<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><feed xmlns='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearchrss/1.0/' xmlns:blogger='http://schemas.google.com/blogger/2008' xmlns:georss='http://www.georss.org/georss' xmlns:gd="http://schemas.google.com/g/2005" xmlns:thr='http://purl.org/syndication/thread/1.0'><id>tag:blogger.com,1999:blog-1123927182721813494</id><updated>2024-11-01T02:24:59.424-07:00</updated><category term="forex trading system"/><category term="forex education"/><category term="forex marvel trader"/><category term="forex trading"/><category term="Forex Trading Course"/><category term="price action"/><category term="Glossary of Terms"/><category term="Insider Code"/><title type='text'>Forex for You</title><subtitle type='html'>forex trading,forex markets,forex futures,forex blog</subtitle><link rel='http://schemas.google.com/g/2005#feed' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/posts/default'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default?redirect=false'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/'/><link rel='hub' href='http://pubsubhubbub.appspot.com/'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><generator version='7.00' uri='http://www.blogger.com'>Blogger</generator><openSearch:totalResults>20</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>25</openSearch:itemsPerPage><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-7104411351086917899</id><published>2011-03-27T08:50:00.000-07:00</published><updated>2011-03-27T08:56:24.767-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="forex marvel trader"/><category scheme="http://www.blogger.com/atom/ns#" term="Forex Trading Course"/><category scheme="http://www.blogger.com/atom/ns#" term="forex trading system"/><title type='text'>8-Super Aggressive Reversal Set-up</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;This set-up is a bit more aggressive, it is harder to spot but it can be very&amp;nbsp; profitable when traded.&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;u&gt;Step 1: Find a Resistance\Support level &lt;/u&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;It should be a level that price has touched before and reversed:&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-701mog4Smr9eDMQ6hmVW6YDT3cHktK_mLbWQpc5zlPTrSYgchnBxYSO22esJGFj-zFMucfsLC1kgXAELk-7zWuxx0j5fUM98iOegRCduO8xE41H4V1vpQfvxjpjx_-ONeTSyKx3mS8Y/s1600/reversal_setup.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;204&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-701mog4Smr9eDMQ6hmVW6YDT3cHktK_mLbWQpc5zlPTrSYgchnBxYSO22esJGFj-zFMucfsLC1kgXAELk-7zWuxx0j5fUM98iOegRCduO8xE41H4V1vpQfvxjpjx_-ONeTSyKx3mS8Y/s320/reversal_setup.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiG0eFbzi-F5EuOeTk_Le-J7TeHxFpSIlBZtrqxGGuSkXaixcAk5sUeshtZ9TT7HG_UXhb4PV3jpR8g9oOhtHIZFaADN-GbfSIX30Q336dgsguLmcdZAL-pXXq2EUAj4BEg1dPWOgKTGrc/s1600/reversal_setup-1.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;205&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiG0eFbzi-F5EuOeTk_Le-J7TeHxFpSIlBZtrqxGGuSkXaixcAk5sUeshtZ9TT7HG_UXhb4PV3jpR8g9oOhtHIZFaADN-GbfSIX30Q336dgsguLmcdZAL-pXXq2EUAj4BEg1dPWOgKTGrc/s320/reversal_setup-1.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;u&gt;Step 2: Make sure the Moving Average is Flat&lt;/u&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;The 20-period Moving Average must be flat for the set-up to be confirmed.&amp;nbsp; (the middle band of Bollinger)&lt;br /&gt;
&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;u&gt;Step 3: Wait for price to touch the level again&lt;/u&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Wait for price to touch the level again, AND to be close to the Bollinger&amp;nbsp; Band. For long trades price should be closer to the lower band, and for short trades&amp;nbsp; price should be closer to the higher band.&lt;br /&gt;
&lt;center&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;&gt;&lt;!--
google_ad_client = &quot;pub-9247524299858021&quot;;
/* 468x60, создано 22.03.11 */
google_ad_slot = &quot;2203657378&quot;;
google_ad_width = 468;
google_ad_height = 60;
//--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;
src=&quot;http://pagead2.googlesyndication.com/pagead/show_ads.js&quot;&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;/center&gt; &lt;br /&gt;
Reversal is confirmed when price goes above the high of the previous candle&amp;nbsp; (for long trades) or below the low of the previous candle (for short trades).&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgSgIjYfxF8UOuOCYz51Pbxy6QwVhvOz-tKp_c8A6SdzQPv0i_vcP5nWBQx3Bwj5lumpI90_BA27-PgpuO0WJRbrqtF4_WgPRTEqvhWkDTOaYb6I9krLaLACyHUvbcm42wwmZmLa6PzUb4/s1600/reversal_setup-2.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;320&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgSgIjYfxF8UOuOCYz51Pbxy6QwVhvOz-tKp_c8A6SdzQPv0i_vcP5nWBQx3Bwj5lumpI90_BA27-PgpuO0WJRbrqtF4_WgPRTEqvhWkDTOaYb6I9krLaLACyHUvbcm42wwmZmLa6PzUb4/s320/reversal_setup-2.PNG&quot; width=&quot;243&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;u&gt;Step 4: Placing Stop Loss&lt;/u&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Stop Loss is placed:&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;- 5 pips below the lowest low of last 4 candles (for long trades)&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;- 5 pips above the highest high of last 4 candles (for short trades)&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhWk-nnyv3rvXc0eYB67p_9qpg0iI63_NxaLc0-9obNMLama8-1wOOy83NPADVtdkGnKYiU9l04wiq7T8LM4FXX4Uqo6t4YRUo9lrJHGClAm_yq2iVH_vl01zFCWOqi8DRhWuU219521rc/s1600/reversal_setup-3.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;200&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhWk-nnyv3rvXc0eYB67p_9qpg0iI63_NxaLc0-9obNMLama8-1wOOy83NPADVtdkGnKYiU9l04wiq7T8LM4FXX4Uqo6t4YRUo9lrJHGClAm_yq2iVH_vl01zFCWOqi8DRhWuU219521rc/s320/reversal_setup-3.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;u&gt;Exiting the Trade&amp;nbsp;&lt;/u&gt;&lt;br /&gt;
Trade is closed when price touches the opposite Bollinger Band.&lt;br /&gt;
&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjz2HHbNCIQgSLrxtgv5wBcZ_lExkMbN-kdEu6rUV7QmV3IzwKwfulGcorTWzfmXAGvbkuNv75aeuwC7no7jMLuX5eNKWMZbdFrPgNV5lNSB_03gIOYCAW_1QxhCFD7WKKMAXKqtHfEqGg/s1600/reversal_setup-4.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;202&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjz2HHbNCIQgSLrxtgv5wBcZ_lExkMbN-kdEu6rUV7QmV3IzwKwfulGcorTWzfmXAGvbkuNv75aeuwC7no7jMLuX5eNKWMZbdFrPgNV5lNSB_03gIOYCAW_1QxhCFD7WKKMAXKqtHfEqGg/s320/reversal_setup-4.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj28EHCCl3y1NvoUlY4VVkdTJmMXnjLYF5lCMYoHpythF1KAtZfsaCbPJGVCGVLUWSNhOBfWsoRd66EOWKVI_UKmTzZoQ3G6QovbLfq2zJv-Zi5ttPtEyDUt0Y-jXsyg6qVAv4V55CusTU/s1600/reversal_setup-5.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;320&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj28EHCCl3y1NvoUlY4VVkdTJmMXnjLYF5lCMYoHpythF1KAtZfsaCbPJGVCGVLUWSNhOBfWsoRd66EOWKVI_UKmTzZoQ3G6QovbLfq2zJv-Zi5ttPtEyDUt0Y-jXsyg6qVAv4V55CusTU/s320/reversal_setup-5.PNG&quot; width=&quot;255&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjOHEv1hBn615E5DEErChQ-DUYEGmgQ06uYyeVZdSKUenKGQww4ushwmxZA7xdG024QlozBGE95qDaCsNk5krTRpctwSsWC5xS8u27lNzVB36YyFEOIJN2sjaXxyg4l0zUO6j9kLHaXEDY/s1600/reversal_setup-6.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;204&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjOHEv1hBn615E5DEErChQ-DUYEGmgQ06uYyeVZdSKUenKGQww4ushwmxZA7xdG024QlozBGE95qDaCsNk5krTRpctwSsWC5xS8u27lNzVB36YyFEOIJN2sjaXxyg4l0zUO6j9kLHaXEDY/s320/reversal_setup-6.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;br /&gt;
&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/forex-marvel-trader.html&quot;&gt;1-Forex Marvel Trader&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/trendline-pullback.html&quot;&gt;7-TrendLine Pullback&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2008/08/forex-education-why-buying-low-selling.html&quot;&gt;Forex Education - Why Buying Low Selling High is Not the Best Strategy For Profits&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2009/06/insider-code-agora-forex-trading-course.html&quot;&gt;The Insider Code Agora Forex Trading Course&lt;/a&gt;&lt;/h3&gt;&lt;script language=&quot;javascript&quot; src=&quot;http://ekstreme.com/socializer/socializer.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/7104411351086917899/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/7104411351086917899' title='2 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/7104411351086917899'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/7104411351086917899'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2011/03/reversal-setup-in-forex.html' title='8-Super Aggressive Reversal Set-up'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-701mog4Smr9eDMQ6hmVW6YDT3cHktK_mLbWQpc5zlPTrSYgchnBxYSO22esJGFj-zFMucfsLC1kgXAELk-7zWuxx0j5fUM98iOegRCduO8xE41H4V1vpQfvxjpjx_-ONeTSyKx3mS8Y/s72-c/reversal_setup.PNG" height="72" width="72"/><thr:total>2</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-5132349736762356362</id><published>2011-03-26T03:08:00.000-07:00</published><updated>2011-03-27T09:13:00.547-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="forex marvel trader"/><category scheme="http://www.blogger.com/atom/ns#" term="forex trading system"/><title type='text'>7-TrendLine Pullback</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;The second set-up we are going to teach you is the TrendLine Pullback&amp;nbsp; formation. The TrendLine pullback formation occurs when price breaks a trend line, and&amp;nbsp; then retraces to test it.&amp;nbsp; Once price tests it, and reverses – we will enter the trade in the direction of&amp;nbsp; the breakout.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;u&gt;Step 1: Identifying a trend line&lt;/u&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;We identify a trend line – price stopping on one line for more than 2 times.&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiOPIMpnOBLLrf0DZiLyWZQi_oSo__SIvBmod8EwaLBJgLor2zaFz2s3ycrCgzNxhcx6WKoGRSF64E01hWP_drBlu8O67-e97NmZlfPAL6MYf1cuF_YFim2X94e8RViJEHiLTwf68S2KhU/s1600/trendline_pullback.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;227&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiOPIMpnOBLLrf0DZiLyWZQi_oSo__SIvBmod8EwaLBJgLor2zaFz2s3ycrCgzNxhcx6WKoGRSF64E01hWP_drBlu8O67-e97NmZlfPAL6MYf1cuF_YFim2X94e8RViJEHiLTwf68S2KhU/s320/trendline_pullback.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyrN_Jx-cxcBesgbuLjWnWazGSfKoyh-HJn45bRwOkwSoAu84Vw5KsJQuXz2sKTkbBY5fuvusRDCn_iD5K5km4mpYmv1Be7n5w8Ylvv_HYf7dmzo63gvXL1ZiNdIA04OMMQjKhpMhAc3o/s1600/trendline_pullback-2.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;231&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyrN_Jx-cxcBesgbuLjWnWazGSfKoyh-HJn45bRwOkwSoAu84Vw5KsJQuXz2sKTkbBY5fuvusRDCn_iD5K5km4mpYmv1Be7n5w8Ylvv_HYf7dmzo63gvXL1ZiNdIA04OMMQjKhpMhAc3o/s320/trendline_pullback-2.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;u&gt;&lt;/u&gt;&lt;br /&gt;
&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;u&gt;Step 2: Wait for price to break the trend line&lt;/u&gt;&lt;br /&gt;
&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjBDS_uquP_H3TluNK4SFokzhlT7Cy1zwDskCIWhHdUnHNsYjA5G4v0UzgtyaCRaYMcNP53yqathcPvknup_NE3V6-hqOovrtSDx-LrbBBL8Z4aVGjylqvPOAuahJLL_JqTFXFkcP4LfUE/s1600/trendline_pullback-3.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;320&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjBDS_uquP_H3TluNK4SFokzhlT7Cy1zwDskCIWhHdUnHNsYjA5G4v0UzgtyaCRaYMcNP53yqathcPvknup_NE3V6-hqOovrtSDx-LrbBBL8Z4aVGjylqvPOAuahJLL_JqTFXFkcP4LfUE/s320/trendline_pullback-3.PNG&quot; width=&quot;219&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;u&gt;Step 3: Wait for price to retest the trend line&lt;/u&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Price re-tests the trend line when it comes back to touch it. Reversal is confirmed when price goes above the high of the previous candle&amp;nbsp; (for long trades) or below the low of the previous candle (for short trades).&lt;/div&gt;&lt;center&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;&gt;
&lt;!--
google_ad_client = &quot;pub-9247524299858021&quot;;
/* 468x60, создано 22.03.11 */
google_ad_slot = &quot;2203657378&quot;;
google_ad_width = 468;
google_ad_height = 60;
//--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;script src=&quot;http://pagead2.googlesyndication.com/pagead/show_ads.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;/center&gt;&lt;br /&gt;
&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiEqYW2izEzYnwuYPWGC6ql7Bpjds8bmm23NKUI7DPfyZC4ucSgebvJW1oXCM7jgXDDjguJXuOtbiDoCGpEcIfOmdNAZuD4dCKcmX9KttEMyU4fKGv77Ga9LivrXDqS_L7HINwEOrfb1gs/s1600/trendline_pullback-4.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;234&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiEqYW2izEzYnwuYPWGC6ql7Bpjds8bmm23NKUI7DPfyZC4ucSgebvJW1oXCM7jgXDDjguJXuOtbiDoCGpEcIfOmdNAZuD4dCKcmX9KttEMyU4fKGv77Ga9LivrXDqS_L7HINwEOrfb1gs/s320/trendline_pullback-4.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEga3U-y6ZOMag0vYqT_eKM-PY4Ft8NT8EfBXELjTeOq1D63Uo-3NLOY7LAixmxc2anKpVy00IVnUro-VNHeNGygNGhohvGO_MMiFCKnFgRTYtuXx4NSMPstWP84Fk4KBA7qwZ-M2zi-_aY/s1600/trendline_pullback-5.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;320&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEga3U-y6ZOMag0vYqT_eKM-PY4Ft8NT8EfBXELjTeOq1D63Uo-3NLOY7LAixmxc2anKpVy00IVnUro-VNHeNGygNGhohvGO_MMiFCKnFgRTYtuXx4NSMPstWP84Fk4KBA7qwZ-M2zi-_aY/s320/trendline_pullback-5.PNG&quot; width=&quot;219&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;u&gt;Step 4: Placing Stop Loss&lt;/u&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Stop Loss is placed:&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;- 5 pips below the lowest low of last 4 candles (for long trades)&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;- 5 pips above the highest high of last 4 candles (for short trades)&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;u&gt;Exiting the Trade&lt;/u&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Trade is closed when the 20-period&amp;nbsp; moving average is no longer sloped = is&amp;nbsp; flat. A flat moving average signals that the trend is weak and not likely continue. &lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Next chapter - &lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/reversal-setup-in-forex.html&quot;&gt;Super Aggressive Reversal Set-up&lt;/a&gt;&lt;/div&gt;&lt;br /&gt;
&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/forex-marvel-trader.html&quot;&gt;1-Forex Marvel Trader&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2008/08/forex-education-why-buying-low-selling.html&quot;&gt;&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2009/02/scalping-system-3-2-sars-to-go.html&quot;&gt;Scalping system 3 (2 SARs to go)&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/trading-plan-content.html&quot;&gt;Trading Plan Content&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2010/03/100-z-forex-system.html&quot;&gt;100 Z Forex system&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2008/08/forex-education-why-buying-low-selling.html&quot;&gt;Forex Education - Why Buying Low Selling High is Not the Best Strategy For Profits&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&amp;nbsp;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&amp;nbsp; &lt;/h3&gt;&lt;script language=&quot;javascript&quot; src=&quot;http://ekstreme.com/socializer/socializer.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/5132349736762356362/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/5132349736762356362' title='2 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/5132349736762356362'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/5132349736762356362'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2011/03/trendline-pullback.html' title='7-TrendLine Pullback'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiOPIMpnOBLLrf0DZiLyWZQi_oSo__SIvBmod8EwaLBJgLor2zaFz2s3ycrCgzNxhcx6WKoGRSF64E01hWP_drBlu8O67-e97NmZlfPAL6MYf1cuF_YFim2X94e8RViJEHiLTwf68S2KhU/s72-c/trendline_pullback.PNG" height="72" width="72"/><thr:total>2</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-1678370257838218864</id><published>2011-03-26T02:06:00.000-07:00</published><updated>2011-03-27T09:24:47.408-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="forex marvel trader"/><category scheme="http://www.blogger.com/atom/ns#" term="forex trading"/><category scheme="http://www.blogger.com/atom/ns#" term="forex trading system"/><title type='text'>6-SR System The Trading Set-ups</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span lang=&quot;EN-US&quot;&gt;&lt;u&gt;Dynamic SR System&lt;/u&gt;&amp;nbsp;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span lang=&quot;EN-US&quot;&gt;The first trading set-up we are going to show you is the Dynamic SR set-up.&amp;nbsp; &amp;nbsp;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span lang=&quot;EN-US&quot;&gt;As the name suggests the basis for this system is dynamic support\resistance&amp;nbsp; level which price has struggle to break. When price touches this level we will&amp;nbsp; wait for signs that price is reversing- and will enter the trade.&amp;nbsp;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span lang=&quot;EN-US&quot;&gt;The dynamic SR level will be the Moving Average level. Preferably the 20- period Moving Average, though you can use any other period.&amp;nbsp;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span lang=&quot;EN-US&quot;&gt;&lt;u&gt;Step 1: Waiting for the MA to become sloped&lt;/u&gt;.&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span lang=&quot;EN-US&quot;&gt;We wait for the MA to become sloped. This is a sign that the trend is strong. A sloped moving average means that the trend is strong and therefore any&amp;nbsp; retracement to the MA will probably lead to a continuation in price, and a&amp;nbsp; good trading signal for us to trade.&lt;/span&gt;&lt;br /&gt;
&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;u&gt;&lt;span lang=&quot;EN-US&quot;&gt;Step 2: Wait for price to touch MA.&lt;/span&gt;&lt;/u&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span lang=&quot;EN-US&quot;&gt;Wait for price to touch the MA, and reverse. Reversal is confirmed when price goes above the high of the previous candle&amp;nbsp; (for long trades) or below the low of the previous candle (for short trades).&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhUmWekIK-zRVCpqkh3uUq76tw5EeIuFIsMINl3uTi0WyUyp_zEjN-oewPMkvbUsETVLaP7B2GYLrc9P0JZ64dlHAuG0BQIZJIrOLlpQdprxW-pumyMNevYPyNNGNvJYMu3AP8pexpbG2g/s1600/sr_system.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;320&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhUmWekIK-zRVCpqkh3uUq76tw5EeIuFIsMINl3uTi0WyUyp_zEjN-oewPMkvbUsETVLaP7B2GYLrc9P0JZ64dlHAuG0BQIZJIrOLlpQdprxW-pumyMNevYPyNNGNvJYMu3AP8pexpbG2g/s320/sr_system.PNG&quot; width=&quot;253&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiGwH8UKUh1Ef4DU3i9puu0vDlcti3DSBBorProLRQSZjp7Snq4e5faInOAoIMLpQXCnT1L6J1OMbwKPo1s2IH4BvqKSqzBcBLb9GCbZitZwbm_Xt5lHl3Bpw7RIpA49k67113G5liOYr0/s1600/sr_system-2.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;188&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiGwH8UKUh1Ef4DU3i9puu0vDlcti3DSBBorProLRQSZjp7Snq4e5faInOAoIMLpQXCnT1L6J1OMbwKPo1s2IH4BvqKSqzBcBLb9GCbZitZwbm_Xt5lHl3Bpw7RIpA49k67113G5liOYr0/s320/sr_system-2.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;u&gt;&lt;span lang=&quot;EN-US&quot;&gt;Step 4: Placing Stop Loss.&lt;/span&gt;&lt;/u&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span lang=&quot;EN-US&quot;&gt;Stop Loss is placed: &lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span lang=&quot;EN-US&quot;&gt;- 5 pips below the lowest low of last 4 candles (for long trades)&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span lang=&quot;EN-US&quot;&gt;- 5 pips above the highest high of last 4 candles (for short trades)&amp;nbsp;&lt;/span&gt;&lt;/div&gt;&lt;center&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;&gt;
&lt;!--
google_ad_client = &quot;pub-9247524299858021&quot;;
/* 468x60, создано 22.03.11 */
google_ad_slot = &quot;2203657378&quot;;
google_ad_width = 468;
google_ad_height = 60;
//--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;script src=&quot;http://pagead2.googlesyndication.com/pagead/show_ads.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;/center&gt;&lt;br /&gt;
