Learn secrets of the most successful Fibonacci traders - forex news trading ea

Learn secrets of the most successful Fibonacci traders ~ forex news trading ea

Bank Big Profits When You Arm Yourself With a 5,000 Year-Old Secret Weapon to Pinpoint Key Market Turning Points With the Skill of a Military Marksman!"

No, its not some metaphysical mumbo-jumbo. And its not some mathematical equation that requires the I.Q. of a rocket scientist, either.

Its real. Its easy. And its possible, whether youre a newbie or a seasoned trader. You may have heard of this ageless formula before, too. Its the "Fibonacci Formula".

But before you say "Sure, I know it," wait a moment ...

... Because its not like what youve heard before! I guarantee youve never seen anything like this.

Imagine learning the skills, savvy and secrets of some of the most successful Fibonacci traders on the planet.

Better yet, imagine learning it all with such ease, speed and accuracy, you can predict key market ups and downs with laser-guided precision as fast as just in a few hours!

How?

With 12 power-packed, step-by-step video tutorials (thats several hours worth of training!), all on one, single CD.

You just pop it into your computer, sit back and watch. In fact, learn today, and you can be making cruise-controlled, Fibonacci-based trades as early as TOMORROW!

You learn all the Fibonacci Secrets in a way thats so simple, even a teenager can do it! Its Fibonacci made easy.

There are so many examples, tips, tricks, insights, rules and secrets that your head will be buzzing with new ideas and anticipation of making your first Fibonacci trades!

This is an INCREDIBLE resource thats filled with not just videos but also with guides, software and even an actual video footage of a Fibonacci-based day trade in the Emini S&P ...

... Done right right before your very eyes!

Its an entire "encyclopedia" of Fibonacci wisdom.

But if youre skeptical, let me explain.

You see, the Fibonacci Formula is not a secret in itself. Its in its specific and proper application that is. Only a handful of traders know how to properly read Fibonacci.

You need to read Fibonacci levels correctly. If not, you can make some serious errors that can cost you BIG TIME.

PLUS, youll also discover the only 2 indicators youll ever need to use to properly trade from Fibonacci levels...

... In both bear and bull markets ...
... On intraday charts or daily charts ...
... In stocks as well as futures, commodities and forex.

Check out this amazing resource by clicking this link.

Stan

Technorati tags: Forex, forex trading, Fibonacci, Fibonacci levels, Fibonacci formula
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Why every forex trader should avoid love at first sight with a forex broker - forex news trading broker

Why every forex trader should avoid love at first sight with a forex broker ~ forex news trading broker

A few unscrupulous forex brokers have given the forex market a bad name and ruined the chances of traders hoping to trade forex successfully.

Read more »

How to Be a Successful Forex Trader Just Follow Some Success Tips - forex trading classes london

How to Be a Successful Forex Trader Just Follow Some Success Tips ~ forex trading classes london

Exploring Key of Success in Forex Trading

Forex Trading now being very much popular world wide. Millions traders doing hard work from Monday to Friday to get some pips  from their trades. But survey showing maximum traders lost all their  balance in this very risky market . But on the back side , it is also fact , many others doing very well job and they easily earn huge profits just by spending some hours on this platform.

Now the question arise , why some traders loss all their wallet balance and on the coin side why some other traders earn big .
After broad discussion with many successful traders we explore some truths and logic. To be a successful trader , you should follow some basic fundamentals. Few are them given below .......
1. Traders should psychologically prepare your self that forex is a very much risky platform and traders may loss all their single penny just by doing a mistake.
2. Traders should follow World Economic News, Trends.
3. Money Management also a very big requirement. Traders should set his/her mind that how much profits or loss can accumulate in a single trade. ( may be 5-10% profit or 5-10% loss )

4. Work with few currency pairs. it maximum 4 .
5. Imply a discipline trading hours.
6. Abolish Greedy thinking from your brain. If your Set day target achieved in a single trade, just exit from terminal. Survey showing that many traders loss all their money just because of greed.
7. Follow good technical charts.
8. Lastly , if you seen all your traders going to loss for a week , you just take a rest from your trade for next week . And watch market .

If you have any other Tips , please share with us by using comment section. Wish you all the best. Happy Trading.

