One of the Easiest and Most Profitable Strategies to Trade Forex That You May not Know
Its not a joke that forex trading is one of the easiest ways to make HUGE profit online.
Is the largest financial market in the world, with a turnover volume of about $2 trillion a day.A forex trader is like a cameleon; he has no permanent side but permanent interest and that is to make profits.Success has been limited to a very small percentage of traders.Ninety percent of traders lose money, largely due to lack of planning, impatience,limited training,no good strategies or too much confusing robots or overcrowed templates.This article will reveal some of our simple but powerful strategies used to have between 200-1500 pips per each trade on each currency pair.we trade specially between 1HR TF and weekly TF as day traders or intraday traders but still have other very simple methods to scalp the market.
1.In technical trading, we say “the trend is your friend’, so always go with the trend.how do you determine your trend very fast? use the powerful CCI settings that picks easily on the movement of trend up to 80% accuracy either as a scalper or day trading.
2. The use of another powerful trend determiner ,PSAR found on most platforms.Many people dont know the power of this indicator. With the combination of other powerful softwares and custom indicators,it is a winning trade.
3. the power of LSMA with alarm generator that tells you accurately when you should prepare to buy or sell.I know many traders that use this with price action to make huge profits in forex. Many programmers have developed many accurate linear LSMA ,without repainting.this is a very boost to generate accurate signal and trend and also makes your platform to look simple.
4.what of AC/AO. This is another powerful indicators that many ignores,this protects your trading from loss and help to pick signal and trend very fast if you know how to use this very well with other indicators mentioned above.
5.additional indicators that ,with experience, will recommend is turbo cci that works well with cci and PSAR.They make you trade as a guru and sophisticated trader, because they reduce your loss if you know how to implement them.
6.Personally, i dont trade with the robot.robot performance depend on the progrmmers experience in forex trading.so if you dont trust the source, stay off or else you can blow your account away easily.
7.Millions of pips are generated up and down on the platform every week.wait for your time and stick to the rule of the game.do not gamble.even when you are loosing,stay aback and see where you miss it. forex is just like a game that needs constant practice.to achieve very tangible results.
7.watch your leverage.
8.The trick is that when you have up to three powerful trend determiner,with the assistance of other indicators,then know that you are moving on the winning side.If you can get all this into action, i promise you that you can sky rocket your account within 3 months.