&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span lang=&quot;EN-US&quot;&gt;&lt;u&gt;Exiting the Trade&lt;/u&gt;.&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span lang=&quot;EN-US&quot;&gt; Trade is closed when the moving average is no longer sloped = is flat.&amp;nbsp;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span lang=&quot;EN-US&quot;&gt;Examples for trades&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEglgBnMxUmmIPbeRPGizK43BdYwmqgfcRdzRzPrWLlSJh0PM1cgvluxsiC2iyoaIhNTDK-pj8S7Ef4XxYmnhSSZTTFun4VR7df6RHqSP78c-3v5Su9JeaNQvarGaQ2Al1HMEVTmBqwGODU/s1600/sr_system-3.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;206&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEglgBnMxUmmIPbeRPGizK43BdYwmqgfcRdzRzPrWLlSJh0PM1cgvluxsiC2iyoaIhNTDK-pj8S7Ef4XxYmnhSSZTTFun4VR7df6RHqSP78c-3v5Su9JeaNQvarGaQ2Al1HMEVTmBqwGODU/s320/sr_system-3.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgc8e_2_5bu0kAKFN5rC8CArK2TcBhsonsoBNcYgWQp7FyOqHu2et5g-jfw8PhV1nroUdcXNtpRarA4so6oDVnqFgmLafqkhWs0ZJGe2C1CmumJrPNukRZLGRuX7M7YB-ywZI8vt2TdVv0/s1600/sr_system-6.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;185&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgc8e_2_5bu0kAKFN5rC8CArK2TcBhsonsoBNcYgWQp7FyOqHu2et5g-jfw8PhV1nroUdcXNtpRarA4so6oDVnqFgmLafqkhWs0ZJGe2C1CmumJrPNukRZLGRuX7M7YB-ywZI8vt2TdVv0/s320/sr_system-6.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjgxcw0hkV0I0ECvYMKrsE7aZAEs00hzGWGtxGbHOFa6UO2IeN4HueFospFEeIaKsXieAxy6kGy6eiLiv61O49YpedAZk_X3k2dANwCGOPxSaoy7DxErygd4BDJTzmHzbC1mTb1jI_Yy_4/s1600/sr_system-4.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;187&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjgxcw0hkV0I0ECvYMKrsE7aZAEs00hzGWGtxGbHOFa6UO2IeN4HueFospFEeIaKsXieAxy6kGy6eiLiv61O49YpedAZk_X3k2dANwCGOPxSaoy7DxErygd4BDJTzmHzbC1mTb1jI_Yy_4/s320/sr_system-4.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiwJgEeh2Y-JM1Vxmn5AgqIzGNqMI3GLo9AvWnxurtJ_qrM1kLvMuxCB1ibtlMOWBoIKit0USHg35Yb8rk9neDM5JIeVcFNL5rPr6i0fH2GKkjHBf4kmCj26-6S3sBO3oR7RCpeqpFWg4U/s1600/sr_system-5.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;185&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiwJgEeh2Y-JM1Vxmn5AgqIzGNqMI3GLo9AvWnxurtJ_qrM1kLvMuxCB1ibtlMOWBoIKit0USHg35Yb8rk9neDM5JIeVcFNL5rPr6i0fH2GKkjHBf4kmCj26-6S3sBO3oR7RCpeqpFWg4U/s320/sr_system-5.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span lang=&quot;EN-US&quot;&gt; Read next chapter &lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/trendline-pullback.html&quot;&gt;TrendLine Pullback&lt;/a&gt;&lt;/span&gt;&lt;br /&gt;
&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/forex-marvel-trader.html&quot;&gt;1-Forex Marvel Trader&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/2-basics-of-charting.html&quot;&gt;2-The Basics of Charting&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/breakout-and-pullback.html&quot;&gt;3-Breakout and Pullback&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/when-trade-is-confirmed.html&quot;&gt;4-When trade is confirmed&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/money-management.html&quot;&gt;5-Money Management&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2009/02/forex-trading-strategy-1-fast-moving.html&quot;&gt;Forex trading strategy 1 (Fast moving averages crossover)&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&amp;nbsp;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&amp;nbsp;&lt;/h3&gt;&lt;/div&gt;&lt;script language=&quot;javascript&quot; src=&quot;http://ekstreme.com/socializer/socializer.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/1678370257838218864/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/1678370257838218864' title='1 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/1678370257838218864'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/1678370257838218864'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2011/03/sr-system.html' title='6-SR System The Trading Set-ups'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhUmWekIK-zRVCpqkh3uUq76tw5EeIuFIsMINl3uTi0WyUyp_zEjN-oewPMkvbUsETVLaP7B2GYLrc9P0JZ64dlHAuG0BQIZJIrOLlpQdprxW-pumyMNevYPyNNGNvJYMu3AP8pexpbG2g/s72-c/sr_system.PNG" height="72" width="72"/><thr:total>1</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-4749882383697745254</id><published>2011-03-25T10:09:00.000-07:00</published><updated>2011-03-27T09:33:58.300-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="forex education"/><category scheme="http://www.blogger.com/atom/ns#" term="forex marvel trader"/><category scheme="http://www.blogger.com/atom/ns#" term="forex trading"/><category scheme="http://www.blogger.com/atom/ns#" term="price action"/><title type='text'>5-Money Management</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjlIU8tVnKFuk7oZKkM9J4MauGpg2o_A-4msboa4bPJxaEv1NjQvVsD0LjzpwkjhUPoZHq6tqCvgsz0cAmsrJSApnDxstN6zzBRd4oVXjfZiGwS5bPlP7vVJoLPiCtxzI-JqPNUCBAulcM/s1600/money-management.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjlIU8tVnKFuk7oZKkM9J4MauGpg2o_A-4msboa4bPJxaEv1NjQvVsD0LjzpwkjhUPoZHq6tqCvgsz0cAmsrJSApnDxstN6zzBRd4oVXjfZiGwS5bPlP7vVJoLPiCtxzI-JqPNUCBAulcM/s1600/money-management.PNG&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;Most people who approach trading discard &lt;b&gt;Money Management&lt;/b&gt; as it is less&amp;nbsp; attractive than indicators, systems, and practical trading techniques.&amp;nbsp; Nevertheless, this is the core foundation of trading success. Without solid&amp;nbsp;&lt;i&gt; money management&lt;/i&gt; it even the best trading system will cause losses. It is&amp;nbsp; important to know the basic truths of Money Management as they are the&amp;nbsp; core of any probabilistic endeavor.&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;The basics of money management are derived from a simple trading truth:&lt;br /&gt;
&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;/div&gt;&lt;div style=&quot;text-align: center;&quot;&gt;&lt;b&gt;&lt;u&gt;The outcome of any single trade is unknown&lt;/u&gt;&lt;/b&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;The outcome of any single trade is unknown. Each outcome – profit or loss –&amp;nbsp; has a certain probability for occurring. The conclusion from this truth is that&amp;nbsp; streaks of losing trades will occur, even if your trading system is profitable.&amp;nbsp; The purpose of &lt;u&gt;money management&lt;/u&gt; is to make you survive the streaks and&amp;nbsp; able to recover quickly.&amp;nbsp;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;First principle of money management:&lt;/div&gt;&lt;div style=&quot;text-align: center;&quot;&gt;&lt;b&gt;&lt;u&gt;Risk a constant amount of money on each trade&lt;/u&gt;&lt;/b&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;I recommend risking 1-3% of your money on any single trade. Following this&amp;nbsp; principle, even if one suffers 10 consecutive losses, he will only lose 10%- 30% of equity and would be able to continue taking trades and eventually&amp;nbsp; recover. Most people risk 5-10% on each trade. This is a strategy that will&amp;nbsp; inevitably lead to margin call – as even the best traders sometimes suffer&amp;nbsp; from streaks of 10 consecutive losses. When these streaks occur, it will&amp;nbsp; eliminate profits of many successful months or even years if improper Money&amp;nbsp; Management is used.&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;This is an important issue many traders tend to forget. A fellow trader of mine&amp;nbsp; is an exceptional trader. He had months with 1000 pips profit, and he doubled&amp;nbsp; his account almost each month. After few months of trading with immense&amp;nbsp; success, he developed an attitude of a total winner.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;This was a double-edge sword: It gave him confidence in his analysis which&amp;nbsp; is crucial for traders, but it also led him to believe that he is the market. He&amp;nbsp; forgot the main principle of Trading, that each trade is a probabilistic event.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;His trade size grew gradually until he risked 30%, even 40% of his entire&amp;nbsp; equity in single trades. Despite his exceptional trading abilities, he eventually&amp;nbsp; ended up broke.&lt;/div&gt;&lt;br /&gt;
&lt;center&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;&gt;
&lt;!--
google_ad_client = &quot;pub-9247524299858021&quot;;
/* 468x60, создано 22.03.11 */
google_ad_slot = &quot;2203657378&quot;;
google_ad_width = 468;
google_ad_height = 60;
//--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;script src=&quot;http://pagead2.googlesyndication.com/pagead/show_ads.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;/center&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;I will now describe a popular method of money management that is accepted&amp;nbsp; by investors and traders, though it is mathematically proven to diminish your&amp;nbsp; account. I am talking about Martingale – also known as Averaging and&amp;nbsp; Doubling-Down.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;The basis of this method is doubling the trade size after each loss, so in case&amp;nbsp; of profit, it will cover all previous losses. This strategy&#39;s origins are traced to&amp;nbsp; gambling.&amp;nbsp;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;This money management system attracts many novice traders because it&amp;nbsp; seems to be the magic cure for their trading illnesses. I will now demonstrate&amp;nbsp; how destructive this method actually is. Let&#39;s assume you risk 1% of your&amp;nbsp; equity on a single trade – very conservative approach. For each loss, one&amp;nbsp; doubles his trade size, in order to compensate for previous losses.&amp;nbsp;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;It takes only 7 consecutive losses to drain all money from trading account. It&amp;nbsp; may seem a distant, improbable event, but even one has 60% win percentage&amp;nbsp; (and most traders do not), it takes just 245 trades for such an event to happen.&amp;nbsp; Eventually, the evaporation of money is inevitable.&amp;nbsp;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;This leads us to the second principle of money management:&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: center;&quot;&gt;&lt;u&gt;&lt;b&gt;Do not change your trade size&lt;/b&gt; &lt;/u&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;No matter how many losing trades occur one should keep his trade size&amp;nbsp; constant. The constant trading size will eventually lead to recovery. Most&amp;nbsp; traders, when faced with streak of losses, will decrease their trade size&amp;nbsp; because of fear, or increase it – to compensate for their losses. I strongly&amp;nbsp; advise you not to follow this course of action.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;These are the core foundations of Money Management. Remember these&amp;nbsp; principles and do not deviate from them, in any circumstances. Even if you&amp;nbsp; change the type of signals you trade, or choose to follow a system of your own, these principles should be left intact in your trading arsenal.&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Let us summarize them up:&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;u&gt;The outcome of any single trade is unknown&lt;/u&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;u&gt;Risk a constant amount of money on each trade &lt;/u&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;u&gt;Do not change your trade size&amp;nbsp;&lt;/u&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Now, when we have the foundations, we shall proceed to learning the&amp;nbsp; core of our trading system – &lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/sr-system.html&quot;&gt;Chart Patterns&lt;/a&gt;.&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/forex-marvel-trader.html&quot;&gt;1-Forex Marvel Trader&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/2-basics-of-charting.html&quot;&gt;2-The Basics of Charting&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/breakout-and-pullback.html&quot;&gt;3-Breakout and Pullback&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/when-trade-is-confirmed.html&quot;&gt;4-When trade is confirmed&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/how-i-trade-price-action.html&quot;&gt;How I trade Price Action&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&amp;nbsp;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&amp;nbsp;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&amp;nbsp;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&amp;nbsp;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;script language=&quot;javascript&quot; src=&quot;http://ekstreme.com/socializer/socializer.js&quot; type=&quot;text/javascript&quot;&gt;
 
&lt;/script&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/4749882383697745254/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/4749882383697745254' title='1 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/4749882383697745254'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/4749882383697745254'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2011/03/money-management.html' title='5-Money Management'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjlIU8tVnKFuk7oZKkM9J4MauGpg2o_A-4msboa4bPJxaEv1NjQvVsD0LjzpwkjhUPoZHq6tqCvgsz0cAmsrJSApnDxstN6zzBRd4oVXjfZiGwS5bPlP7vVJoLPiCtxzI-JqPNUCBAulcM/s72-c/money-management.PNG" height="72" width="72"/><thr:total>1</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-1964343757893470101</id><published>2011-03-25T09:45:00.000-07:00</published><updated>2011-03-27T09:37:35.611-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="forex education"/><category scheme="http://www.blogger.com/atom/ns#" term="forex marvel trader"/><category scheme="http://www.blogger.com/atom/ns#" term="forex trading"/><category scheme="http://www.blogger.com/atom/ns#" term="forex trading system"/><category scheme="http://www.blogger.com/atom/ns#" term="price action"/><title type='text'>4-When trade is confirmed</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;We will now describe a very important subject – exact timing of trades. Until&amp;nbsp; this point we have discussed the scenarios which we will trade (bounces and&amp;nbsp; pullbacks). Now we will describe when exactly each scenario is confirmed –&amp;nbsp; and a trade should be entered. Do not worry if the rules are not completely&amp;nbsp; understood – numerous examples of these techniques will be given in the&amp;nbsp; following chapters. &lt;br /&gt;
&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;u&gt;&lt;b&gt;Bounce&lt;/b&gt;&lt;/u&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Bounce is confirmed after: &lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;1. Price created one candle in the opposite direction of previous&amp;nbsp; candle.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;2. A second candle passed the low of the previous (for short&amp;nbsp; trades) or high (for long trades).&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Examples:&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgiE2wdGiFJFiaBYVaS-tmnPFzKxpQahOEf1dgZnvlOxcZaJkJTVdWbyHNKsMz51LJkF_jj9Q8udG4mYnQ5pLe6f8fDL2IKdzlQliy27PkY7MYDyIY1KtMWlgs0X2H4Hgl9cjUYE9If-f4/s1600/exact_timing_of_trades.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;202&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgiE2wdGiFJFiaBYVaS-tmnPFzKxpQahOEf1dgZnvlOxcZaJkJTVdWbyHNKsMz51LJkF_jj9Q8udG4mYnQ5pLe6f8fDL2IKdzlQliy27PkY7MYDyIY1KtMWlgs0X2H4Hgl9cjUYE9If-f4/s320/exact_timing_of_trades.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtLtyubdXVloOEAYWd73ILOObAPAZqW5QybnfCt4g8xjr5-2JG7HhzmUacGiTvhwgsB5EpX1YtKVIjt4vuOLfRBloCJf5Sk57VmO_L4Cl9lD70XabcLTxqo-u3EO9gUMgk6pRyVH3TXvc/s1600/exact_timing_of_trades-2.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;320&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtLtyubdXVloOEAYWd73ILOObAPAZqW5QybnfCt4g8xjr5-2JG7HhzmUacGiTvhwgsB5EpX1YtKVIjt4vuOLfRBloCJf5Sk57VmO_L4Cl9lD70XabcLTxqo-u3EO9gUMgk6pRyVH3TXvc/s320/exact_timing_of_trades-2.PNG&quot; width=&quot;255&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;u&gt;&lt;b&gt;Pullback&lt;/b&gt;&lt;/u&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Pullback is confirmed the same way as bounce.&amp;nbsp; At all future chart pattern examples, exact entry point will be marked. Next chapter &lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/money-management.html&quot;&gt;Money Management&lt;/a&gt;&lt;br /&gt;
&lt;center&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;&gt;
&lt;!--
google_ad_client = &quot;pub-9247524299858021&quot;;
/* 468x60, создано 22.03.11 */
google_ad_slot = &quot;2203657378&quot;;
google_ad_width = 468;
google_ad_height = 60;
//--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;script src=&quot;http://pagead2.googlesyndication.com/pagead/show_ads.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;/center&gt;&lt;br /&gt;
&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/forex-marvel-trader.html&quot;&gt;1-Forex Marvel Trader&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/2-basics-of-charting.html&quot;&gt;2-The Basics of Charting&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/breakout-and-pullback.html&quot;&gt;3-Breakout and Pullback&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/how-i-trade-price-action.html&quot;&gt;How I trade Price Action&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/trading-plan-content.html&quot;&gt;Trading Plan Content&lt;/a&gt;&amp;nbsp;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;script language=&quot;javascript&quot; src=&quot;http://ekstreme.com/socializer/socializer.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;/div&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/1964343757893470101/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/1964343757893470101' title='1 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/1964343757893470101'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/1964343757893470101'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2011/03/when-trade-is-confirmed.html' title='4-When trade is confirmed'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgiE2wdGiFJFiaBYVaS-tmnPFzKxpQahOEf1dgZnvlOxcZaJkJTVdWbyHNKsMz51LJkF_jj9Q8udG4mYnQ5pLe6f8fDL2IKdzlQliy27PkY7MYDyIY1KtMWlgs0X2H4Hgl9cjUYE9If-f4/s72-c/exact_timing_of_trades.PNG" height="72" width="72"/><thr:total>1</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-8680187248058778164</id><published>2011-03-25T09:18:00.000-07:00</published><updated>2011-03-27T09:41:25.762-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="forex education"/><category scheme="http://www.blogger.com/atom/ns#" term="forex marvel trader"/><category scheme="http://www.blogger.com/atom/ns#" term="forex trading"/><title type='text'>3-Breakout and Pullback</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Our trading decisions will be based on actions that price can perform in&amp;nbsp; relation to trendlines. There are three scenarios that price can perform:&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;- Bounce&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;- Breakout&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;- Pullback&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;I will now explain each scenario and demonstrate in charts. Bounces Bounce occurs when price touches a Support or Resistance level and bounces&amp;nbsp; in the opposite direction. These are strong signals that we will incorporate in&amp;nbsp; our trading repeatedly.&amp;nbsp; Examples for bounces were shown in the last pages:&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg9WrSGX8c-nQtrHfpDZ8reQ4xcnUzDglaATQDqvrX0tqy2YSI1jahDU42u0VBdC-0rY_MxYjSiQEvC7jOg1_U5Xp_Sra4lFo1v16deX9ZOVOnyS4hbZNTsruaTwMGjKGAwE8pHab4iUjo/s1600/breakout_and_pullback.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;188&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg9WrSGX8c-nQtrHfpDZ8reQ4xcnUzDglaATQDqvrX0tqy2YSI1jahDU42u0VBdC-0rY_MxYjSiQEvC7jOg1_U5Xp_Sra4lFo1v16deX9ZOVOnyS4hbZNTsruaTwMGjKGAwE8pHab4iUjo/s320/breakout_and_pullback.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div style=&quot;text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgEAx3gqKwUDEmEI4C2U0kTdpOddBU8PZOu_Fm2zXXRuoim6L73Ld7N0YY8D_HOmie1Xi8VeTTa089OUFqI_XOolrLcGnEUN6GWBnJT991Xt7dLm8lbKh63Ow8L15Yf0fZcws5JPK-c1qw/s1600/breakout_and_pullback-1.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;320&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgEAx3gqKwUDEmEI4C2U0kTdpOddBU8PZOu_Fm2zXXRuoim6L73Ld7N0YY8D_HOmie1Xi8VeTTa089OUFqI_XOolrLcGnEUN6GWBnJT991Xt7dLm8lbKh63Ow8L15Yf0fZcws5JPK-c1qw/s320/breakout_and_pullback-1.PNG&quot; width=&quot;274&quot; /&gt;&lt;/a&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Price bounced several times on these support and resistance levels. The more&amp;nbsp; bounces – the stronger these levels are. We will only trade on levels that have&amp;nbsp; at least 2 bounces. Levels with 1 bounce only are not strong enough to serve&amp;nbsp; as trading signals. &lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;b&gt;&lt;u&gt;Breakouts&lt;/u&gt;&lt;/b&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Breakouts occur when price breaks a support or resistance level. They are&amp;nbsp; usually accompanied with high volume and big movement of price. We will&amp;nbsp; not trade these signals. Examples for breakouts:&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhGud8YWOka3Zm9Wprg_7BLzeBltwd5gxc59A0yG5A4mC9YQ_v3-3nWjH4ZEfNxVb6BHH_XMl51ff7GKCQIGlSB8LDSW6sTqB5E6mQoNK1XqN1NDCHZw8kp-lGgBi86By_t08QUulYlB70/s1600/breakout_and_pullback-2.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;205&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhGud8YWOka3Zm9Wprg_7BLzeBltwd5gxc59A0yG5A4mC9YQ_v3-3nWjH4ZEfNxVb6BHH_XMl51ff7GKCQIGlSB8LDSW6sTqB5E6mQoNK1XqN1NDCHZw8kp-lGgBi86By_t08QUulYlB70/s320/breakout_and_pullback-2.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEilya5yHiLoQaPDvnMp_DQV2c72QRG08qxJ-jOlabcV0NMq1Ou8lxauMznDMGQQD9yNBcHf2jfqewx-cO6J6FVkMl_71QNJey5Mw4zNTpoGncxhvCpfWBqLsh6-6S9U9ZQ7oMcZFVDLppE/s1600/breakout_and_pullback-3.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;320&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEilya5yHiLoQaPDvnMp_DQV2c72QRG08qxJ-jOlabcV0NMq1Ou8lxauMznDMGQQD9yNBcHf2jfqewx-cO6J6FVkMl_71QNJey5Mw4zNTpoGncxhvCpfWBqLsh6-6S9U9ZQ7oMcZFVDLppE/s320/breakout_and_pullback-3.PNG&quot; width=&quot;258&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiKacIAt0YK9QSOi4cXGgCNK-bIHlpEghBLU3DuDJZ1w2M4qXlDpx_ymyLWqHlt_4EnIcKBXvrb7Wxdg5KXGVCcGkGTt72Gh9TBZQ3iM7tj48lTDieZ98dvTcM-5ZuBtcHfRRcVtuKXnZY/s1600/breakout_and_pullback-4.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;205&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiKacIAt0YK9QSOi4cXGgCNK-bIHlpEghBLU3DuDJZ1w2M4qXlDpx_ymyLWqHlt_4EnIcKBXvrb7Wxdg5KXGVCcGkGTt72Gh9TBZQ3iM7tj48lTDieZ98dvTcM-5ZuBtcHfRRcVtuKXnZY/s320/breakout_and_pullback-4.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Breakout signals attract many inexperienced traders that mistakenly think&amp;nbsp; that the Breakout is a profitable signal.&amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Breakout is usually an unreliable signal whose continuation is doubtful. Price&amp;nbsp; may appear to break a certain level but will close below it – this is known as&amp;nbsp; &#39;Fakeout&#39;. This happens a lot, especially when trading in small time-frames&amp;nbsp; (Day Trading). When trading stocks, you can trade breakouts, though you&amp;nbsp; will suffer from the same drawback these signals have.&amp;nbsp;&amp;nbsp;&lt;/div&gt;&lt;center&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;&gt;