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The different ways that the market treats the many types of forex traders - forex trading singapore demo account

The different ways that the market treats the many types of forex traders ~ forex trading singapore demo account

A child plays with fire without the fear of getting burnt. It is only after realizing how hot the fire is that the play stops. As a forex trader you should not be playing with the markets without understanding the degree of its heat. Attempting to do that is like a bird attempting to fly so close to the sun just to see what becomes of it. Its feathers will be burnt out and it will roll down like a stone. Forex trading by and large is about analyzing beforehand the consequences of a trade you intend to execute.

Face the markets with a sense of consequence. The possibility that you will lose everything if you are not careful is never remote. Being careful in this case does not mean sitting on that plastic chair watching your monitor and how the trade works out. As traders the market is a fire that we must interact with. We do not enjoy the luxury of the child who could be confined to a place without fire and grow up without any scars. The only advantage is that in the forex sphere the nature of the burns we suffer can be limited through our habits as traders.

Some forex traders suffer death occasioning burns. These are deadly burns caused about by an account that is wiped out through a single mistake on a single trade. Such traders never recover from their burns and the end result is normally a painful death with blame directed at the forex broker. There are signs that your account is about to suffer such death causing burns-you do not trade your set up which basically translates to you overtrading or probably guessing market directions; or you do not use protective measures such as the trailing stop or the stop loss.

There are some forex traders that suffer mild burns in their accounts. These are the traders who even though they employ their strategies and trade their set ups, they still constantly sabotage the whole trade by using unrealistic stops so that they are constantly locked out of a trade very early in the day and never enjoy the benefits of a long move. Such forex traders are also constantly in doubt about the efficacy of their trade set ups and often enter the trade when the move is almost reversing around. The fear of pressing the enter button holds them captive and by the time of their release the good trade has already left their precinct. The problem with this group is that a series of profits is easily wiped out by a series of losses so that their trading life is always stagnant. Such forex traders accounts tend to suffer a slow but painful death.

Then there are those forex traders who suffer less threatening burns. These are traders who have mastered the markets and know the when, where and how of the market. They have unearthed the beauty of waiting for the right time and always keep to a particular pre determined risk. When they get burnt by the market, the consequence is never dire and within a week or two they are back to their feet and trading for profits once again. You may think that as traders they have a dozen lives but the truth is that these traders have only one life. What keeps them going is simple; they have developed a sixth sense that alerts them of the possibility of being check mated long before they press the enter button for any trade. They understand the consequence and therefore trade carefully. 
If you belong to that first category I may as well spell your destiny as a forex trader; you will end up mourning for your lost capital and wishing you had never interacted with the markets. If you fall in the second category, learn to eradicate self doubt and emotion from yourself. Mastering the markets without mastering yourself is equal to making one step forward and two steps back. Rejoice and be exceedingly glad if you belong to the third category; the forex sphere will be the sweet water well in a desert that never runs dry. The greatest part of all these is that you can choose where to belong.

You do not need huge capital to start trading. Open a trading account with NORDfx and trade both forex and binary options for only 10 dollars. 

------------------------------
Call us today on 0725 050 419 for the best forex trading orientation.

Related Articles
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The Mindset of a successful trader - quantina forex news trader ea 2015

The Mindset of a successful trader ~ quantina forex news trader ea 2015

THE MINDSET OF A SUCCESSFUL TRADER!
For those of us who have been following this thread for quite a while, you should have by now been in a position where you take trades with confidence. That notwithstanding, I will today discuss the following specific steps on how to think and act to develop the mindset of a successful forex trader for ease of reference:

Step 1: Trade the Masterchart. It should be your No. 1 guide. The levels on the Masterchats I posted here are products of extensive research. What is happening in the forex market is that series of bad/good news (fundamental), manipulation/greed by the big players and most times fear/panic will always push the price from one support/resistance level to another. The truth of the matter is that the world economy generally is in shambles that is you will constantly see series of bad economic news followed by some good news resulting in “bull+bear+bull+bear” usually repeated over and over again.

Step 2: Trade in the direction of the weekly chart: The most reliable direction in the forex is the direction of the weekly. If the weekly is in a bear/bull mode it could stay that way for 4-10 weeks. Read the post on understanding trend to better understand this.

