Very simple strategy how to get more profits - Forex Mystery - 2015
Table Of Contents
Chapter I: Candlesticks and the mass psychology
I.1. Market psychology
3
Once a trader becomes familiar with candlestick
charting, he can get a quick and highly visual signal because of the
story candlesticks tell. The psychology of the market results in simple
patterns we can read.
I.2. Candlestick signal reliability
3
Reliable candlestick patterns can predict market reversals – either minor corrections, or full trend reversals.
Chapter II: Candlestick Pattern Recognizer
II.1. Chart set-up
4
Prepare your chart.
II.2. Indicator set-up
4
Fully customizable Candlestick Patten Recognizer with its options makes your trading comfortable.
Chapter III: Pin-ball strategy
9
You must have noticed that the markets tend to
range more than they trend. In fact, the markets range about 70% of the
time. Fortunately, the Forex market is uniquely suited to accommodate
both styles, providing trend and range traders with opportunities for
profit. A definite plan about where to enter, where to place Stop Loss
and where to exit.
Chapter IV: Trend following strategy
16
As opposed to the Pin-ball strategy, we don't
look for quick and small profits here. We catch the trend and ride,
making a large profit in a single trade. Thousands of pips on daily
trends. A definite plan about where to enter, where to place Stop Loss
and where to exit.
Chapter V: Confident trades
V.1. Strong signals
22
This way we have predicted the big fall on
EUR/JPY. While most traders were buying because they believed that the
uptrend has finally recovered, we sold with confidence using a tight
Stop Loss. How?!
V.2. Where to exit?
26
If you cut the profits too soon, the big move with profit potential is missed. Now, here is the solution.
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