&lt;!--
google_ad_client = &quot;pub-9247524299858021&quot;;
/* 468x60, создано 22.03.11 */
google_ad_slot = &quot;2203657378&quot;;
google_ad_width = 468;
google_ad_height = 60;
//--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;script src=&quot;http://pagead2.googlesyndication.com/pagead/show_ads.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;/center&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;This drawback is the inability of placing a stop loss at a logical location.&amp;nbsp;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;When entering on a breakout, we don&#39;t know where to place the stop loss, as&amp;nbsp; price can retrace, touch our stop loss order (closing our trade) and continue in&amp;nbsp; the original direction. In order to place a stop loss it must be far from price –&amp;nbsp; thus decreasing our profitability.&amp;nbsp;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;We will now describe the main signal we will trade, one with highest power&amp;nbsp; and reliability.&amp;nbsp;&lt;/div&gt;&lt;b&gt;&lt;u&gt;Pullbacks&amp;nbsp;&lt;/u&gt;&lt;/b&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;Pullbacks occur when price re-touches a Support\Resistance previously&amp;nbsp; broken. This is one of the highest quality signals and we will trade them in&amp;nbsp; many chart patterns.&amp;nbsp; Examples for pullbacks:&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjhDB7p5yo6jq2t6pqUPZ5on2Am6wTqN5TVhyphenhyphenZeT6MezqsUzzgOKJ6OiC0hfFnsVN1_6RpxCt3GNdJlCs6gBvWNULVJGSdOIw1bDq2BDZlooJeCAPQYjJmpgFOA-RItGq_nuC24VuGVi7A/s1600/breakout_and_pullback-5.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;320&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjhDB7p5yo6jq2t6pqUPZ5on2Am6wTqN5TVhyphenhyphenZeT6MezqsUzzgOKJ6OiC0hfFnsVN1_6RpxCt3GNdJlCs6gBvWNULVJGSdOIw1bDq2BDZlooJeCAPQYjJmpgFOA-RItGq_nuC24VuGVi7A/s320/breakout_and_pullback-5.PNG&quot; width=&quot;250&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjwu_2slODBxW-3Ge8i4POvhf6KAcq7W9vLxH4ozOT6A52ZP5YegChMEEk3EyBmai014wnt_jOecJGfmGdVHpFervWrKElBIzOMpE4PrqUj4Qe_bRWFkLf-IYZ5SFXT5MwYyH71K2V5hZg/s1600/breakout_and_pullback-6.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;202&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjwu_2slODBxW-3Ge8i4POvhf6KAcq7W9vLxH4ozOT6A52ZP5YegChMEEk3EyBmai014wnt_jOecJGfmGdVHpFervWrKElBIzOMpE4PrqUj4Qe_bRWFkLf-IYZ5SFXT5MwYyH71K2V5hZg/s320/breakout_and_pullback-6.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Note that pullbacks should occur at few bars after the breakout. If the&amp;nbsp; pullback doesn&#39;t occur quickly we will discard it as a potential trade. This is&amp;nbsp; because psychological levels tend to lose their reliability as they became&amp;nbsp; older. Always aim to trade newest trend lines and discard the old ones.&amp;nbsp;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;The pullback is an extremely strong trading signal, which results in frequent&amp;nbsp; winning trades. This is empowered by the fact that when trading pullbacks,&amp;nbsp; we are actually trading with the prevailing trend! The breakout that came&amp;nbsp; before the pullback confirmed the strength of the trend – and enhances the&amp;nbsp; quality of our signal. Next chapter&amp;nbsp;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/when-trade-is-confirmed.html&quot;&gt;When trade is confirmed &lt;/a&gt;&lt;/div&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/forex-marvel-trader.html&quot;&gt;1-Forex Marvel Trader&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/2-basics-of-charting.html&quot;&gt;2-The Basics of Charting&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/how-i-trade-price-action.html&quot;&gt;How I trade Price Action&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2010/03/100-z-forex-system.html&quot;&gt;100 Z Forex system&lt;/a&gt;&lt;/h3&gt;&lt;script language=&quot;javascript&quot; src=&quot;http://ekstreme.com/socializer/socializer.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/8680187248058778164/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/8680187248058778164' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/8680187248058778164'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/8680187248058778164'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2011/03/breakout-and-pullback.html' title='3-Breakout and Pullback'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg9WrSGX8c-nQtrHfpDZ8reQ4xcnUzDglaATQDqvrX0tqy2YSI1jahDU42u0VBdC-0rY_MxYjSiQEvC7jOg1_U5Xp_Sra4lFo1v16deX9ZOVOnyS4hbZNTsruaTwMGjKGAwE8pHab4iUjo/s72-c/breakout_and_pullback.PNG" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-8210149504269180953</id><published>2011-03-25T08:38:00.000-07:00</published><updated>2011-03-25T09:37:06.152-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="forex education"/><category scheme="http://www.blogger.com/atom/ns#" term="forex marvel trader"/><category scheme="http://www.blogger.com/atom/ns#" term="Forex Trading Course"/><category scheme="http://www.blogger.com/atom/ns#" term="forex trading system"/><title type='text'>2-The Basics of Charting</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;br /&gt;
&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span lang=&quot;EN-US&quot;&gt; In this chapter I will teach you the basics of charting – the very foundation&lt;/span&gt;  we will build on in the next chapters.&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;You will learn:&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;- What is Support and Resistance&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;- How to draw Support and Resistance levels correctly&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;- How to draw trendlines&amp;nbsp;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;- What are Breakouts and Pullbacks&amp;nbsp;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;- How  To Time Entries&amp;nbsp;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;Support and Resistance.&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;These ideas are at the very core of Chartism and Technical Analysis, and  almost all Chart Patterns involves them in some way. We will now define  Support and Resistance and describe the ways they may appear in the  markets. Support and Resistance are psychological levels which price has difficulties  to break. Many reversals of trend will occur on these levels.  When a certain level is difficult for price to cross upwards – it is called  Resistance. &lt;br /&gt;
&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;When a certain level is difficult for price to cross downwards – it is called  Support.  The harder for price to cross a certain level, the stronger it is and the  profitability of our trades will increase. &lt;u&gt;Try to trade on levels that price  stopped on at least twice&lt;/u&gt;.  The most basic form of Support and Resistance is horizontal. Examples:&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg_Mg_y67RoWAXO9kLatdfJ3NNEHONSCHpREZ2-2aAVitSJsUI2FY5LuXiAtchUmjCY2Gor5m606Lm_AvWbu59tOAHl4tKVc2AgCGaA9DB7b0f6UogN1mBZnbk8kE_g5kvv4yI6UEZ2HxU/s1600/the_basics_of_charting.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;199&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg_Mg_y67RoWAXO9kLatdfJ3NNEHONSCHpREZ2-2aAVitSJsUI2FY5LuXiAtchUmjCY2Gor5m606Lm_AvWbu59tOAHl4tKVc2AgCGaA9DB7b0f6UogN1mBZnbk8kE_g5kvv4yI6UEZ2HxU/s320/the_basics_of_charting.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg_jfMloIcHQQzQjjFufutI7vHrz1TCMxwBw0iUEPvsuPyn_y1kURFuDDqQmLTpjqAHiUiecy-ihT63NKuqSqbCbDPWXNMOd8QS89CG-z-mN5nYHCRU_-PrNFi1xzi2CSIv3-sFq8_KCTM/s1600/the_basics_of_charting-2.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;204&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg_jfMloIcHQQzQjjFufutI7vHrz1TCMxwBw0iUEPvsuPyn_y1kURFuDDqQmLTpjqAHiUiecy-ihT63NKuqSqbCbDPWXNMOd8QS89CG-z-mN5nYHCRU_-PrNFi1xzi2CSIv3-sFq8_KCTM/s320/the_basics_of_charting-2.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhYvQYp31tD7_qmxxHA7VNuwdqnJcNsPSb54KM5hWPN1a5nh3e1q66dcmBaMa3t3t9OOVyBQ1V46lZ8asd8P2BvAg42iTxQAmEE9oLdzyRz7Z9fqikUl-N3CwAJIvBfCpBHkK0PtvZCXGw/s1600/the_basics_of_charting-3.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;195&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhYvQYp31tD7_qmxxHA7VNuwdqnJcNsPSb54KM5hWPN1a5nh3e1q66dcmBaMa3t3t9OOVyBQ1V46lZ8asd8P2BvAg42iTxQAmEE9oLdzyRz7Z9fqikUl-N3CwAJIvBfCpBHkK0PtvZCXGw/s320/the_basics_of_charting-3.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhWJmfhtz9jK7DRiFauPzlWFq5IM2v14oQubSDypQv60KlY5P4iIDeYuYnS3V87yx82AxC3Bp2bOCMle8ij8rr5ZHB-HBoCbevPdkDTeqvVEeyyASR4jImnbubF0cLmGgmj-r6z_N18S20/s1600/the_basics_of_charting-4.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;197&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhWJmfhtz9jK7DRiFauPzlWFq5IM2v14oQubSDypQv60KlY5P4iIDeYuYnS3V87yx82AxC3Bp2bOCMle8ij8rr5ZHB-HBoCbevPdkDTeqvVEeyyASR4jImnbubF0cLmGgmj-r6z_N18S20/s320/the_basics_of_charting-4.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;Strong horizontal levels are round levels - 1.1300, 148.0, 130, etc. These&amp;nbsp; levels are usually prone to high activity from buyers and sellers, and&amp;nbsp; therefore usually cause reversals in price.&lt;br /&gt;
&lt;center&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;&gt;
&lt;!--
google_ad_client = &quot;pub-9247524299858021&quot;;
/* 468x60, создано 22.03.11 */
google_ad_slot = &quot;2203657378&quot;;
google_ad_width = 468;
google_ad_height = 60;
//--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;script src=&quot;http://pagead2.googlesyndication.com/pagead/show_ads.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;/center&gt;&lt;br /&gt;
An interesting phenomenon can occur when price breaks a psychological&amp;nbsp; level: Support level can transform into Resistance, and vice versa. This&amp;nbsp; knowledge gives you the power to predict price reversals. Example:&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgGEfzoK-6uX4cmdR-PQRD8I8o94OT4vL70-CXrqyqYkKjqjO46m9Jj40FWcxGDuCQ7UGDVaI6X6D2dQ5tX8Px9nX_rLeTuI0cGjkuttS7mhDrMjvIbA2NDi89p4zfWMGcv8Oqn0Q_NOI8/s1600/the_basics_of_charting-5.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;194&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgGEfzoK-6uX4cmdR-PQRD8I8o94OT4vL70-CXrqyqYkKjqjO46m9Jj40FWcxGDuCQ7UGDVaI6X6D2dQ5tX8Px9nX_rLeTuI0cGjkuttS7mhDrMjvIbA2NDi89p4zfWMGcv8Oqn0Q_NOI8/s320/the_basics_of_charting-5.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Another visual representation of Support and Resistance is dynamic – the&amp;nbsp; Trendline. This is a sloped line which is difficult for price to penetrate. There&amp;nbsp; are support trendlines and resistance trendlines - depending on their&amp;nbsp; position in relation to price.&amp;nbsp; Examples for trend lines:&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg2HvqpKE1prkhJFTrzrnJL6sAj0CCgavwN3a8UQe6Jfm3mOnICURbN480i3TrE-wfMyWrx3XdHu-OkOsZhYvbRDOPl5e6u8Hg-gcpsUCFaTipWB89okl2ZvZDDpF8bM2ERXahcI4v37ws/s1600/the_basics_of_charting-6.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;209&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg2HvqpKE1prkhJFTrzrnJL6sAj0CCgavwN3a8UQe6Jfm3mOnICURbN480i3TrE-wfMyWrx3XdHu-OkOsZhYvbRDOPl5e6u8Hg-gcpsUCFaTipWB89okl2ZvZDDpF8bM2ERXahcI4v37ws/s320/the_basics_of_charting-6.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh-ViaNbDWXzKRqIptnCloON2k98kqKzEnR4ohYe1YHKB4HJVwn1b-8x7MU3NgyEdCw2c1XJ6px0-S53rXVxby9mR5n-92TjplRWTc3OrYpmpOxJ2x8Tvruj7lPysSzY4OAwjR2ZLVs05A/s1600/the_basics_of_charting-7.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;206&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh-ViaNbDWXzKRqIptnCloON2k98kqKzEnR4ohYe1YHKB4HJVwn1b-8x7MU3NgyEdCw2c1XJ6px0-S53rXVxby9mR5n-92TjplRWTc3OrYpmpOxJ2x8Tvruj7lPysSzY4OAwjR2ZLVs05A/s320/the_basics_of_charting-7.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj8cAQpj7c_EgjTt-6Rm-MqjwzxgMlH0IxsYZeQkXw_dy4YIFeufXaGhc6fzbezcssfudZEakM-WPyDyPUdvOlk66gUahfv45aC38pOSKB2FM4-rHwGcS6mqSio5090gSK-W9Adbc_r9e8/s1600/the_basics_of_charting-8.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;200&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj8cAQpj7c_EgjTt-6Rm-MqjwzxgMlH0IxsYZeQkXw_dy4YIFeufXaGhc6fzbezcssfudZEakM-WPyDyPUdvOlk66gUahfv45aC38pOSKB2FM4-rHwGcS6mqSio5090gSK-W9Adbc_r9e8/s320/the_basics_of_charting-8.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhXa8X0CG3IJRL2RQB8QpDcexCC2eHhnk1MHC7aPqUSi3GnK4RxwqoIjLBVfvPDmARRH6J_Qloh1j5az5iF_ew4AelDYZcnGSrumTXqBtqfJP-Gt4g_y3tZTQoJpl7PE_ZcVta2K6nBG44/s1600/the_basics_of_charting-9.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;201&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhXa8X0CG3IJRL2RQB8QpDcexCC2eHhnk1MHC7aPqUSi3GnK4RxwqoIjLBVfvPDmARRH6J_Qloh1j5az5iF_ew4AelDYZcnGSrumTXqBtqfJP-Gt4g_y3tZTQoJpl7PE_ZcVta2K6nBG44/s320/the_basics_of_charting-9.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;All the chart patterns we will cover in this book consist of trendlines and&amp;nbsp; psychological levels. Study these examples well and test your knowledge by&amp;nbsp; identifying trendlines in your trading platform. Next chapter&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/breakout-and-pullback.html&quot;&gt; 3-Breakout and Pullback&lt;/a&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/forex-marvel-trader.html&quot;&gt;1-Forex Marvel Trader (chapter-1)&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/how-i-trade-price-action.html&quot;&gt;How I trade Price Action&lt;/a&gt;&lt;/h3&gt;&lt;h2 class=&quot;date-header&quot;&gt;&lt;/h2&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2009/06/insider-code-agora-forex-trading-course.html&quot;&gt;The Insider Code Agora Forex Trading Course&lt;/a&gt;&amp;nbsp; &lt;/h3&gt;&lt;br /&gt;
&lt;script language=&quot;javascript&quot; src=&quot;http://ekstreme.com/socializer/socializer.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/8210149504269180953/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/8210149504269180953' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/8210149504269180953'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/8210149504269180953'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2011/03/2-basics-of-charting.html' title='2-The Basics of Charting'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg_Mg_y67RoWAXO9kLatdfJ3NNEHONSCHpREZ2-2aAVitSJsUI2FY5LuXiAtchUmjCY2Gor5m606Lm_AvWbu59tOAHl4tKVc2AgCGaA9DB7b0f6UogN1mBZnbk8kE_g5kvv4yI6UEZ2HxU/s72-c/the_basics_of_charting.PNG" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-5994529599663798987</id><published>2011-03-25T03:26:00.000-07:00</published><updated>2011-03-25T09:33:43.309-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="forex education"/><category scheme="http://www.blogger.com/atom/ns#" term="forex marvel trader"/><category scheme="http://www.blogger.com/atom/ns#" term="forex trading system"/><title type='text'>1-Forex Marvel Trader</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjSXUN6brQPhS1yH3vIvdIWObYLdKF3dJ2WTkRppNT-ZRjY70rAJh4OjwfTkXLLbms2BAjV1IxtqeqdbRIdrmM1-WcugOMuUh8SP69F_bDoauxx3hhOPcJZmJ_ioWY8IgH04OjydtHfq_o/s1600/forex-marvel-trader.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;139&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjSXUN6brQPhS1yH3vIvdIWObYLdKF3dJ2WTkRppNT-ZRjY70rAJh4OjwfTkXLLbms2BAjV1IxtqeqdbRIdrmM1-WcugOMuUh8SP69F_bDoauxx3hhOPcJZmJ_ioWY8IgH04OjydtHfq_o/s320/forex-marvel-trader.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;br /&gt;
The world of trading has witnessed an enormous change in the last decade.&amp;nbsp; The rapid development in field of computers and internet now allow private&amp;nbsp; traders to participate in the world largest financial market – the FOREX&amp;nbsp; market.&amp;nbsp; This market exchanges over 1 Trillion Dollars each day – and provides the&amp;nbsp; sophisticated trader countless opportunities to profit. This is done via analysis&amp;nbsp; of price, also known as Technical Analysis.&amp;nbsp; Once a secret art used by gifted traders, Technical Analysis had turned into&amp;nbsp; public knowledge, allowing traders to profit from market movements from&amp;nbsp; the comfort of their own homes. Nevertheless, the mass of knowledge also&amp;nbsp; created a need to filter the excessive information into clear signals – buy and&amp;nbsp; sell. This book aims to teach the practical side of Technical Analysis – from&amp;nbsp; identification of patterns to exact entry points.&amp;nbsp; This book is written exclusively to help you to achieve your trading goals,&amp;nbsp; whether you are a beginner at the markets or have traded for years. Technical&amp;nbsp; Analysis has many more faces and tools to guide your way, and this book&amp;nbsp; does not pretend to cover all these. &lt;br /&gt;
&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;However, if you are seeking clear,&amp;nbsp; straight-forward rules for trading without wasting time and money – this&amp;nbsp; book is for you. The main trading methodology is based on Charts and Price. These were&amp;nbsp; proven to be the most consistent trading signals in the long-term, and have&amp;nbsp; given traders early signs of trends since the beginning of the 20 th&amp;nbsp; century. The&amp;nbsp; patterns you will learn here have occurred repeatedly for decades – and will&amp;nbsp; appear forever. This is what makes them so powerful.&amp;nbsp; Nevertheless, the exact rules for trading chart patterns are a mystery to most&amp;nbsp; traders. Traditional charting books lack the definition of entry points, and&amp;nbsp; give merely a general definition of patterns. These books do not provide the&amp;nbsp; essential knowledge needed for consistent and profitable trading of chart&amp;nbsp; patterns – which is even more crucial when trading intra-day. In this book you will find specific and clearly defined entry-points, designed&amp;nbsp; to maximize your profits with low-risk trades. &lt;/div&gt;&lt;center&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;&gt;