Step 3: The best trading opportunities are in the weekly: To increase your chance of success, sell only the top of nN, mM and buy around the base of V, U and W on the weekly charts. To identify these level signs, open a weekly chart, look closely and you will begin to recognize them. This simple trick will make your trade live a lot easier. I will begin to post this signs here

Step 4: Use money management: Use my recommended money management lots/account size ratio as follows:

0.01 lot for $1000 Trading account (max of 5 open trades at the same time)
0.10 lots for $10000 trading account (max of 5 open trades at the same time trades), etc

If you gather more experience or make money regularly, you can gradually increase your lot sizes or open trade to double the recommended lot sizes.

Go through the early part of this thread for a better understanding of my views of money management.

Step 5: Trade 1000+ Pips circle. Read and understand the 1000 pips price actions analysis. For the major pairs from the pin of a weekly candle expect 1000 and more before any major reversal. If the destination of 1000 pips PAA is closer to a major support/resistance on the master chart anticipate a touch of that level. Identifies expected levels in advance and you only monitor price reaction around such areas.

Step 6: Avoid think in terms of pips. Avoid thinking in terms of pips but in terms of actual currencies e.g. cent, pence, etc. If you think this you will avoid the graveyard of most forex traders (i.e. chasing low pips (5-100). If you think in terms of currency you will realize that a move 1000 pips move by GBPUSD move from 1.54000 to 1.64000 is a mere 10 cents. Further a 1000 pips move on GPBJPY from 130 to 120 is a merely 10 yen.

Step 7: Use H4 50 Pips Price Action Analysis. Utilise on price movement on H4 candles within 50 pips range to determine where to enter a trade. If you do this you will realize that you can have up 16 hours and more to enter a trade. Trading this way you do not need to sit in monitor your chart endlessly to get trading opportunity. In the worst case scenario you only need to check the chart every 4 hours.

Step 8: Enter trades using only M15 trade-friendly chart: When the price get to your desired areas on the higher time, enter your trades at the best discount by using M15 on a trade-friendly chart. If you need further explanation read most posting about creating a trade-friendly chart.

Step 9: Understanding the importance of 50 point level on RSI: 50 point level on RSI on your trade-friendly chart is usually an area where price normally stalls, changes direction or continues on any time frame.

Step 10: Set concrete zone on H4 chart: Price usually trade for most currency within 250-400 pips over a period of time within a concrete zone. The concrete zone is a good guide on where to place stop losses. Place stop losses slightly above the concrete zone for your sell and slightly below for your buy. Read my previous postings on concrete zone for better understanding of the concrete zones.

Step 11: Take profit at pre-determined level: Set your take profit at pre-determined points depending on your expected returns. If you are trading the weekly chart anything less than 200 pips is a waste of efforts. You should be aiming for 200 pips and above.

I attach the monthly and weekly charts for a better understanding of the above analysis
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How To Become A Successful Forex Trader - forex news trading deviation

How To Become A Successful Forex Trader ~ forex news trading deviation

What are the four ingredients in the recipe for forex trading success?

Ovidiu Garvasuc explains that in his article "The 4 Wheels That Take A Forex Trader To Success". According to Ovidiu, the most important requirements in order to be a succesful forex trader is not the knowledge of complicated technical indicators and proficiency at using them. Much more important are certain character traits, such as:

• will
• discipine
• self-control
• honesty

The most important piece of advice from Ovidiu - dont argue with the market... "Arguing with the market is very expensive. If the market is right and you are wrong it costs you money, and remember what I said about when the market is right?A L W A Y S...so..be honest: If you are not making profits the system should be improved."

Read more about what you need to be a successful forex trader.

Stan Hill
Technorati tags: forex, forex trading, forex system, forex strategy


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100 Pips Price Action Analysis 100 PPAA - quantina forex news trader ea 2015 ultimate v3.1

100 Pips Price Action Analysis 100 PPAA ~ quantina forex news trader ea 2015 ultimate v3.1

100 Pips Price Action Analysis (100 PPAA)

I was unable to post to this blog for sometime because I lost the password.  I have recently, recovered the password and will be post more regularly.  Today, I will share my analysis on 100 PPAA within the Masterchart. 100 PPAA and 200 PPAA are the analyses price action within the Masterchart levels using 100 pips and 200 pips price movement respectively. Here is exactly what to do:

100 PPAA - Day Traders
1. Divide your Masterchart into 10 equal parts of 100 pips each

2. For Day traders you will trade in the direction of the weekly candle at the break of every 100 pips. Your trading range is 100 pips and pick whatever pips you are able to within this range using H4 candles as a guide. If the trend is strong on H4 candles you can allow your profit to run if you are able to monitor the trade

3. Most of the time price completes 500 pips move before any significant retrace. The first 500 pips is what you should concentrate on.

