details. A few thread requests: Let us refrain from discussing repainting - nothing I post here repaints any candle other than the current one. Period. Some who followed the original thread will want to try comparing the TVI candles from that thread to the Fractal Candles introduced here. Go ahead, but please don't post screenshots of comparisons in this thread. Entries, Exits, and Stops: Entry Guid

Enhance Your Forex Trading Performance

The global currency market is undoubtedly the most traded market in the world, and has in recent years attracted plenty of newcomers to the playing field. It has been shown that many traders do not last long enough in the game because they often run out of capital before they get to really pick up some profitable trading skills. Although trading forex can be a very lucrative business, it is definitely no easy business. You pit your trading skills against other market players, and profits must be snatched from the majority, not minority. It takes a lot of time to understand what really moves the currency market, sharp trading skills and a huge dose of emotional discipline to be able to trade successfully. Trading is not just about winning one trade; it is about getting overall profits over a certain period of time, which could be tracked over a week, a month, six months or even over a year, depending on your own preference. Don't expect to be profitable in every trade, for you will

Tips for Successful Online Forex Trading (2)

Forex Trading Tips - Part 2 Part 2: These forex trading tips may be of help to the budding or hardened professional trader. Knowledge is certainly power. Posted in Forex Trading, Submitted by Trading Critic on Sat, 2006-04-08 07:05. Welcome to part 2. Still reading about the forex markets are we? Looking for more forex trading tips to help you either get started or improve your trading skills? Maybe you are just curious about how the your friend is making a killing at the forex markets, and not getting killed like you are. Whatever your case, make sure you have read part one before you keep reading. So here, we continue on our journey of discovery about finding the secret of trading the forex markets successfully. In the last article of forex trading tips, I said something about being ambitious yet humble. Well in other words, the type of trading you want to avoid is being overly cautious. Being over cautious tells me one thing about your trading. And that is, you aren’t confident enou

Tips for Successful Online Forex Trading (1)

There is no one-size-fits all solution for online forex trading. You will do your most successful online forex trading with a system that is customized to fit your needs, your style of trading and your risk comfort level. Then you need the discipline to follow your system, capital to work with and a willingness to approach each trade with energy and enthusiasm. That being said, there are always a few things you can watch for with your online forex trading career. A few pointers that will help you steer clear of mistakes and keep you on the path to success. I`ve gathered some of these useful tips in this article. Keep them in mind for when you`re uncertain what to do, and incorporate them into your system. They will make a difference in your trades. Online Forex Trading Tip #1 - Never add to a position that is losing. This is one of the few trade rules that you should never break. If you`re losing money on a position exit the trade, don`t add to it. This is how small losses become large