&lt;!--
google_ad_client = &quot;pub-9247524299858021&quot;;
/* 468x60, создано 22.03.11 */
google_ad_slot = &quot;2203657378&quot;;
google_ad_width = 468;
google_ad_height = 60;
//--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;script src=&quot;http://pagead2.googlesyndication.com/pagead/show_ads.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;/center&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;Foundations of Trading Success In this chapter I will describe the most important foundations of a successful&amp;nbsp; trader. These are also the elements which most people (95%, to be exact) fail&amp;nbsp; to comprehend and implement in their trading. After reading this chapter you&amp;nbsp; would have made a great step into becoming a successful, consistent winner.&amp;nbsp; Success Element 1: The Trader Mindset Most failing traders believe that the reason for their failure is analytical skills&amp;nbsp; that are not fully developed. Some think that the reason is lack of equity, and&amp;nbsp; with more funds they can be more successful.&amp;nbsp; It is rarely true.&amp;nbsp; In fact, the major reason for failure in trading is improper mindset. Self- sabotaging mindset is the key for all trading illnesses. How many times did it&amp;nbsp; happen to you that you deviated from your system for no reason, just to later&amp;nbsp; realize that sticking to it would have yielded much greater profit? How many&amp;nbsp; times did you close positions early or enter not according to your rules?&amp;nbsp; Numerous times, for sure.&amp;nbsp; A trader with proper mindset can achieve great&amp;nbsp; results with a simple trading system and a very small equity – and gaining&amp;nbsp; this mindset should be your primary goal. What is a trader mindset? Mindset is simply what you believe in – your beliefs regarding trading,&amp;nbsp; success, and consistency. In order to ensure a proper and effective trading&amp;nbsp; mindset, we will now instill helpful trading beliefs and remove the ones that&amp;nbsp; cause you to fail. Limiting Belief 1: A winning trader wins 100% of his trades This is a common belief that prevents many traders from achieving trading&amp;nbsp; success. It is a false belief – as no trader wins 100% of his trades. I want to&amp;nbsp; emphasize this idea as it is crucial: No traders win 100% of his trades.&amp;nbsp; The reason for this lies in the fact that trading is an endeavor that involves&amp;nbsp; probabilities. Each trade has two outcomes - win or loss, and each outcome&amp;nbsp; has a probability for occurring. A winning system simply has more&amp;nbsp; probability of winning than losing, and it by no means wins 100% of the trades it signals. Any news event in a remote country can affect the market&amp;nbsp; and your trade – and you can do nothing about it. There are many hidden&amp;nbsp; variables involved in each trade which you cannot predict, and each one can&amp;nbsp; cause you to lose.&amp;nbsp; What is the good news? You don&#39;t have to win 100% of your trades to be&amp;nbsp; profitable. The solution to this apparent paradox lies in quality of your trades&amp;nbsp; - the amount you lose versus the amount you gain in each win. If you win&amp;nbsp; twice the size of your losses, you will be profitable even if you do not win&amp;nbsp; 100% of your trades. The next example will demonstrate it. Let&#39;s assume you are risking 1% of your equity of each trade, and gaining 2%&amp;nbsp; on each win. Let&#39;s assume you have an average win probability of 50%. If&amp;nbsp; you had taken 10 trades, you will now be with 10% gain on your equity. You&amp;nbsp; see how the high quality of the trades (which will be later defined as&amp;nbsp; Risk:Reward Ratio) compensated on the mediocre win percentage.&amp;nbsp; Remember this example:&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgIE5qUDNXvKKO2vZBfrC1WgQhHC9xmNbV_XTmImNNNNecXu5R5ff0wRHpK1rF1QqP-6zSlq7Ccf9UjTut5zURSWQtb8O85tK9q8iAXfpYBTEfr9ZUsyDIb__XUZYJayv2yKX-htPuNauM/s1600/forex+marvel+trader.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;177&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgIE5qUDNXvKKO2vZBfrC1WgQhHC9xmNbV_XTmImNNNNecXu5R5ff0wRHpK1rF1QqP-6zSlq7Ccf9UjTut5zURSWQtb8O85tK9q8iAXfpYBTEfr9ZUsyDIb__XUZYJayv2yKX-htPuNauM/s320/forex+marvel+trader.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&amp;nbsp;The belief that a trader has to win 100% of its trades to be considered&amp;nbsp; profitable causes many traders to lose confidence in their system, usually at&amp;nbsp; its first loss. Many traders may change or alter their winning system, due to&amp;nbsp; momentary losses that have nothing to do with their profitability.&amp;nbsp; A good friend of mine suffered from this belief. He traded a system I&amp;nbsp; instructed him to (which will be described in the following chapter), but&amp;nbsp; ended up losing money. He began by winning several trades, but a few losing&amp;nbsp; ones totally wrecked his confidence, and he discarded the system as&amp;nbsp; ineffective. Had he realized the fact that some losses are inevitable, he would&amp;nbsp; continue trade this system and next profits would have covered his losses –&amp;nbsp; and much more. Beware of such perfectionism in trading – it usually does&amp;nbsp; more harm than good. Perfectionism is good as long as you channel it&amp;nbsp; towards thorough study of past trades and improvement.&amp;nbsp; Another unfortunate result of this false belief is constant, infinite search for&amp;nbsp; the perfect trading system, referred as the &#39;Holy Grail&#39;. Trader may possess a&amp;nbsp; very profitable system but will stop trading it as he believes that it is not&amp;nbsp; profitable enough.&amp;nbsp; Helpful Belief 1: Losses happen. It is a part of the business and does not&amp;nbsp; influence my system. From now and on, you must accept your losses as &#39;part of the game&#39;. It is hard&amp;nbsp; to continue trading a system that produced losing several losing signals, but&amp;nbsp; this is what consistent traders to on daily basis. This is the essence of&amp;nbsp; consistent profits in the market – sticking to your system.&amp;nbsp; It is not easy to remain detached from markets or systems that cause you to&amp;nbsp; lose money. It is very tempting to add more indicators or confirmations to&amp;nbsp; your system, or even to ditch it completely, looking for the next Holy Grail.&amp;nbsp; Please don&#39;t do that. Accept losses as being the cost of making business, and&amp;nbsp; remain completely confident of your system.&amp;nbsp; Success Element 2: The System The second most important element of a winning trading career is the&amp;nbsp; System. Trader must have solid rules for entering, exiting, taking profits and&amp;nbsp; setting stop loss for each trade he takes. He must have iron-solid&amp;nbsp; characteristics for determining what signals are weak and should be&amp;nbsp; discarded, and what are the best signals he must take without hesitation. &#39;Why do I need a system? I just trade based on what I see on the chart&#39;.&amp;nbsp; Common mistake. A trader in his early career has no means to analyze the markets properly, due&amp;nbsp; to lack of experience. Any discretionary trade he will take is of high risk and&amp;nbsp; his chances of losing are very high. Only after 1-2 years of chart experience,&amp;nbsp; one may develop a &#39;feel&#39; for the markets.&amp;nbsp; Until then, I advise you not to trade discretionary trades. Restrict yourself to&amp;nbsp; trading patterns which you know well to identify and trade. I will teach you&amp;nbsp; strong chart patterns in the next chapters.&amp;nbsp; It is important to realize that any attempt of trading discretionary trades&amp;nbsp; without thorough experience is practically doomed. I know many people&amp;nbsp; who struggle endlessly with the charts, trying to get the &#39;feel&#39; for the markets.&amp;nbsp; Eventually, some may get it, but the process is very slow. It would be much&amp;nbsp; easier to learn the markets while executing a simple strategy and earning a&amp;nbsp; living.&amp;nbsp; A few words about trading systems: I don&#39;t believe in indicators. I have&amp;nbsp; traded and tested almost all indicators available, and almost none seem to&amp;nbsp; work for the long-term.&amp;nbsp; MACD, RSI, and CCI - they all seem nice in&amp;nbsp; retrospective – but when one trades with them, his account will suffers.&amp;nbsp; That&amp;nbsp; is why the system I am going to teach you is based solely on charts. The chart&amp;nbsp; patterns I am going to teach you are as old as the markets themselves. They&amp;nbsp; appeared from 1900 to this very day, and have proven themselves as the most&amp;nbsp; profitable method of trading and speculating in the world markets. Next chapter &lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/2-basics-of-charting.html&quot;&gt;2-The Basics of Charting&lt;/a&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/how-i-trade-price-action.html&quot;&gt;How I trade Price Action&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/trading-plan-content.html&quot;&gt;Trading Plan Content&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2008/10/5-essential-things-you-need-to-know-to.html&quot;&gt;5 essential things you need to know to boost profits trading forex&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2008/08/forex-trend-following-how-to-catch-and.html&quot;&gt;Forex Trend Following - How to Catch and Hold the Big Trends For Huge Profits&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;br /&gt;
&lt;script language=&quot;javascript&quot; src=&quot;http://ekstreme.com/socializer/socializer.js&quot; type=&quot;text/javascript&quot;&gt;
The world of trading has witnessed an enormous change in the last decade.  The rapid development in field of computers and internet now allow private  traders to participate in the world largest financial market – the FOREX  market.  This market exchanges over 1 Trillion Dollars each day – and provides the  sophisticated trader countless opportunities to profit. This is done via analysis  of price, also known as Technical Analysis.  Once a secret art used by gifted traders, Technical Analysis had turned into  public knowledge, allowing traders to profit from market movements from  the comfort of their own homes. Nevertheless, the mass of knowledge also  created a need to filter the excessive information into clear signals – buy and  sell. This book aims to teach the practical side of Technical Analysis – from  identification of patterns to exact entry points.  This book is written exclusively to help you to achieve your trading goals,  whether you are a beginner at the markets or have traded for years. Technical  Analysis has many more faces and tools to guide your way, and this book  does not pretend to cover all these. However, if you are seeking clear,  straight-forward rules for trading without wasting time and money – this  book is for you. The main trading methodology is based on Charts and Price. These were  proven to be the most consistent trading signals in the long-term, and have  given traders early signs of trends since the beginning of the 20 th  century. The  patterns you will learn here have occurred repeatedly for decades – and will  appear forever. This is what makes them so powerful.  Nevertheless, the exact rules for trading chart patterns are a mystery to most  traders. Traditional charting books lack the definition of entry points, and  give merely a general definition of patterns. These books do not provide the  essential knowledge needed for consistent and profitable trading of chart  patterns – which is even more crucial when trading intra-day. In this book you will find specific and clearly defined entry-points, designed  to maximize your profits with low-risk trades.  
&lt;/script&gt;&lt;/div&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/5994529599663798987/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/5994529599663798987' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/5994529599663798987'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/5994529599663798987'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2011/03/forex-marvel-trader.html' title='1-Forex Marvel Trader'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjSXUN6brQPhS1yH3vIvdIWObYLdKF3dJ2WTkRppNT-ZRjY70rAJh4OjwfTkXLLbms2BAjV1IxtqeqdbRIdrmM1-WcugOMuUh8SP69F_bDoauxx3hhOPcJZmJ_ioWY8IgH04OjydtHfq_o/s72-c/forex-marvel-trader.PNG" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-8928978041127184579</id><published>2011-03-22T03:30:00.000-07:00</published><updated>2011-03-25T08:14:08.034-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="price action"/><title type='text'>How I trade Price Action</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;script language=&quot;javascript&quot; src=&quot;http://ekstreme.com/socializer/socializer.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;!--[if gte mso 9]&gt;&lt;xml&gt;
 &lt;w:WordDocument&gt;
  &lt;w:View&gt;Normal&lt;/w:View&gt;
  &lt;w:Zoom&gt;0&lt;/w:Zoom&gt;
  &lt;w:PunctuationKerning/&gt;
  &lt;w:ValidateAgainstSchemas/&gt;
  &lt;w:SaveIfXMLInvalid&gt;false&lt;/w:SaveIfXMLInvalid&gt;
  &lt;w:IgnoreMixedContent&gt;false&lt;/w:IgnoreMixedContent&gt;
  &lt;w:AlwaysShowPlaceholderText&gt;false&lt;/w:AlwaysShowPlaceholderText&gt;
  &lt;w:Compatibility&gt;
   &lt;w:BreakWrappedTables/&gt;
   &lt;w:SnapToGridInCell/&gt;
   &lt;w:WrapTextWithPunct/&gt;
   &lt;w:UseAsianBreakRules/&gt;
   &lt;w:DontGrowAutofit/&gt;
  &lt;/w:Compatibility&gt;
  &lt;w:BrowserLevel&gt;MicrosoftInternetExplorer4&lt;/w:BrowserLevel&gt;
 &lt;/w:WordDocument&gt;
&lt;/xml&gt;&lt;![endif]--&gt;&lt;!--[if gte mso 9]&gt;&lt;xml&gt;
 &lt;w:LatentStyles DefLockedState=&quot;false&quot; LatentStyleCount=&quot;156&quot;&gt;
 &lt;/w:LatentStyles&gt;
&lt;/xml&gt;&lt;![endif]--&gt;&lt;!--[if gte mso 10]&gt;
&lt;style&gt;
 /* Style Definitions */
 table.MsoNormalTable
 {mso-style-name:&quot;Обычная таблица&quot;;
 mso-tstyle-rowband-size:0;
 mso-tstyle-colband-size:0;
 mso-style-noshow:yes;
 mso-style-parent:&quot;&quot;;
 mso-padding-alt:0cm 5.4pt 0cm 5.4pt;
 mso-para-margin:0cm;
 mso-para-margin-bottom:.0001pt;
 mso-pagination:widow-orphan;
 font-size:10.0pt;
 font-family:&quot;Times New Roman&quot;;
 mso-ansi-language:#0400;
 mso-fareast-language:#0400;
 mso-bidi-language:#0400;}
&lt;/style&gt;
&lt;![endif]--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiFjIeG04aGZ0NMf4orN2LTMJYoXCiqexph3au-0U_2Z3y_S7jIGVlD0JTGmJkepnWE_AQ25esDwz98Y8lYAYRMCWVKN698Sv1LTLmAhYBBKG7ARcXjkKJnzRF-c2jtftdh86ORyuFWsG4/s1600/price+action.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;192&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiFjIeG04aGZ0NMf4orN2LTMJYoXCiqexph3au-0U_2Z3y_S7jIGVlD0JTGmJkepnWE_AQ25esDwz98Y8lYAYRMCWVKN698Sv1LTLmAhYBBKG7ARcXjkKJnzRF-c2jtftdh86ORyuFWsG4/s320/price+action.PNG&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span lang=&quot;EN-US&quot;&gt;I use New York Close candles. www.fxlite.com or www.tradestation.com provide these charts. Each day when I wake up , I scan through the following currency pairs I identify any obvious price action signals such as an inside&amp;nbsp; bar, a pin bar, or a Fakey setup. &amp;nbsp;If I spot inside bar formations with the trend, I look for continuations, but if its against the mid term trend , I note a potential Fakey is&amp;nbsp; in the making, remember, the&amp;nbsp; Fakey setup is&amp;nbsp; unconfirmed at this point, so that’s a pending trigger I note. After a daily&amp;nbsp; pin bar I&amp;nbsp; typically will&amp;nbsp; wait for a 38-55% retrace of&amp;nbsp; the pin bar to enter. If the market is trending, certainly I try&amp;nbsp; to take daily pin bars instantly if&amp;nbsp;&amp;nbsp; the trend was already strong and moving fast. &lt;/span&gt;&lt;br /&gt;
&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;span lang=&quot;EN-US&quot;&gt;I will have already had key support and resistance marked on my charts, but I will then amend these lines on the charts if things&amp;nbsp; have changed overnight. A move in the markets will obviously&amp;nbsp; change my key short term swing support and resistance, so I note thos e levels clearly. I tak e note of the current short term&amp;nbsp; trend on the 8 and 21 day EMA chart as well as the 1 hour 150 and 365 EMA. I bring it all together and decide what setups I lik e.&amp;nbsp; I decide if the mark et is&amp;nbsp; at a trend line, following moving averages, or nearing &amp;nbsp;obvious short term or long term horizontal support and resistance etc . Do the any signals occur&amp;nbsp; near the relevant areas&amp;nbsp; or did they&amp;nbsp; form with the broader trend? &amp;nbsp;If the market was previously&amp;nbsp; going sideways, was there any obvious intraday trend move that broke a key support or resistance level&amp;nbsp; overnight? If there was, I need to note that&amp;nbsp; level on my chart. &lt;br /&gt;
&lt;center&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;&gt;
&lt;!--
google_ad_client = &quot;pub-9247524299858021&quot;;
/* 468x60, создано 22.03.11 */
google_ad_slot = &quot;2203657378&quot;;
google_ad_width = 468;
google_ad_height = 60;
//--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;script src=&quot;http://pagead2.googlesyndication.com/pagead/show_ads.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;/center&gt;&lt;br /&gt;
Most Fakey setups work best with trending markets, or right next to support or resistance, or key retracement points, so the trigger is&amp;nbsp; only taken if I can clearly decipher this Daily&amp;nbsp; Inside bars are taken if they clearly form with an existing s trong trend, when I take an inside bar break out, ideally I want the&amp;nbsp; inside bar to have been the tightest bar&amp;nbsp; than the last 4 or even 7 days. (nr4 and nr 7 days ). The less nearby resistance or support ,&amp;nbsp; the more potential the inside bar pattern has to move in our favor, if there is a nearby level, you might want to wait for support or&amp;nbsp; resistance to break before entering inside bar. Daily&amp;nbsp; inside bars are noted regardles s because they can become a Fakey setup. If there is a strong trend on the daily&amp;nbsp; chart, with a clear stepping price action in once direction, I will be actively&amp;nbsp; looking to enter a&amp;nbsp; trade in the direction of that trend, using a counter trend move to enter at&amp;nbsp; the 8 21 or 50&amp;nbsp; day EMA&amp;nbsp; “value” areas. This applies to the &amp;nbsp;hourly trend charts as well. Daily&amp;nbsp; pin bar with an inside bar after it is powerful and trigger is usually taken every&amp;nbsp; time if the trend agrees, or if the signal occurs at&amp;nbsp; or near a very obvious significant key horizontal level.&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/forex-marvel-trader.html&quot;&gt;Forex Marvel Trader&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2008/08/forex-education-why-buying-low-selling.html&quot;&gt;Forex Education - Why Buying Low Selling High is Not the Best Strategy For Profits&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2008/11/fx-prime-1-minute-scalping-system_07.html&quot;&gt;Fx Prime 1 Minute Scalping System&lt;/a&gt;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&amp;nbsp;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&amp;nbsp;&lt;/h3&gt;&lt;h3 class=&quot;post-title&quot;&gt;&amp;nbsp;&lt;/h3&gt;&lt;span lang=&quot;EN-US&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;/div&gt;&lt;script language=&quot;javascript&quot; src=&quot;http://ekstreme.com/socializer/socializer.js&quot; type=&quot;text/javascript&quot;&gt;
 
&lt;/script&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/8928978041127184579/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/8928978041127184579' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/8928978041127184579'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/8928978041127184579'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2011/03/how-i-trade-price-action.html' title='How I trade Price Action'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiFjIeG04aGZ0NMf4orN2LTMJYoXCiqexph3au-0U_2Z3y_S7jIGVlD0JTGmJkepnWE_AQ25esDwz98Y8lYAYRMCWVKN698Sv1LTLmAhYBBKG7ARcXjkKJnzRF-c2jtftdh86ORyuFWsG4/s72-c/price+action.PNG" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-2778518065703368604</id><published>2011-03-22T02:18:00.000-07:00</published><updated>2011-04-02T09:38:08.822-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="forex education"/><title type='text'>Trading Plan Content</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;script language=&quot;javascript&quot; src=&quot;http://ekstreme.com/socializer/socializer.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;!--[if gte mso 9]&gt;&lt;xml&gt;