4. For your stop loss keep it at any ratio you are comfortable with but not more that 2% of your account.

100 PPAA - Medium/Long Term Traders

1. Divide your Masterchart into 10 equal parts of 100 pips each

2. Your trading range 1000 pips

3. Use the 100 PPAA to determine your Risk/Reward Ratio which is 9:1. What this means is that you look for buy/sell after in the last 100 pips of 1000 pips price movement, which is your entry zone.

4.To enter a trade you search for pins of the weekly candles within this zone or a weekly reversal candle (reversal candle is the first weekly bearish or bullish candle after about 900-1000 pips price movement).

5. Most of the time price completes 500 pips moves before any significant retrace. The first 500 pips is what you should concentrate on.

6. With Risk/Reward ratio of 9:1 you put your SL for sell within the next buy zone (after 1000 pips) and your SL for buy within the next sell zone (after 1000 pips) provided this is within 2% of your trading account.

I attach herewith the GBPUSD charts in support of the above analysis.
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ANALYSIS - free forex news trader ea

ANALYSIS ~ free forex news trader ea

GBPUSD MPAA - The best time to begin to look for short is between April- June (Wait) 1000 PPAA: 1.6270-1.630 is the place to short (wait) Weekly - The weekly candle has been consolidating since Jan. 29. The valid weekly pins were pins were given on the 2nd & 26th of February Daily Trade Friendly Chart: - The sell signal was given on the 1st and 8th of February EURUSD MPAA - The best time to begin to look for short is between April- June (Wait) 1000 PPAA: 1.3600-1.3630 is the place to short (wait) Weekly - The weekly candle has been bouncing between 1.300 - 1.3500 for about 5 weeks. The valid weekly pin was given on 19th February. Daily Trade Friendly Chart: - The sell signal was given on 24th of February GBPJPY MPAA - The best time to begin to look for short is between April-June (Wait) 1000 PPAA: 130-133 is the place to short - 135 is the round figure (wait) Weekly - There is no pin on weekly candle yet, where this week candle closes will determine whether we will have a pin at 133.48 (Wait) Daily Trade Friendly Chart: - The sell signal was given on 16th of March 133.48 My parameters for trading The general guide on these parameters is available on the mindset of a successful trader. What I will provide here are the practical elements of the mindset. Trading should be guided by clear parameters. If these parameter are not met, there is no point entering a trading. Here are my trading parameters now in the order of priority: 1. Monthly Price Action Analysis (MPAA) - There are clear months for long and clear months for short. Read my posting on MPAA to understand this circle 2. 1000 Pips Price Action Analysus (PPAA) - Major players trade 1000 pips. For short term trades divide the 1000 pips into 4 equal parts of 250 pips. You can begin to look for long in the first 250 pips and long in the last 250 pips. Personally I prefer the first 150 pips and the last 150 pips. For the Yen pairs extend the 1000 pips to between 1300-1500. 3. Trade Weekly pins - If there are not signals in the first and second parameter, the weekly pins (topmost and bottoms) will give you clear signals concrete zones. Concrete zones could be between 300 to 500 pips. You short as close as possible to the top of the concrete zone and buy as close as possible to the bottom of the zone. Pins after about 3-4 weekly candles are most reliable. 4. Daily Trade Friendly chart: If there is no signal on MPAA and 1000 PPAA and you want to trade for 200 pips or less check the daily trade friendly chart, a touch of the red zone is a good signal to sell, while a touch of the yellow zone is a reliable signal for buy. It is usually more profitable to trade in the direction of the weekly. If you sell when the trend is up on the weekly chart, take profit on the touch of 50 points on the daily RSI. If you buy when the trend is still down on the weekly take profit on the touch of 50 Points on daily RSI 5. 50 Pips Price Action Analysis: No matter the parameters you are using go to 50PPAA to actually place trades, that way you gets trades at the best discount. I attach some charts, but will find time and attach more later.
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