Very simple strategy how to get more profits - Forex Mystery

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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