 &lt;w:WordDocument&gt;
  &lt;w:View&gt;Normal&lt;/w:View&gt;
  &lt;w:Zoom&gt;0&lt;/w:Zoom&gt;
  &lt;w:PunctuationKerning/&gt;
  &lt;w:ValidateAgainstSchemas/&gt;
  &lt;w:SaveIfXMLInvalid&gt;false&lt;/w:SaveIfXMLInvalid&gt;
  &lt;w:IgnoreMixedContent&gt;false&lt;/w:IgnoreMixedContent&gt;
  &lt;w:AlwaysShowPlaceholderText&gt;false&lt;/w:AlwaysShowPlaceholderText&gt;
  &lt;w:Compatibility&gt;
   &lt;w:BreakWrappedTables/&gt;
   &lt;w:SnapToGridInCell/&gt;
   &lt;w:WrapTextWithPunct/&gt;
   &lt;w:UseAsianBreakRules/&gt;
   &lt;w:DontGrowAutofit/&gt;
  &lt;/w:Compatibility&gt;
  &lt;w:BrowserLevel&gt;MicrosoftInternetExplorer4&lt;/w:BrowserLevel&gt;
 &lt;/w:WordDocument&gt;
&lt;/xml&gt;&lt;![endif]--&gt;&lt;!--[if gte mso 9]&gt;&lt;xml&gt;
 &lt;w:LatentStyles DefLockedState=&quot;false&quot; LatentStyleCount=&quot;156&quot;&gt;
 &lt;/w:LatentStyles&gt;
&lt;/xml&gt;&lt;![endif]--&gt;&lt;!--[if gte mso 10]&gt;
&lt;style&gt;
 /* Style Definitions */
 table.MsoNormalTable
 {mso-style-name:&quot;Обычная таблица&quot;;
 mso-tstyle-rowband-size:0;
 mso-tstyle-colband-size:0;
 mso-style-noshow:yes;
 mso-style-parent:&quot;&quot;;
 mso-padding-alt:0cm 5.4pt 0cm 5.4pt;
 mso-para-margin:0cm;
 mso-para-margin-bottom:.0001pt;
 mso-pagination:widow-orphan;
 font-size:10.0pt;
 font-family:&quot;Times New Roman&quot;;
 mso-ansi-language:#0400;
 mso-fareast-language:#0400;
 mso-bidi-language:#0400;}
&lt;/style&gt;
&lt;![endif]--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiZbyGjhEOWK4TBXZD8VxRxeGsu_mgOzuu7VuG3Aqzifchfqg74uQaFnYQlVUrUnTXT96HfKccNWj_teQvEtOvDIPFrB76R10IXaEmx2UMPgQu17-oEnvhUaKaqVbjW-kZQRhrg4s_AFBg/s1600/Trading+Plan+Content.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiZbyGjhEOWK4TBXZD8VxRxeGsu_mgOzuu7VuG3Aqzifchfqg74uQaFnYQlVUrUnTXT96HfKccNWj_teQvEtOvDIPFrB76R10IXaEmx2UMPgQu17-oEnvhUaKaqVbjW-kZQRhrg4s_AFBg/s1600/Trading+Plan+Content.PNG&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;span style=&quot;font-family: &#39;Albertus Extra Bold&#39;;&quot;&gt;1.&amp;nbsp;&amp;nbsp;&amp;nbsp; Your personal skill assessment- Are you ready to trade real money?&amp;nbsp; Why are you ready?&amp;nbsp; Can you follow your plays without hesitation?&amp;nbsp; Have you defined the criteria in writing of when you will start trading with real money?&lt;/span&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;span style=&quot;font-family: &#39;Albertus Extra Bold&#39;;&quot;&gt;2.&amp;nbsp;&amp;nbsp;&amp;nbsp; Mental preparation- How do you feel?&amp;nbsp; Are you rested?&amp;nbsp; Have you had any mental or emotional traumas recently?&amp;nbsp; Under what mental and emotional conditions will you NOT trade?&lt;/span&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;span style=&quot;font-family: &#39;Albertus Extra Bold&#39;;&quot;&gt;3.&amp;nbsp;&amp;nbsp;&amp;nbsp; Determine Risk Level- How much of a percentage of your account equity are you going to risk on each trade?&amp;nbsp; What is the most you can lose per month before you MUST stop trading?&amp;nbsp; At what point, what is the criteria, do you increase the percentage you risk?&amp;nbsp;&lt;/span&gt;&lt;br /&gt;
&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;span style=&quot;font-family: &#39;Albertus Extra Bold&#39;;&quot;&gt;4.&amp;nbsp;&amp;nbsp;&amp;nbsp; Goal Setting- What are your weekly profit goals?&amp;nbsp; How do you determine your price targets before you enter the trade?&amp;nbsp; Setup a monitoring method to track your profit target success. What are your goals short term and long term?&amp;nbsp; How do you track the progress of those goals?&lt;/span&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;span style=&quot;font-family: &#39;Albertus Extra Bold&#39;;&quot;&gt;5.&amp;nbsp;&amp;nbsp;&amp;nbsp; Trade Analysis- What is you pre trade analysis process?&amp;nbsp; Do you have a methodical process in place for completing this?&amp;nbsp; What is your post trade analysis methodology?&amp;nbsp; Do you have a way to monitor your psychology during a trade?&amp;nbsp; Have you developed a trading play book?&lt;/span&gt;&lt;/div&gt;&lt;center&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;&gt;
&lt;!--
google_ad_client = &quot;pub-9247524299858021&quot;;
/* 468x60, создано 22.03.11 */
google_ad_slot = &quot;2203657378&quot;;
google_ad_width = 468;
google_ad_height = 60;
//--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;script src=&quot;http://pagead2.googlesyndication.com/pagead/show_ads.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;/center&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;span style=&quot;font-family: &#39;Albertus Extra Bold&#39;;&quot;&gt;6.&amp;nbsp;&amp;nbsp;&amp;nbsp; Homework- Have you developed a way of methodically doing your homework and research.&amp;nbsp; How do you plan to document it?&amp;nbsp; Have you outlined a continuing education plan?&amp;nbsp; Do you have a trading library?&amp;nbsp; Have you scheduled time to do your homework and research?&lt;/span&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;span style=&quot;font-family: &#39;Albertus Extra Bold&#39;;&quot;&gt;7.&amp;nbsp;&amp;nbsp;&amp;nbsp; Busniess Plan-&amp;nbsp; How much is it going to cost you to get into trading?&amp;nbsp; What are your monthly expenditures?&amp;nbsp; How much are you going to allocate to education?&amp;nbsp; When would you reasonably expect to break even?&amp;nbsp; What will you do with your profits?&amp;nbsp; Do you have rewards in place for yourself when you meet certain stages of your plan?&lt;/span&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;span style=&quot;font-family: &#39;Albertus Extra Bold&#39;;&quot;&gt;8.&amp;nbsp;&amp;nbsp;&amp;nbsp; Office Setup- How is your office setup?&amp;nbsp; Do you have all the contact numbers to your brokers and internet service providers handy?&amp;nbsp; Do you have a backup charting service (you can use a free one)?&amp;nbsp; Do you have anti-virus software on your tradestation and do you run it every day?&amp;nbsp; What do you do if your tradestation crashes in the middle of a trade?&amp;nbsp; How do you plan to recover from a tradestation crash?&amp;nbsp;&lt;/span&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;span style=&quot;font-family: &#39;Albertus Extra Bold&#39;;&quot;&gt;You should take these eight areas and add as many details to your trading plan as possible.&amp;nbsp; The more complete your trading plan is, the clearer the path will be that you need to follow.&amp;nbsp; You should revisit you trading plan about every three months to see how you are following it.&amp;nbsp; Take a lot of time to complete your trading plan thoroughly it will benefit you more than you know. &lt;/span&gt;&lt;br /&gt;
&lt;span style=&quot;font-family: &#39;Albertus Extra Bold&#39;;&quot;&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;font-family: Trebuchet, &#39;Trebuchet MS&#39;, Arial, sans-serif; font-size: 14px;&quot;&gt;&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;
&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;font-family: &#39;Albertus Extra Bold&#39;;&quot;&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;color: black; font-family: Trebuchet, &#39;Trebuchet MS&#39;, Arial, sans-serif; font-size: 14px; font-weight: normal; letter-spacing: normal;&quot;&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/how-i-trade-price-action.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;How I trade Price Action&lt;/a&gt;&lt;/h3&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/money-management.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;Money Management&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/forex-marvel-trader.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;Forex Marvel Trader&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/2-basics-of-charting.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;The Basics of Charting&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div&gt;&lt;br /&gt;
&lt;/div&gt;&lt;/span&gt;&lt;/span&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;span style=&quot;font-family: &#39;Albertus Extra Bold&#39;;&quot;&gt;&lt;br /&gt;
&lt;/span&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;span style=&quot;font-family: &#39;Albertus Extra Bold&#39;;&quot;&gt;&lt;br /&gt;
&lt;/span&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;span style=&quot;font-family: &#39;Albertus Extra Bold&#39;;&quot;&gt;&lt;br /&gt;
&lt;/span&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-size: 14pt;&quot;&gt;&lt;/span&gt;&lt;/div&gt;&lt;span lang=&quot;EN-US&quot; style=&quot;font-size: 14pt;&quot;&gt;&lt;/span&gt;  &lt;script language=&quot;javascript&quot; src=&quot;http://ekstreme.com/socializer/socializer.js&quot; type=&quot;text/javascript&quot;&gt;
 
&lt;/script&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/2778518065703368604/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/2778518065703368604' title='1 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/2778518065703368604'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/2778518065703368604'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2011/03/trading-plan-content.html' title='Trading Plan Content'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiZbyGjhEOWK4TBXZD8VxRxeGsu_mgOzuu7VuG3Aqzifchfqg74uQaFnYQlVUrUnTXT96HfKccNWj_teQvEtOvDIPFrB76R10IXaEmx2UMPgQu17-oEnvhUaKaqVbjW-kZQRhrg4s_AFBg/s72-c/Trading+Plan+Content.PNG" height="72" width="72"/><thr:total>1</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-7687945755452932898</id><published>2010-03-15T10:59:00.000-07:00</published><updated>2011-04-02T09:41:32.109-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="forex trading system"/><title type='text'>100 Z Forex system</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1kS-e3ceG1EPO0ERquCY0mLId_2Zr0zsAWopceIpLGG3Qv2fQmOps1R-4_1GJyAuNmxCBX5ZS9BY9e7LPQ-fMM1DFm0ybQP3Bx5fBox66TdfMFuCU7yRodDmYCLC2MbhyphenhyphenfbmQYoNzBTo/s1600-h/100+Z+Forex+system.PNG&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; height=&quot;270&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1kS-e3ceG1EPO0ERquCY0mLId_2Zr0zsAWopceIpLGG3Qv2fQmOps1R-4_1GJyAuNmxCBX5ZS9BY9e7LPQ-fMM1DFm0ybQP3Bx5fBox66TdfMFuCU7yRodDmYCLC2MbhyphenhyphenfbmQYoNzBTo/s400/100+Z+Forex+system.PNG&quot; vt=&quot;true&quot; width=&quot;400&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: justify;&quot;&gt;You&#39;ve been searching for a way to &quot;Make More Money&quot;; making money from home, and now you&#39;ve found it ... A way to make &quot;More Money&quot; than you ever dreamed possible. &lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;If you have been looking for better &lt;a href=&quot;http://forexcontent.blogspot.com/&quot;&gt;Forex Trading Strategies&lt;/a&gt;, you have found one now.&lt;/div&gt;&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;None of the Strategies out there can compare with the &lt;b&gt;Z-100 System&lt;/b&gt;. &lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;I can assure you that you will be Making Money and lots and lots of it by trading this system sensibly and keeping quiet about it. &lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;I have developed this System for myself and I am willing to share it with you. &lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;I have developed many &lt;i&gt;Forex Trading Strategies&lt;/i&gt; and I rank Z-100 the best I could have developed.&lt;/div&gt;&lt;center&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;&gt;
&lt;!--
google_ad_client = &quot;pub-9247524299858021&quot;;
/* 468x60, создано 22.03.11 */
google_ad_slot = &quot;2203657378&quot;;
google_ad_width = 468;
google_ad_height = 60;
//--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;script src=&quot;http://pagead2.googlesyndication.com/pagead/show_ads.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;/center&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;There is one condition that you have to meet. Before I pass on the Z-100 to you, I need an assurance from you in writing, yes in writing (this is a condition), that you will keep this system as a Secret, you will not discuss about this anywhere on the Forums. We want to keep it Hush Hush. Just keep making Money quietly on a daily basis. Don&#39;t let the &quot;Cat out of the Bag&quot;. &lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;I trust you and I need assurance from you that you will not leak out our Secret System because if it leaks out, everybody will start trading this system and it will become so common that the Brokers will become aware of it and then they would start Manipulating the Market. If this happens then we would be Killing the Goose that layed Golden Eggs for us. We would be the ones who would suffer.&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Dr. Zain Agha&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div style=&quot;text-align: center;&quot;&gt;&lt;a href=&quot;http://uploading.com/files/7ca4fm24&quot;&gt;download&amp;nbsp;4mb&lt;/a&gt;&lt;/div&gt;&lt;div style=&quot;text-align: center;&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;font-family: Trebuchet, &#39;Trebuchet MS&#39;, Arial, sans-serif; font-size: 14px;&quot;&gt;&lt;/span&gt;&lt;br /&gt;
&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/how-i-trade-price-action.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;How I trade Price Action&lt;/a&gt;&lt;/h3&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/breakout-and-pullback.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;Breakout and Pullback&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/reversal-setup-in-forex.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;Super Aggressive Reversal Set-up&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/trendline-pullback.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;TrendLine Pullback&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;br /&gt;
&lt;script language=&quot;javascript&quot; src=&quot;http://ekstreme.com/socializer/socializer.js&quot; type=&quot;text/javascript&quot;&gt;
 
&lt;/script&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/7687945755452932898/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/7687945755452932898' title='2 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/7687945755452932898'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/7687945755452932898'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2010/03/100-z-forex-system.html' title='100 Z Forex system'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1kS-e3ceG1EPO0ERquCY0mLId_2Zr0zsAWopceIpLGG3Qv2fQmOps1R-4_1GJyAuNmxCBX5ZS9BY9e7LPQ-fMM1DFm0ybQP3Bx5fBox66TdfMFuCU7yRodDmYCLC2MbhyphenhyphenfbmQYoNzBTo/s72-c/100+Z+Forex+system.PNG" height="72" width="72"/><thr:total>2</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-607071641708187995</id><published>2009-06-19T02:32:00.001-07:00</published><updated>2011-04-02T09:44:27.364-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Forex Trading Course"/><category scheme="http://www.blogger.com/atom/ns#" term="Insider Code"/><title type='text'>The Insider Code Agora Forex Trading Course</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgCcxL8lDHgW9L2MKDck41Y6GwRhGW6hhdBiuxAQfmMIRS9J3-K3tbKeJD_vq-Tx75xWISprSRtAqrZJsjB-GoyTiR4oybuVRh5NExCuMHY1vNVgOMKqbW0FQKmWCo3UBKC6qf8SdxYztc/s1600-h/insider+code.png&quot; onblur=&quot;try {parent.deselectBloggerImageGracefully();} catch(e) {}&quot;&gt;&lt;img alt=&quot;&quot; border=&quot;0&quot; id=&quot;BLOGGER_PHOTO_ID_5348969536740795698&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgCcxL8lDHgW9L2MKDck41Y6GwRhGW6hhdBiuxAQfmMIRS9J3-K3tbKeJD_vq-Tx75xWISprSRtAqrZJsjB-GoyTiR4oybuVRh5NExCuMHY1vNVgOMKqbW0FQKmWCo3UBKC6qf8SdxYztc/s320/insider+code.png&quot; style=&quot;cursor: pointer; display: block; height: 320px; margin: 0px auto 10px; text-align: center; width: 266px;&quot; /&gt;&lt;/a&gt;This is another &lt;a href=&quot;http://forexcontent.blogspot.com/search/label/forex%20trading&quot;&gt;&lt;span style=&quot;font-weight: bold;&quot;&gt;trading&lt;/span&gt;&lt;/a&gt; opportunity brought to you by a man who goes under the alias ?Mac X’ or ?The Whistleblower’ and he is offering to show you the secrets of the Insider Code that can allow you to make hundreds per day trading on the currency markets.&lt;br /&gt;
&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;br /&gt;
According to ?Mac X’ this system is easy to use and can be used with no previous experience necessary and very little start up capital and as shares are not being traded it is less risky as it means that even if the market falls badly, you can still make a profit on the currency market.&lt;br /&gt;
&lt;center&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;&gt;
&lt;!--
google_ad_client = &quot;pub-9247524299858021&quot;;
/* 468x60, создано 22.03.11 */
google_ad_slot = &quot;2203657378&quot;;
google_ad_width = 468;
google_ad_height = 60;
//--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;script src=&quot;http://pagead2.googlesyndication.com/pagead/show_ads.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;/center&gt;&lt;br /&gt;
In this package you will receive a series of CD ROMs which will take you through The Insider Code step by step assuming you have no prior knowledge of trading. Each day will require approximately 20 minutes set up the night before to enable you to make hundreds per day.&lt;br /&gt;
&lt;br /&gt;
&lt;div style=&quot;text-align: center;&quot;&gt;size: 2.80 gb&lt;/div&gt;&lt;div style=&quot;text-align: center;&quot;&gt;format: video&lt;/div&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: center;&quot;&gt;&lt;noindex&gt;&lt;a href=&quot;http://www.fileserve.com/file/ZTfxMYc/1Q_Mac.X.The.Insider.Code.part1.rar&quot; target=&quot;_blank&quot;&gt;http://www.fileserve.com/file/ZTfxMYc/1Q_Mac.X.The.Insider.Code.part1.rar&lt;/a&gt;&lt;/noindex&gt;&lt;br /&gt;
&lt;noindex&gt;&lt;a href=&quot;http://www.fileserve.com/file/dk6S3yz/1Q_Mac.X.The.Insider.Code.part2.rar&quot; target=&quot;_blank&quot;&gt;http://www.fileserve.com/file/dk6S3yz/1Q_Mac.X.The.Insider.Code.part2.rar&lt;/a&gt;&lt;/noindex&gt;&lt;br /&gt;
&lt;noindex&gt;&lt;a href=&quot;http://www.fileserve.com/file/W93DEzS/1Q_Mac.X.The.Insider.Code.part3.rar&quot; target=&quot;_blank&quot;&gt;http://www.fileserve.com/file/W93DEzS/1Q_Mac.X.The.Insider.Code.part3.rar&lt;/a&gt;&lt;/noindex&gt;&lt;br /&gt;
&lt;noindex&gt;&lt;a href=&quot;http://www.fileserve.com/file/zTzvAgt/1Q_Mac.X.The.Insider.Code.part4.rar&quot; target=&quot;_blank&quot;&gt;http://www.fileserve.com/file/zTzvAgt/1Q_Mac.X.The.Insider.Code.part4.rar&lt;/a&gt;&lt;/noindex&gt;&lt;br /&gt;
&lt;noindex&gt;&lt;a href=&quot;http://www.fileserve.com/file/BHzbD58/1Q_Mac.X.The.Insider.Code.part5.rar&quot; target=&quot;_blank&quot;&gt;http://www.fileserve.com/file/BHzbD58/1Q_Mac.X.The.Insider.Code.part5.rar&lt;/a&gt;&lt;/noindex&gt;&lt;br /&gt;
&lt;noindex&gt; &lt;a href=&quot;http://www.fileserve.com/file/ghVX3ex/1Q_Mac.X.The.Insider.Code.part6.rar&quot; target=&quot;_blank&quot;&gt;http://www.fileserve.com/file/ghVX3ex/1Q_Mac.X.The.Insider.Code.part6.rar&lt;/a&gt;&lt;/noindex&gt;&lt;br /&gt;
&lt;noindex&gt;&lt;a href=&quot;http://www.fileserve.com/file/YUhwGZF/1Q_Mac.X.The.Insider.Code.part7.rar&quot; target=&quot;_blank&quot;&gt;http://www.fileserve.com/file/YUhwGZF/1Q_Mac.X.The.Insider.Code.part7.rar&lt;/a&gt;&lt;/noindex&gt;&lt;br /&gt;
&lt;noindex&gt;&lt;a href=&quot;http://www.fileserve.com/file/U6ZV54Y/1Q_Mac.X.The.Insider.Code.part8.rar&quot; target=&quot;_blank&quot;&gt;http://www.fileserve.com/file/U6ZV54Y/1Q_Mac.X.The.Insider.Code.part8.rar&lt;/a&gt;&lt;/noindex&gt;&lt;br /&gt;
mirror&lt;br /&gt;
http://uploading.com/files/me6b14e6/Mac.X.Insider.Code.part01.rar/&lt;br /&gt;
http://uploading.com/files/2abc2af1/Mac.X.Insider.Code.part02.rar/&lt;br /&gt;
http://uploading.com/files/fm4cmb6c/Mac.X.Insider.Code.part03.rar/&lt;br /&gt;
http://uploading.com/files/a8m4a6b2/Mac.X.Insider.Code.part04.rar/&lt;br /&gt;
http://uploading.com/files/8e2f45fm/Mac.X.Insider.Code.part05.rar/&lt;br /&gt;
http://uploading.com/files/f91m915e/Mac.X.Insider.Code.part06.rar/&lt;br /&gt;
http://uploading.com/files/8fm9b34f/Mac.X.Insider.Code.part07.rar/&lt;br /&gt;
http://uploading.com/files/367f289d/Mac.X.Insider.Code.part08.rar/&lt;br /&gt;
http://uploading.com/files/7987c7m4/Mac.X.Insider.Code.part09.rar/&lt;br /&gt;
http://uploading.com/files/d15c7ce9/Mac.X.Insider.Code.part10.rar/&lt;br /&gt;
http://uploading.com/files/51fe8a26/Mac.X.Insider.Code.part11.rar/&lt;br /&gt;
http://uploading.com/files/9354a919/Mac.X.Insider.Code.part12.rar/&lt;br /&gt;
&lt;br /&gt;
&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2008/10/nobrainer-forex-trading-strategy.html&quot;&gt;Nobrainer forex trading strategy&lt;/a&gt;&lt;/h3&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Nobrainer forex trading strategy has proposed by someone who called Vynner in forex trading communiy forum www.forexfactory.com, it seems that this strategy attracted a lot of trader on that community. Because this strategy was easy and simple to use. Vynner said he has use this simple forex strategy from June 2006 and gave him 300 -400 pips a months.&lt;/div&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;font-family: Trebuchet, &#39;Trebuchet MS&#39;, Arial, sans-serif; font-size: 14px;&quot;&gt;&lt;/span&gt;&lt;br /&gt;
&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/trendline-pullback.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;TrendLine Pullback&lt;/a&gt;&lt;/h3&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/sr-system.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;SR System The Trading Set-ups&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2010/03/100-z-forex-system.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;100 Z Forex system&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div align=&quot;center&quot;&gt;&lt;script language=&quot;javascript&quot; src=&quot;http://ekstreme.com/socializer/socializer.js&quot; type=&quot;text/javascript&quot;&gt;
 
&lt;/script&gt;&lt;/div&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/607071641708187995/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/607071641708187995' title='1 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/607071641708187995'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/607071641708187995'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2009/06/insider-code-agora-forex-trading-course.html' title='The Insider Code Agora Forex Trading Course'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgCcxL8lDHgW9L2MKDck41Y6GwRhGW6hhdBiuxAQfmMIRS9J3-K3tbKeJD_vq-Tx75xWISprSRtAqrZJsjB-GoyTiR4oybuVRh5NExCuMHY1vNVgOMKqbW0FQKmWCo3UBKC6qf8SdxYztc/s72-c/insider+code.png" height="72" width="72"/><thr:total>1</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-3340651649061602035</id><published>2009-02-22T06:00:00.000-08:00</published><updated>2011-04-02T09:46:52.363-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="forex trading"/><category scheme="http://www.blogger.com/atom/ns#" term="forex trading system"/><title type='text'>Forex trading strategy 1 (Fast moving averages crossover)</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;div align=&quot;justify&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div align=&quot;justify&quot;&gt;&lt;span style=&quot;font-size: 0px;&quot;&gt;Trading systems based on fast moving averages are quite easy to follow. Let&#39;s take a look at this simple system.Currency pairs: ANYTime frame chart: 1 hour or 15 minute chart.Indicators: 10 EMA, 25 EMA, 50 EMA.&lt;br /&gt;
Entry rules: When 10 EMA goes through 25 EMA and continues through 50 EMA, BUY/SELL in the direction of 10 EMA once it clearly makes it through 50 EMA. (Just wait for the current price bar to close on the opposite site of 50 EMA. This waiting helps to avoid false signals).&lt;br /&gt;
Exit rules: option1: exit when 10 EMA crosses 25 EMA again.option2: exit when 10 EMA returns and touches 50 EMA (again it is suggested to wait until the current price bar after so called “touch” has been closed on the opposite side of 50 EMA).&lt;/span&gt;&lt;/div&gt;&lt;img alt=&quot;&quot; border=&quot;0&quot; id=&quot;BLOGGER_PHOTO_ID_5305623161581740402&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjDJFX_zWkhAlaGxRnTbKkHqvI7AZgquoH_OZgYX7omIOM1pPzorS_p7iXPZvQts1V6CWLQDgxcn-JWaVXFE1KBJKl2cN1yr3L0YXUyVgZgXCy4jymUweE6wDWGwxXfBn_ceeUpE7TIMgU/s400/forexforyou.png&quot; style=&quot;display: block; height: 248px; margin: 0px auto 10px; text-align: center; width: 400px;&quot; /&gt; &lt;br /&gt;
&lt;div align=&quot;justify&quot;&gt;Advantages: it is easy to use, and it gives very good results when the market is trending, during big price break-outs and big price moves.&lt;br /&gt;
&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;br /&gt;
Disadvantages: Fast moving average indicator is a follow-up indicator or it is also called lagging indicator, which means it does not predict the future market directions, but rather reflects current situation on the market. This characteristic makes it vulnerable. First, because it can change its signals any time, second – you need to watch it all the time, third - when market trades sideways (does not trending) with very little fluctuation in price it can give many false signals, so it is not suggested to use it during such period.&lt;/div&gt;&lt;center&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;&gt;
&lt;!--
google_ad_client = &quot;pub-9247524299858021&quot;;
/* 468x60, создано 22.03.11 */
google_ad_slot = &quot;2203657378&quot;;
google_ad_width = 468;
google_ad_height = 60;
//--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;script src=&quot;http://pagead2.googlesyndication.com/pagead/show_ads.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;/center&gt;&lt;br /&gt;
&lt;div align=&quot;center&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2008/11/fx-prime-1-minute-scalping-system_07.html&quot;&gt;Fx Prime 1 Minute Scalping System&lt;/a&gt; &lt;/div&gt;&lt;div align=&quot;justify&quot;&gt;Hello everyone, I am quite new to this amazing forum but I have been lurking here for the past 6 months just reading and reading and reading, some of you on this board are just amazing. I learned lots and built a very strong and reliable system within the last 6 months that has given me about 80% accurate scalping trades. I would like to share this system with you and also hope that we can start helping each other to make this system even more powerful.&lt;/div&gt;&lt;div align=&quot;center&quot;&gt;&lt;br /&gt;
&lt;span class=&quot;Apple-style-span&quot; style=&quot;font-family: Trebuchet, &#39;Trebuchet MS&#39;, Arial, sans-serif; font-size: 14px;&quot;&gt;&lt;/span&gt;&lt;br /&gt;
&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2009/06/insider-code-agora-forex-trading-course.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;The Insider Code Agora Forex Trading Course&lt;/a&gt;&lt;/h3&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2010/03/100-z-forex-system.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;100 Z Forex system&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/when-trade-is-confirmed.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;When trade is confirmed&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/2-basics-of-charting.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;The Basics of Charting&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/3340651649061602035/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/3340651649061602035' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/3340651649061602035'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/3340651649061602035'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2009/02/forex-trading-strategy-1-fast-moving.html' title='Forex trading strategy 1 (Fast moving averages crossover)'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjDJFX_zWkhAlaGxRnTbKkHqvI7AZgquoH_OZgYX7omIOM1pPzorS_p7iXPZvQts1V6CWLQDgxcn-JWaVXFE1KBJKl2cN1yr3L0YXUyVgZgXCy4jymUweE6wDWGwxXfBn_ceeUpE7TIMgU/s72-c/forexforyou.png" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-115667147875849431</id><published>2009-02-22T05:52:00.000-08:00</published><updated>2011-04-02T09:51:01.119-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="forex trading"/><category scheme="http://www.blogger.com/atom/ns#" term="forex trading system"/><title type='text'>Scalping system 3 (2 SARs to go)</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;div align=&quot;justify&quot;&gt;&lt;/div&gt;&lt;div align=&quot;justify&quot;&gt;Be prepared to watch the price constantly. Monitoring the price is not an easy job.&lt;br /&gt;
Trade the most active hours – London and New York.EUR/USD 5 minGBP/USD 5 min(optionally may also trade AUD/USD)SAR (0.01, 0.1) – on the chartSMA 8 – on the chartMACD (5, 8, 9) + SAR (0.01, 0.1) on this MACD&lt;/div&gt;&lt;img alt=&quot;&quot; border=&quot;0&quot; id=&quot;BLOGGER_PHOTO_ID_5305619710109964706&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi3EnRQEkgEaGha-Zl2xoxvh9EYdMhakLoChcZKbrKAq2rmtwLzOQ9cKTV005YwqS_FBTkki-CxUgHrX0MZtkTMVrQzhBpr07GSBQITvpm4zkOphrKDjAA11M0HqIaPaAcPgBs-gnHoJTk/s400/forexcontent.png&quot; style=&quot;display: block; height: 306px; margin: 0px auto 10px; text-align: center; width: 400px;&quot; /&gt;&lt;br /&gt;
&lt;div align=&quot;justify&quot;&gt;&lt;/div&gt;&lt;div align=&quot;justify&quot;&gt;SAR defines whether we go short or long. We will take only one type of trades according with SAR signals.Whichever SAR gives earlier signal – we take it. (Sometimes it can be “chart-SAR”, sometime “macd-SAR”)...&lt;br /&gt;
&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;br /&gt;
Trading Rules:When we talk about “trend change” we mean small tiny trends that are actual for us scalpers on 5 minute chart. We do not want to know what is going on 15 min, hourly or even more so daily chart.&lt;br /&gt;
With the first SAR dot appearing on the opposite side (the trend has changed) – open one “trial” position Stop loss -12 (spread not included), Take profit +5. Once profit target has been hit – look for the best that current price can offer and open three equal orders. Stop loss for all orders is -12 pips (without spread), profits will be taken next way:&lt;br /&gt;
1st order – close in 5 pips and later constant re-entry-scalping with rules described below.2nd order – close on 14th (or 18th) SAR dot (whichever SAR got first 14 dots – just count them) – this gives us some relief that we have scored something. Also you may not wait till certain number of dots and just close second order where you fill it is a good gain to secure.Another option: if you are familiar with waves and know what price retracement means, look to close 2nd order after the first, at most second clearly noticeble retracement and once the price has recovered and gave a strong move forward.3rd – this order remains open and it is our constant relief that we are always earning something as long as both SARs are in agreement that the trend is alive. We close 3rd order only with the first SAR dot (any of 2 SARs) appearing on the opposite side signaling of a reversal.Or if you feel it is enough for you – do not hesitate and close it earlier!&lt;br /&gt;
&lt;center&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;&gt;
&lt;!--
google_ad_client = &quot;pub-9247524299858021&quot;;
/* 468x60, создано 22.03.11 */
google_ad_slot = &quot;2203657378&quot;;
google_ad_width = 468;
google_ad_height = 60;
//--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;script src=&quot;http://pagead2.googlesyndication.com/pagead/show_ads.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;/center&gt;&lt;br /&gt;
We trade both currency pairs at once. In total we run 6 open orders maximum.EUR/USD and GBP/USD have over +90 in correlation which means they move simultaneously almost always. It helps to anticipate good or bad signs watching two pairs at once.&lt;br /&gt;
If with the first “trial” entry we have loss, open next “trial” position only when both SARs have agreed on the trend. (You may always wait for 2 SARs to be in agreement before entering any trade, but then sometimes you will miss most of the price move).&lt;br /&gt;
Now let’s move to our order # 1 which is going to be reopened to scalp the market with 5 pips in profit.Stop loss will remain -12 pips. Profit target +5 pips.&lt;br /&gt;
Once hit 5 pips and we are on the same candle (price bar) set limit order on the same candle half way from the current price (this is not to be calculated, just approximately, also you may check previous candle extremes and set order accordingly). In other words, “half way” means half of the candle’s current body while the candle continues moving up and down). So, set half way below (for uptrend)/above (for downtrend) the recent price – what we want here is for the price to pull back, fulfill our order and bring us another 5 pips on the same spot. If it does not retrace – we will not worry as we have our two other orders gaining profits for us.&lt;br /&gt;
If a new 5 min candle appears, then project (visually) possible future retracement/pullback close to 8SMA and set limit order there – in other words, make your limit order “sit” on the tip of 8EMA line). Reposition your limit order with each new candle.&lt;br /&gt;
Now let’s play around 8 SMA. The price really “knows” this SMA.a) If most of the candle has closed above (uptrend)/below (downtrend) 8 SMA for the first time – buy/sell accordingly.&lt;br /&gt;
b) For uptrend when price touches 8 SMA for the first time from above and current candlestick closes above or on 8 SMA – buy, but only if MACD’s histogram is not sloping down and about to cross 0 line or already below 0 line. If conditions are not met – sit and wait......And wait for the same MACD’s histogram to go below 0 line with the new candle and create a sharp turn (usually) or a rounding turn (not often). Enter on the close of the current candle after the sharp or rounding turn is spotted.&lt;br /&gt;
c) Constantly watch the price approaching SAR dots as once they meet – SAR indicator will signal for the change of the trend with the new dot not matter what, therefore if spotted – prepare to exit – do not wait for the SAR as it will redraw signal only in 5 min interval – valuable time can be lost. Instead watch the price, find the best “offer” and exit early with minimum loss.&lt;br /&gt;
If one currency pair is showing change in trend – e.g. got signal on SAR indicator, but the other does not – exit on both anyway. Pairs move simultaneously. So the other reverse signal is on its way to appear. You may find at times that EUR/USD pair usually moves slightly ahead of GBP/USD.&lt;br /&gt;
d) If the price for the first time has breached 8 SMA and closed on the opposite side – start watching closely the next 3 candles: if it comes back, closes on your side and goes in your favor – OK, but if price comes back, closes on your side and soon after goes and “attacks” 8SMA again and closes on the opposite side – exit with all you orders at the first suitable moment, because it is a strong (about 80%) sign of the trend reversal.&lt;br /&gt;
Once again the safest mode is:If two SARs are in disagreement – stay out. Once both are telling the same thing – get in.&lt;br /&gt;
Happy scalping!&lt;/div&gt;&lt;div align=&quot;center&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2008/10/nobrainer-forex-trading-strategy.html&quot;&gt;Nobrainer forex trading strategy&lt;/a&gt; &lt;/div&gt;&lt;div align=&quot;justify&quot;&gt;Nobrainer forex trading strategy has proposed by someone who called Vynner in forex trading communiy forum www.forexfactory.com, it seems that this strategy attracted a lot of trader on that community. Because this strategy was easy and simple to use. Vynner said he has use this simple forex strategy from June 2006 and gave him 300 -400 pips a months.&lt;br /&gt;
&lt;span class=&quot;Apple-style-span&quot; style=&quot;font-family: Trebuchet, &#39;Trebuchet MS&#39;, Arial, sans-serif; font-size: 14px;&quot;&gt;&lt;/span&gt;&lt;br /&gt;
&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2009/02/forex-trading-strategy-1-fast-moving.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;Forex trading strategy 1 (Fast moving averages crossover)&lt;/a&gt;&lt;/h3&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/reversal-setup-in-forex.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;Super Aggressive Reversal Set-up&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/how-i-trade-price-action.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;How I trade Price Action&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/how-i-trade-price-action.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;How I trade Price Action&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/115667147875849431/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/115667147875849431' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/115667147875849431'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/115667147875849431'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2009/02/scalping-system-3-2-sars-to-go.html' title='Scalping system 3 (2 SARs to go)'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi3EnRQEkgEaGha-Zl2xoxvh9EYdMhakLoChcZKbrKAq2rmtwLzOQ9cKTV005YwqS_FBTkki-CxUgHrX0MZtkTMVrQzhBpr07GSBQITvpm4zkOphrKDjAA11M0HqIaPaAcPgBs-gnHoJTk/s72-c/forexcontent.png" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-4316666742010158600</id><published>2008-11-07T06:40:00.001-08:00</published><updated>2011-04-02T09:57:34.183-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="forex education"/><category scheme="http://www.blogger.com/atom/ns#" term="forex trading"/><category scheme="http://www.blogger.com/atom/ns#" term="forex trading system"/><title type='text'>Fx Prime 1 Minute Scalping System</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;div align=&quot;center&quot;&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;Hello everyone, I am quite new to this amazing forum but I have been lurking here for the past 6 months just reading and reading and reading, some of you on this board are just amazing. I learned lots and built a very strong and reliable system within the last 6 months that has given me about 80% accurate scalping trades. I would like to share this system with you and also hope that we can start helping each other to make this system even more powerful.&lt;/div&gt;&lt;br /&gt;
&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtTNV2ZsHTdR1ZABbxBN8Ssi7vn-8ggy7wPub4uHuKKmej2ZhVjR_C1r-pmUpww_4vvC8peewszcyq6b3LaA2p6db-DweLf0L2UM_vowsZ23qHDwR2a4pluUhFYsUTK2tXu5oW43glMIrm/s1600-h/eur.jpg&quot; onblur=&quot;try {parent.deselectBloggerImageGracefully();} catch(e) {}&quot;&gt;&lt;img alt=&quot;&quot; border=&quot;0&quot; id=&quot;BLOGGER_PHOTO_ID_5265925122368314690&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtTNV2ZsHTdR1ZABbxBN8Ssi7vn-8ggy7wPub4uHuKKmej2ZhVjR_C1r-pmUpww_4vvC8peewszcyq6b3LaA2p6db-DweLf0L2UM_vowsZ23qHDwR2a4pluUhFYsUTK2tXu5oW43glMIrm/s400/eur.jpg&quot; style=&quot;cursor: pointer; display: block; height: 290px; margin: 0px auto 10px; text-align: center; width: 400px;&quot; /&gt;&lt;/a&gt;&lt;span style=&quot;font-family: Tahoma;&quot;&gt;&lt;span style=&quot;font-size: 130%;&quot;&gt;(Fx Prime 1 Minute Scalping System)&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;
&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;/div&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: center;&quot;&gt;&lt;span style=&quot;font-family: Tahoma;&quot;&gt;&lt;span style=&quot;font-size: 130%;&quot;&gt;Trade between 3am est time till 11am est time&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style=&quot;font-family: Tahoma;&quot;&gt;&lt;span style=&quot;font-size: 130%;&quot;&gt;S/L 10 pips Take Profit will be explained&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;
&lt;div align=&quot;center&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-size: 180%;&quot;&gt;&lt;span style=&quot;color: red;&quot;&gt;ONLY USE THE INDICATORS AND TEMPLATE IN &lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;br /&gt;
&lt;b&gt;&lt;span style=&quot;font-size: 180%;&quot;&gt;&lt;span style=&quot;color: red;&quot;&gt;THIS POST! IT IS THE FINAL ONE!!&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/div&gt;&lt;br /&gt;
&lt;div align=&quot;center&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-size: 180%;&quot;&gt;&lt;span style=&quot;color: red;&quot;&gt;After Templates Are Installed And You Have Read The Method Go To The Video Below To Learn How To Trade This Method!&lt;br /&gt;
&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;noindex&gt;&lt;a href=&quot;http://www.forexfactory.com/showthread.php?t=114258&quot;&gt;&lt;span style=&quot;color: #3366ff; font-weight: bold;&quot;&gt;More read .............&lt;/span&gt;&lt;/a&gt;&lt;/noindex&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;/div&gt;&lt;div align=&quot;center&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div align=&quot;center&quot;&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;font-family: Trebuchet, &#39;Trebuchet MS&#39;, Arial, sans-serif; font-size: 14px;&quot;&gt;&lt;/span&gt;&lt;br /&gt;
&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/2-basics-of-charting.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;The Basics of Charting&lt;/a&gt;&lt;/h3&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/when-trade-is-confirmed.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;When trade is confirmed&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/breakout-and-pullback.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;Breakout and Pullback&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/forex-marvel-trader.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;Forex Marvel Trader&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/4316666742010158600/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/4316666742010158600' title='2 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/4316666742010158600'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/4316666742010158600'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2008/11/fx-prime-1-minute-scalping-system_07.html' title='Fx Prime 1 Minute Scalping System'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtTNV2ZsHTdR1ZABbxBN8Ssi7vn-8ggy7wPub4uHuKKmej2ZhVjR_C1r-pmUpww_4vvC8peewszcyq6b3LaA2p6db-DweLf0L2UM_vowsZ23qHDwR2a4pluUhFYsUTK2tXu5oW43glMIrm/s72-c/eur.jpg" height="72" width="72"/><thr:total>2</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-3264205996336353008</id><published>2008-10-15T08:56:00.000-07:00</published><updated>2011-03-22T04:29:55.247-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="forex trading system"/><title type='text'>Nobrainer forex trading strategy</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj1mNj82AyVrGEE20GE9UUAfQ_JpkudzyqTltJNbip3Wth2EZdNqg5MJ4vfPdQWuMfSa4OAUtZUOTysHhhPW2ph8GAJVQxXl-xF-yeFGxUQqf4NiwF7ve9krfU_SLn7H0BKyj6hDeYE4Bk/s1600-h/exit.JPG&quot; onblur=&quot;try {parent.deselectBloggerImageGracefully();} catch(e) {}&quot;&gt;&lt;img alt=&quot;&quot; border=&quot;0&quot; id=&quot;BLOGGER_PHOTO_ID_5257411034123900594&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj1mNj82AyVrGEE20GE9UUAfQ_JpkudzyqTltJNbip3Wth2EZdNqg5MJ4vfPdQWuMfSa4OAUtZUOTysHhhPW2ph8GAJVQxXl-xF-yeFGxUQqf4NiwF7ve9krfU_SLn7H0BKyj6hDeYE4Bk/s400/exit.JPG&quot; style=&quot;display: block; margin: 0px auto 10px; text-align: center;&quot; /&gt;&lt;/a&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjpqmnGx3G7Y4jytcqseUj54sGQjKrI_KUtfIn0mu4OTpoLesjo4DADmWyJQAmA4WKCv3pCgKpjOwA5ciuAADmgGSIYQES05GjN0QKFf-6w58ZLz2TgB0m1_dmHNn9FIgpc0gHxGdkutQw/s1600-h/GBPUSD.JPG&quot; onblur=&quot;try {parent.deselectBloggerImageGracefully();} catch(e) {}&quot;&gt;&lt;img alt=&quot;&quot; border=&quot;0&quot; id=&quot;BLOGGER_PHOTO_ID_5257410690836978866&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjpqmnGx3G7Y4jytcqseUj54sGQjKrI_KUtfIn0mu4OTpoLesjo4DADmWyJQAmA4WKCv3pCgKpjOwA5ciuAADmgGSIYQES05GjN0QKFf-6w58ZLz2TgB0m1_dmHNn9FIgpc0gHxGdkutQw/s400/GBPUSD.JPG&quot; style=&quot;display: block; margin: 0px auto 10px; text-align: center;&quot; /&gt;&lt;/a&gt;Nobrainer forex trading strategy has proposed by someone who called Vynner in forex trading communiy forum www.forexfactory.com, it seems that this strategy attracted a lot of trader on that community. Because this strategy was easy and simple to use. Vynner said he has use this simple forex strategy from June 2006 and gave him 300 -400 pips a months.&lt;br /&gt;
&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;br /&gt;
Here is the system :&lt;span style=&quot;color: #ffcc00;&quot;&gt;&lt;br /&gt;
&lt;/span&gt;Things you need:&lt;br /&gt;
1) Daily Chart on GBP/USD&lt;br /&gt;
2) 4 hours Chart on GBP/USD&lt;br /&gt;
3) Slow Stochatics (13,5,5) on both charts&lt;br /&gt;
4) EMA 4, EMA13, EMA50 on the 4 hours chart&lt;br /&gt;
&lt;center&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;&gt;&lt;!--
google_ad_client = &quot;pub-9247524299858021&quot;;
/* 468x60, создано 22.03.11 */
google_ad_slot = &quot;2203657378&quot;;
google_ad_width = 468;
google_ad_height = 60;
//--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;
src=&quot;http://pagead2.googlesyndication.com/pagead/show_ads.js&quot;&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;/center&gt;&lt;br /&gt;
Look at 4 hours chart&lt;br /&gt;
Entry:&lt;br /&gt;
When the EMA4 first cross the EMA50 follow by EMA13 cross the EMA50, with a new open candle, place your entry with a stop loss of 50pips.&lt;br /&gt;
Exit :&lt;br /&gt;
When EMA4 reverse and cross the EMA13 on the next open candle.&lt;br /&gt;
&lt;br /&gt;
They call this the NoBrainersTrade but Vynner has modified a few things and add in a really good filter base on the daily charts with slow stochastics.&lt;br /&gt;
&lt;br /&gt;
For Filter look at Daily chart&lt;br /&gt;
Valid Long Entry:&lt;br /&gt;
Slow %K above Slow %D on the Daily Chart&lt;br /&gt;
Valid Short Entry:&lt;br /&gt;
Slow %D above Slow %K on the Daily Chart&lt;br /&gt;
&lt;br /&gt;
&quot;Very simple method but yet powerful. It works on other pairs too but I found this work best on GBP/USD&quot; ---&lt;span style=&quot;font-style: italic; font-weight: bold;&quot;&gt;VyNNer-&lt;/span&gt;---&lt;/div&gt;&lt;br /&gt;
&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2008/08/forex-trend-following-how-to-catch-and.html&quot;&gt;Forex Trend Following - How to Catch and Hold the Big Trends For Huge Profits&lt;/a&gt;&lt;/h3&gt;&lt;br /&gt;
&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2008/08/forex-education-why-buying-low-selling.html&quot;&gt;Forex Education - Why Buying Low Selling High is Not the Best Strategy For Profits&lt;/a&gt;&lt;/h3&gt;&lt;br /&gt;
&lt;div align=&quot;center&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/&quot;&gt;Forex for You&lt;/a&gt;&lt;script language=&quot;javascript&quot; src=&quot;http://ekstreme.com/socializer/socializer.js&quot; type=&quot;text/javascript&quot;&gt;
 
&lt;/script&gt; &lt;/div&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/3264205996336353008/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/3264205996336353008' title='1 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/3264205996336353008'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/3264205996336353008'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2008/10/nobrainer-forex-trading-strategy.html' title='Nobrainer forex trading strategy'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj1mNj82AyVrGEE20GE9UUAfQ_JpkudzyqTltJNbip3Wth2EZdNqg5MJ4vfPdQWuMfSa4OAUtZUOTysHhhPW2ph8GAJVQxXl-xF-yeFGxUQqf4NiwF7ve9krfU_SLn7H0BKyj6hDeYE4Bk/s72-c/exit.JPG" height="72" width="72"/><thr:total>1</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-3905724846889270497</id><published>2008-10-02T05:37:00.001-07:00</published><updated>2011-04-02T10:00:16.831-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="forex education"/><title type='text'>5 essential things you need to know to boost profits trading forex</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjdtG8cxVh8rdh7AS7gcuKaW5hJXRbjv9NFG9X6DS0CDnhCVZElc1_XQoJQ3NNDypgcD-CqZMP8fBfuDwuOJkMQLT-2EM_AppxPCvh5Wdv6u3sqMoe4fFU3r_FDzMdkZ-Cex7kLHF0oR4E/s1600-h/forex-3.jpg&quot; onblur=&quot;try {parent.deselectBloggerImageGracefully();} catch(e) {}&quot;&gt;&lt;img alt=&quot;&quot; border=&quot;0&quot; id=&quot;BLOGGER_PHOTO_ID_5252534969364846562&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjdtG8cxVh8rdh7AS7gcuKaW5hJXRbjv9NFG9X6DS0CDnhCVZElc1_XQoJQ3NNDypgcD-CqZMP8fBfuDwuOJkMQLT-2EM_AppxPCvh5Wdv6u3sqMoe4fFU3r_FDzMdkZ-Cex7kLHF0oR4E/s400/forex-3.jpg&quot; style=&quot;cursor: pointer; float: right; margin: 0pt 0pt 10px 10px;&quot; /&gt;&lt;/a&gt;&lt;span style=&quot;font-size: 85%;&quot;&gt;Any time can be a good time for foreign currency traders, because they can seek profits in rising and falling markets. In the current market traders are seeing more opportunities than ever before, with big news and developments affecting currencies every day. &lt;/span&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;span style=&quot;font-size: 85%;&quot;&gt;It’s a great time to make money – but also to lose it so the following tips can help increase your chances of making more profits than losses: &lt;/span&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;span style=&quot;font-size: 85%;&quot;&gt;&lt;b&gt;1. Know how to analyse the market&lt;/b&gt; &lt;/span&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;span style=&quot;font-size: 85%;&quot;&gt;There are two types of analysis that help traders understand the environment they are trading in, which ultimately equips them to maximise their chances of success. &lt;/span&gt;&lt;/div&gt;&lt;span style=&quot;font-size: 85%;&quot;&gt;&lt;/span&gt;&lt;br /&gt;
&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;span style=&quot;font-size: 85%;&quot;&gt;&lt;br /&gt;
&lt;/span&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;span style=&quot;font-size: 85%;&quot;&gt;Fundamental analysis is examining the forces that make a currency move and understanding the key indictors that determine the strength of a country’s economy. These include: &lt;/span&gt;&lt;br /&gt;
&lt;br /&gt;
&lt;span style=&quot;font-size: 85%;&quot;&gt;&lt;/span&gt;&lt;br /&gt;
&lt;ul&gt;&lt;li&gt;Interest rates – the dollar tends to move up when interest rates are rising; &lt;/li&gt;
&lt;li&gt;Global growth and demand for resources – demand for a country’s goods supports the currency; &lt;/li&gt;
&lt;li&gt;The economic cycle – a phase of strong growth tends to be followed by a phase of slow growth. Indicators include housing statistics, retail and automotive sales figures and employment levels; &lt;/li&gt;
&lt;li&gt;Budget trade deficits and surpluses – surpluses indicate growth and a rising currency; deficits indicate the opposite; &lt;/li&gt;
&lt;li&gt;Inflation – rising inflation tends to reduce the value of a currency. &lt;/li&gt;
&lt;/ul&gt;Technical analysis is the process of identifying market patterns by examining charts of past price behaviour. This assists in determining points where the market may change direction and provides the basis on which most traders make their trading decisions. If you haven’t traded before you should study technical analysis in some detail. A book I recommend is Technical Analysis of Currency Markets by Boris Schlossberg. All reputable spot forex providers should provide access to a variety of charts.&lt;br /&gt;
&lt;center&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;&gt;
&lt;!--
google_ad_client = &quot;pub-9247524299858021&quot;;
/* 468x60, создано 22.03.11 */
google_ad_slot = &quot;2203657378&quot;;
google_ad_width = 468;
google_ad_height = 60;
//--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;script src=&quot;http://pagead2.googlesyndication.com/pagead/show_ads.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;/center&gt;&lt;br /&gt;
&lt;b&gt;2. Know when to cut your losses and when to let profits run&lt;/b&gt;&lt;br /&gt;
&lt;br /&gt;
The key to successful trading is to ensure that you set levels/targets for profit and loss and stick to these level. This requires both discipline and a basic knowledge of the markets you are trading in, as well as the value of those currencies.&lt;br /&gt;
&lt;br /&gt;
&lt;b&gt;3. Know how to place a stop loss order&lt;/b&gt;&lt;br /&gt;
&lt;br /&gt;
If you don’t set stops and limits, how will you ever be able to tear yourself away from your computer?&lt;br /&gt;
&lt;br /&gt;
Automated trailing stops give you the opportunity to set one order that will help you to lock in profits and limit losses. They are most commonly used to protect an open position. You set the distance from the current quote that you’d like your stop to trail, and if the market moves in your anticipated direction, the stop order will automatically follow, or ‘trail,’ the market by your specified distance. If the market starts to turn in the opposite direction and moves the distance at which your stop was set to trail, your stop order will be filled.&lt;br /&gt;
&lt;br /&gt;
&lt;b&gt;4. Know the importance of a trading plan&lt;/b&gt;&lt;br /&gt;
&lt;br /&gt;
Most people who lose money do so through lack of knowledge, poor discipline and no trading plan. Your trading plan should have the following essential elements:&lt;br /&gt;
&lt;ul&gt;&lt;li&gt;Trading objective – this may be a target return on risk capital or an expected percentage gain on winning trades;&lt;/li&gt;
&lt;li&gt;When to enter – this should be based on your study of technical analysis and chart patterns;&lt;/li&gt;
&lt;li&gt;Stop-losses – these are essential for risk management and should be studied closely to ensure you use them appropriately;&lt;/li&gt;
&lt;li&gt;When to exit – this is also a result of studying chart signals;&lt;/li&gt;
&lt;li&gt;Risk-management rules – designed to preserve your risk capital by limiting the amount you put at risk on any one trade;&lt;/li&gt;
&lt;li&gt;When to stay on the sidelines.&lt;/li&gt;
&lt;/ul&gt;&lt;b&gt;5. Know the risks&lt;/b&gt;&lt;br /&gt;
&lt;br /&gt;
GFT asks its customers to acknowledge that trading spot forex is a high-risk activity. While this form of trading can be exhilarating and enables people to trade with less funds than required to invest in physical stocks, it is only for those who are fully aware of the risks. You need to constantly gather as much relevant knowledge as you can. You need tremendous self-discipline to set rules and limits for yourself and stick to them in rapidly changing markets. And you need the self-control to only risk what you can afford to lose.&lt;br /&gt;
&lt;br /&gt;
&lt;h2 class=&quot;date-header&quot;&gt;&lt;a href=&quot;http://www.blogger.com/post-edit.g?blogID=1123927182721813494&amp;amp;postID=3905724846889270497&quot; name=&quot;8651496172332359502&quot;&gt;&lt;/a&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;font-family: Trebuchet, &#39;Trebuchet MS&#39;, Arial, sans-serif; font-size: 14px; font-weight: normal;&quot;&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/trading-plan-content.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;Trading Plan Content&lt;/a&gt;&lt;/h3&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/money-management.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;Money Management&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/2-basics-of-charting.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;The Basics of Charting&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;/span&gt; &lt;/h2&gt;&lt;h3 class=&quot;post-title&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2008/08/forex-trend-following-how-to-catch-and.html&quot;&gt;Forex Trend Following - How to Catch and Hold the Big Trends For Huge Profits&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;/div&gt;&lt;div align=&quot;center&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div align=&quot;center&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/3905724846889270497/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/3905724846889270497' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/3905724846889270497'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/3905724846889270497'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2008/10/5-essential-things-you-need-to-know-to.html' title='5 essential things you need to know to boost profits trading forex'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjdtG8cxVh8rdh7AS7gcuKaW5hJXRbjv9NFG9X6DS0CDnhCVZElc1_XQoJQ3NNDypgcD-CqZMP8fBfuDwuOJkMQLT-2EM_AppxPCvh5Wdv6u3sqMoe4fFU3r_FDzMdkZ-Cex7kLHF0oR4E/s72-c/forex-3.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-4140780297271348613</id><published>2008-08-28T02:40:00.000-07:00</published><updated>2011-04-02T10:06:06.129-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Glossary of Terms"/><title type='text'>Glossary of Terms</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;span class=&quot;GramE&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;American-style option – &lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;An option contract that may be exercised at any time before it expires.&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt; &lt;/span&gt;&lt;b&gt;Ask &lt;/b&gt;–&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;The quoted price at which a customer can buy a currency pair. &lt;span class=&quot;GramE&quot;&gt;Also referred to as the ‘offer,’ ‘ask price,’ or ‘ask rate.’&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;&lt;/span&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;Base Currency – &lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;For foreign exchange trading, currencies are quoted in terms of a currency pair. The first currency in the pair is the base currency. For example, in a USD/JPY currency pair, the US dollar is the base currency. Also may be referred to as the primary currency.&lt;/span&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;a href=&quot;http://www.blogger.com/post-edit.g?blogID=1123927182721813494&amp;amp;postID=4140780297271348613&quot; name=&quot;bid&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;Bid&lt;/span&gt;&lt;/b&gt;&lt;/a&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt; &lt;b&gt;–&lt;/b&gt; The quoted price where a customer can sell a currency pair. &lt;span class=&quot;GramE&quot;&gt;Also known as the &#39;bid price&#39; or &#39;bid rate.&#39;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;Bid/Ask Spread &lt;/span&gt;&lt;/b&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;–&lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt; The point difference between the bid and ask (offer) price.&lt;/span&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;Currency pair&lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt; &lt;b&gt;– &lt;/b&gt;The two currencies that make up a foreign exchange rate. For example, USD/YEN is a currency pair.&lt;/span&gt;&lt;br /&gt;
&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;Dealer&lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt; &lt;b&gt;–&lt;/b&gt; A firm in the business of acting as &lt;span class=&quot;GramE&quot;&gt;a counterparty&lt;/span&gt; to foreign currency transactions.&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span class=&quot;GramE&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;European-style option –&lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt; An option contract that can be exercised only on or near its expiration date.&lt;/span&gt;&lt;/span&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;Expiration –&lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt; This is the last day on which an option may either be exercised or offset.&lt;/span&gt;&lt;/div&gt;&lt;center&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;&gt;
&lt;!--
google_ad_client = &quot;pub-9247524299858021&quot;;
/* 468x60, создано 22.03.11 */
google_ad_slot = &quot;2203657378&quot;;
google_ad_width = 468;
google_ad_height = 60;
//--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;script src=&quot;http://pagead2.googlesyndication.com/pagead/show_ads.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;/center&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span class=&quot;SpellE&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;Interbank&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt; market – &lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;A loose network of currency transactions negotiated between financial institutions and other large companies.&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;Leverage – &lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;The ability to control large dollar amount of a commodity with a comparatively small amount of capital. &lt;span class=&quot;GramE&quot;&gt;Also known as ‘gearing.’&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;span class=&quot;GramE&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;Margin –&lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt; See Security Deposit.&lt;/span&gt;&lt;/span&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;Offer – &lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;See Ask.&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;Open position – &lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;Any transaction that has not been closed out by a corresponding opposite transaction.&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;Quote currency – &lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;The second currency in a currency pair is referred to as the quote currency. For example, in a USD/JPY currency pair, the Japanese yen is the quote currency. &lt;span class=&quot;GramE&quot;&gt;Also referred to as the secondary currency or the counter currency.&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;Rollover – &lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;The process of extending the settlement date on an open position by rolling it over to the next settlement date.&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;Security deposit – &lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;The amount of money needed to open or maintain a position. &lt;span class=&quot;GramE&quot;&gt;Also known as ‘margin.’&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;Settlement – &lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;The actual delivery of currencies made on the maturity date of a trade.&lt;b&gt;&lt;/b&gt;&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;/div&gt;&lt;div class=&quot;MsoNormal&quot; style=&quot;text-align: justify;&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;Spread&lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt; – The point difference between &lt;span class=&quot;GramE&quot;&gt;the ask&lt;/span&gt; and bid price of a currency pair.&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt;Trader –&lt;/span&gt;&lt;/b&gt;&lt;span style=&quot;font-family: &#39;Garamond Book&#39;;&quot;&gt; An individual who is on the other side of the trade with the dealer and whose objective is to profit from price movements.&lt;/span&gt;&lt;/div&gt;&lt;div align=&quot;center&quot;&gt;&lt;br /&gt;
&lt;/div&gt;&lt;div align=&quot;center&quot;&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;font-family: Trebuchet, &#39;Trebuchet MS&#39;, Arial, sans-serif; font-size: 14px;&quot;&gt;&lt;/span&gt;&lt;br /&gt;
&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/2-basics-of-charting.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;The Basics of Charting&lt;/a&gt;&lt;/h3&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/forex-marvel-trader.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;Forex Marvel Trader&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/how-i-trade-price-action.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;How I trade Price Action&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2008/10/5-essential-things-you-need-to-know-to.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;5 essential things you need to know to boost profits trading forex&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/4140780297271348613/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/4140780297271348613' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/4140780297271348613'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/4140780297271348613'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2008/08/glossary-of-terms.html' title='Glossary of Terms'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-8651496172332359502</id><published>2008-08-12T14:04:00.001-07:00</published><updated>2011-04-02T10:08:12.686-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="forex education"/><category scheme="http://www.blogger.com/atom/ns#" term="forex trading system"/><title type='text'>Forex Trend Following - How to Catch and Hold the Big Trends For Huge Profits</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi97DgIHvdNSQog_Q93PqqaSSQaUwh-Eks6wqnhPidNtt_sOsdKVoKAHh5HFD5e3bCqQmhtlwRQw6cwlaTsReQ33dNk5uHTHRHQj5GXPuaFJsh9ygh-kM4e0PJ7VuYgy2LsRMTUFo94-EU/s1600-h/forex.gif&quot; onblur=&quot;try {parent.deselectBloggerImageGracefully();} catch(e) {}&quot;&gt;&lt;img alt=&quot;&quot; border=&quot;0&quot; id=&quot;BLOGGER_PHOTO_ID_5233760192138151170&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi97DgIHvdNSQog_Q93PqqaSSQaUwh-Eks6wqnhPidNtt_sOsdKVoKAHh5HFD5e3bCqQmhtlwRQw6cwlaTsReQ33dNk5uHTHRHQj5GXPuaFJsh9ygh-kM4e0PJ7VuYgy2LsRMTUFo94-EU/s320/forex.gif&quot; style=&quot;cursor: pointer; display: block; margin: 0px auto 10px; text-align: center;&quot; /&gt;&lt;/a&gt;&lt;span name=&quot;KonaFilter&quot;&gt;&lt;span name=&quot;KonaFilter&quot;&gt;The really big profits come from catching and holding the big long term currency trends which can last for weeks, months or years and this article is all about turning these trends into triple digit profits. If you look at any &lt;span style=&quot;font-weight: bold;&quot;&gt;forex&lt;/span&gt; chart, you will see long term trends and here is a simple &lt;a href=&quot;http://forexcontent.blogspot.com/2008/08/forex-education-why-buying-low-selling.html&quot;&gt;forex trading strategy&lt;/a&gt; for turning them into profits.&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;span name=&quot;KonaFilter&quot; style=&quot;font-style: italic;&quot;&gt;&lt;span name=&quot;KonaFilter&quot;&gt;Learn How to Use Breakouts &lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;span name=&quot;KonaFilter&quot;&gt;&lt;span name=&quot;KonaFilter&quot;&gt;The first point is most new trends and continuations, start from new market highs. If you want to make money then you need to buy breakouts. Most traders make the mistake of waiting for prices to pullback to get in at a better &quot;price&quot; but the move doesn&#39;t in most instances it continues, so you must learn to buy breakouts - if you want to get on the side of the big trends. &lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;span name=&quot;KonaFilter&quot; style=&quot;font-style: italic;&quot;&gt;&lt;span name=&quot;KonaFilter&quot;&gt;Valid Breakouts &lt;/span&gt;&lt;/span&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;span name=&quot;KonaFilter&quot;&gt;&lt;span name=&quot;KonaFilter&quot;&gt;Not all breakouts have the same odds of success and you need to be selective in your choice to catch the best ones. Generally, a breakout is valid if the breakout point, has been tested several times (the more times the better) and if this has occurred in different time frames which are spaced wide apart, that adds to the validity of the resistance. You are generally looking levels the market participants consider important and when the level breaks look to go with the breakout. You don&#39;t just buy though, you need to check momentum. &lt;/span&gt;&lt;/span&gt;&lt;br /&gt;
&lt;center&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;&gt;
&lt;!--
google_ad_client = &quot;pub-9247524299858021&quot;;
/* 468x60, создано 22.03.11 */
google_ad_slot = &quot;2203657378&quot;;
google_ad_width = 468;
google_ad_height = 60;
//--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;script src=&quot;http://pagead2.googlesyndication.com/pagead/show_ads.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;/center&gt;&lt;br /&gt;
&lt;span name=&quot;KonaFilter&quot; style=&quot;font-style: italic;&quot;&gt;&lt;span name=&quot;KonaFilter&quot;&gt;Confirmation &lt;/span&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span name=&quot;KonaFilter&quot;&gt;&lt;span name=&quot;KonaFilter&quot;&gt;Momentum indicators are discussed in our other articles but they simply allow you to gauge the strength of momentum and if its rising then chances are the breakout is valid and will continue. You only need one or two to confirm and our favourites are the RSI and stochastic. There visual indicators and easy to learn and apply. &lt;/span&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span name=&quot;KonaFilter&quot; style=&quot;font-style: italic;&quot;&gt;&lt;span name=&quot;KonaFilter&quot;&gt;Applying the Stop &lt;/span&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span name=&quot;KonaFilter&quot;&gt;&lt;span name=&quot;KonaFilter&quot;&gt;Applying the stop is easy it&#39;s under the breakout as the previous resistance broken will now act as support. &lt;/span&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span name=&quot;KonaFilter&quot; style=&quot;font-style: italic;&quot;&gt;&lt;span name=&quot;KonaFilter&quot;&gt;The Key to Making Triple Digit Gains! &lt;/span&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span name=&quot;KonaFilter&quot;&gt;&lt;span name=&quot;KonaFilter&quot;&gt;Is how you trail your stop remember if you have had a valid breakout chances are it will last a long time weeks or months and you need to stay in the trend. Most traders get so excited when they have a profit; they want to lock it in and protect it and move their stop up to quickly. They then get knocked out of the trade by random volatility, get a marginal profit next, then they see the trend sail on over the horizon, piling up thousands of dollars in profit and their not in! &lt;/span&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span name=&quot;KonaFilter&quot; style=&quot;font-style: italic;&quot;&gt;&lt;span name=&quot;KonaFilter&quot;&gt;Keep your stop back and trail it slowly. &lt;/span&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span name=&quot;KonaFilter&quot;&gt;&lt;span name=&quot;KonaFilter&quot;&gt;You need to give the market room to breathe and accept drawdown in the short term and keep your eyes on the bigger long term prize, when you bank. A good way to do this is by using key moving averages. Generally dips to the 20 day are areas you can load up more trades in the direction of the trend and the 40 day MA, is a good area to have your stop in line with nearby trend line support as its outside of random volatility and will keep you in the trend. Sure you give a bit back at the end but if you got 50% of every major trend you would be very rich. &lt;/span&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span name=&quot;KonaFilter&quot; style=&quot;font-style: italic;&quot;&gt;&lt;span name=&quot;KonaFilter&quot;&gt;A Simple, Time Efficient Way to make Triple Digit Profits. &lt;/span&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span name=&quot;KonaFilter&quot;&gt;&lt;span name=&quot;KonaFilter&quot;&gt;The above is a simple way to make money from long term trends and I know traders who make 100% annual gains doing the above. Another advantage of this type of trading is it takes less than 30 minutes a day. You also don&#39;t have to worry about watching prices all the time and you don&#39;t have to trade often. Long term trend following can be very profitable if you follow the above tips and there easy to do.&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;br /&gt;
&lt;div align=&quot;center&quot;&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;font-family: Trebuchet, &#39;Trebuchet MS&#39;, Arial, sans-serif; font-size: 14px;&quot;&gt;&lt;/span&gt;&lt;br /&gt;
&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/how-i-trade-price-action.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;How I trade Price Action&lt;/a&gt;&lt;/h3&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/forex-marvel-trader.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;Forex Marvel Trader&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2008/10/5-essential-things-you-need-to-know-to.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;5 essential things you need to know to boost profits trading forex&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/2-basics-of-charting.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;The Basics of Charting&lt;/a&gt;&lt;/h3&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/8651496172332359502/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/8651496172332359502' title='1 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/8651496172332359502'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/8651496172332359502'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2008/08/forex-trend-following-how-to-catch-and.html' title='Forex Trend Following - How to Catch and Hold the Big Trends For Huge Profits'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi97DgIHvdNSQog_Q93PqqaSSQaUwh-Eks6wqnhPidNtt_sOsdKVoKAHh5HFD5e3bCqQmhtlwRQw6cwlaTsReQ33dNk5uHTHRHQj5GXPuaFJsh9ygh-kM4e0PJ7VuYgy2LsRMTUFo94-EU/s72-c/forex.gif" height="72" width="72"/><thr:total>1</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1123927182721813494.post-3995993287302531388</id><published>2008-08-12T11:51:00.000-07:00</published><updated>2011-04-02T10:10:22.583-07:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="forex education"/><category scheme="http://www.blogger.com/atom/ns#" term="forex trading"/><title type='text'>Forex Education - Why Buying Low Selling High is Not the Best Strategy For Profits</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;&lt;div style=&quot;text-align: justify;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEieHc5UPWVgOK0JzqugP1AM6ejS4rZ4szTdwmrg7ERP70JgmVV1C2FMh3sGyHz8qeqUTZRNMmoFDDpkOSEPielRYK71ybE14UvslXx6b0fUyqyw97fOFxwqASQ6tEavHBwZ1XN1H7wB1fI/s1600-h/_44191664_traders_afp.jpg&quot; onblur=&quot;try {parent.deselectBloggerImageGracefully();} catch(e) {}&quot;&gt;&lt;img alt=&quot;&quot; border=&quot;0&quot; id=&quot;BLOGGER_PHOTO_ID_5233714307476222274&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEieHc5UPWVgOK0JzqugP1AM6ejS4rZ4szTdwmrg7ERP70JgmVV1C2FMh3sGyHz8qeqUTZRNMmoFDDpkOSEPielRYK71ybE14UvslXx6b0fUyqyw97fOFxwqASQ6tEavHBwZ1XN1H7wB1fI/s400/_44191664_traders_afp.jpg&quot; style=&quot;cursor: pointer; display: block; margin: 0px auto 10px; text-align: center;&quot; /&gt;&lt;/a&gt;How often do I see vendors telling you that you can pick market tops and bottoms in &lt;span style=&quot;font-weight: bold;&quot;&gt;forex&lt;/span&gt; &lt;span style=&quot;font-weight: bold;&quot;&gt;trading&lt;/span&gt;? All the time and they tell you that you can do it with accuracy - but its rubbish - you can&#39;t. If you want to make money there is a better way than trying to predict and that is the subject of this article...&lt;br /&gt;
&lt;a name=&#39;more&#39;&gt;&lt;/a&gt;&lt;br /&gt;
&lt;div style=&quot;text-align: center;&quot;&gt;When I was a broker, there was a saying I learned, can&#39;t remember who said it but it&#39;s very apt: &lt;br /&gt;
&lt;blockquote&gt;&quot;A bottom picker will become a cotton picker&quot; &lt;/blockquote&gt;&lt;br /&gt;
&lt;/div&gt;It&#39;s true - if you try and predict market tops and bottoms, you will get hammered and lose your equity. I know there are lots pf people telling you that you can predict markets in advance but you can&#39;t. There is no scientific theory of market movement as many claim and this is obvious, due to the fact that - if there were, we would all know the price in advance and there would be no market. Prediction is another word for hoping and guessing and that won&#39;t get you far in life and certainly not in forex trading.&lt;br /&gt;
&lt;center&gt;&lt;br /&gt;
&lt;script type=&quot;text/javascript&quot;&gt;
&lt;!--
google_ad_client = &quot;pub-9247524299858021&quot;;
/* 468x60, создано 22.03.11 */
google_ad_slot = &quot;2203657378&quot;;
google_ad_width = 468;
google_ad_height = 60;
//--&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;script src=&quot;http://pagead2.googlesyndication.com/pagead/show_ads.js&quot; type=&quot;text/javascript&quot;&gt;
&lt;/script&gt;&lt;br /&gt;
&lt;/center&gt;&lt;br /&gt;
&lt;span style=&quot;font-style: italic;&quot;&gt;So how should you trade?&lt;/span&gt;In&lt;span style=&quot;font-weight: bold;&quot;&gt; forex&lt;/span&gt; you should always wait for a high to be confirmed before trading the short side and the reverse when looking for a market to rise. For this you need to look at shifts in price momentum and use momentum oscillators. If you don&#39;t know what they are its time to make them part of your essential forex education! We have covered them in our other articles - but a great one to use is the stochastic; it&#39;s visual and will take you about 15 minutes to learn, so check it out. Sure you miss the exact top or bottom but as you can&#39;t predict that anyway that&#39;s no problem. Your aim is to make money and not look for pinpoint market accuracy with your trading signals. Keep in mind; if you caught 70% of every major trend you would be very rich. The real way to catch the best trends is to keep this in mind: &lt;span style=&quot;font-style: italic;&quot;&gt;Buy high and sell higher&lt;/span&gt;.&lt;br /&gt;
It&#39;s a fact that most big trends start from new market highs and by buying these breakouts, you have the odds on your side and can make the best profits. Most traders hate doing this, because they think they have missed a bit of the move and don&#39;t enter, they wait for the pullback but the trade carry&#39;s on, piles up thousands in profit and there left out - don&#39;t make the same mistake, when a high odds breakout occurs go with it. &lt;br /&gt;
&lt;span style=&quot;font-style: italic;&quot;&gt;Buying breakouts&lt;/span&gt; is one of the simplest and best ways to make profits in forex trading and will put you on the right side of every major trending move. As you can gather from the above, pinpoint accuracy and prediction doesn&#39;t work in forex however, that doesn&#39;t mean you can&#39;t get the odds on your side and make a lot of money, you can and enjoy forex trading success. NEW! 2 X FREE ESSENTIAL TRADER PDFS ESSENTIAL FOREX TRADING COURSE&lt;/div&gt;&lt;span name=&quot;KonaFilter&quot;&gt;&lt;span name=&quot;KonaFilter&quot;&gt;&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;
&lt;h1&gt;&lt;span name=&quot;KonaFilter&quot;&gt;&lt;span name=&quot;KonaFilter&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;color: #033d72; font-family: &#39;Lucida Sans&#39;, arial; font-size: 19px; letter-spacing: -1px;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/trading-plan-content.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;Trading Plan Content&lt;/a&gt;&lt;/span&gt;&lt;/h1&gt;&lt;div&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;font-family: Trebuchet, &#39;Trebuchet MS&#39;, Arial, sans-serif; font-size: 14px;&quot;&gt;&lt;/span&gt;&lt;br /&gt;
&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;font-family: Trebuchet, &#39;Trebuchet MS&#39;, Arial, sans-serif; font-size: 14px;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/money-management.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;Money Management&lt;/a&gt;&lt;/span&gt;&lt;/h3&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;font-family: Trebuchet, &#39;Trebuchet MS&#39;, Arial, sans-serif; font-size: 14px;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/2-basics-of-charting.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;The Basics of Charting&lt;/a&gt;&lt;/span&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div&gt;&lt;h3 class=&quot;post-title&quot; style=&quot;color: #033d72; font: normal normal bold 14pt/normal &#39;Lucida Sans&#39;, arial; letter-spacing: -1px; margin-bottom: 14px; margin-left: 20px; margin-right: 0px; margin-top: 3px; padding-bottom: 5px; text-align: left;&quot;&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;font-family: Trebuchet, &#39;Trebuchet MS&#39;, Arial, sans-serif; font-size: 14px;&quot;&gt;&lt;a href=&quot;http://forexcontent.blogspot.com/2011/03/forex-marvel-trader.html&quot; style=&quot;color: #033d72; margin-bottom: 3px; margin-left: 20px; margin-right: 0px; margin-top: 3px; text-decoration: none;&quot;&gt;Forex Marvel Trader&lt;/a&gt;&lt;/span&gt;&lt;/h3&gt;&lt;/div&gt;&lt;div&gt;&lt;span class=&quot;Apple-style-span&quot; style=&quot;font-family: Trebuchet, &#39;Trebuchet MS&#39;, Arial, sans-serif; font-size: 14px;&quot;&gt;&lt;br /&gt;
&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;h1&gt;&lt;span name=&quot;KonaFilter&quot;&gt;&lt;span name=&quot;KonaFilter&quot;&gt;&lt;/span&gt;&lt;/span&gt;&amp;nbsp;&lt;/h1&gt;&lt;h1 align=&quot;center&quot;&gt;&lt;/h1&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://forexcontent.blogspot.com/feeds/3995993287302531388/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment/fullpage/post/1123927182721813494/3995993287302531388' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/3995993287302531388'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1123927182721813494/posts/default/3995993287302531388'/><link rel='alternate' type='text/html' href='http://forexcontent.blogspot.com/2008/08/forex-education-why-buying-low-selling.html' title='Forex Education - Why Buying Low Selling High is Not the Best Strategy For Profits'/><author><name>ForexDenis</name><uri>http://www.blogger.com/profile/16143291528569618531</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEieHc5UPWVgOK0JzqugP1AM6ejS4rZ4szTdwmrg7ERP70JgmVV1C2FMh3sGyHz8qeqUTZRNMmoFDDpkOSEPielRYK71ybE14UvslXx6b0fUyqyw97fOFxwqASQ6tEavHBwZ1XN1H7wB1fI/s72-c/_44191664_traders_afp.jpg" height="72" width="72"/><thr:total>0</thr:total></entry></feed>