Strong Trending Strategy - ForexTradingEmpire

How to spot a STRONG TRENDING currency pair and get in at right entry?

"Trend is Your Friend... Just Follow The Trend!"


But what's the main KEY to succeed is Spotting Such Strong Trend  

Use 2 EMA to help with the tasks namely ......

 200 EMA   ( Turquoise )

 30 EMA  ( White )

And all the charts we would be using are the DAILY time frame ONLY...

Next select right currency pair:

If EUR/USD is in a very Strong DOWN-Trend.....

At the same time..... the USD/CAD is in a Very Strong DOWN-TREND AS WELL....!

if You put the EUR/CAD together ?

EUR/CAD would be in a very ( very STRONG ) DOWN-TREND too

 plot the 2 EMAS ( 200 and 30 ) on it to see how steep are the 2 lines.

So making sure that it is giving You a Good RISK/REWARD ratio is definitely essential here..

And of course...in order to reduce Your risk to a minimum......it would be good to enter into a position after the market has retraced to at least the 50% level or slightly more at 61.8%...

Complete detail file can be downloaded at:

http://www.meetup.com/Singapore-FOREX-Group


http://files.meetup.com/1777129/Strong%20TREND%20Strategy%20ForexTradingEmpire.docx

FX Christmas Strategy

Forex Christmas Strategy - happens only once a year during Christmas!

Step1:  Only EUR-USD currency pair

Step2:  Identify uptrend channel

Step3:  Ready to enter long at near channel bottom

Long EUR_USD before Christmas close or just after Christmas opening at Japan trading hour and exit around Profit Target around 30 - 60 pips.

The complete file can be downloaded at meetup members area:
http://www.meetup.com/Singapore-FOREX-Group/

http://files.meetup.com/1777129/The100AccuracyChristmasFXStrategy.pdf




Trading record from Year 2004 to 2011:

Year 2009

 Year 2008

Year 2007

 
 Year 2006

 
Year 2005

 
Year 2004

Rules and Conditions:

The complete file can be downloaded at meetup members area:
http://www.meetup.com/Singapore-FOREX-Group/

http://files.meetup.com/1777129/The100AccuracyChristmasFXStrategy.pdf


From James Williams  PipsProfitModel.com

High Probability Forex Price Pattern - ForexTradingEmpire

File can be downloaded at:
http://www.meetup.com/Singapore-FOREX-Group/
http://files.meetup.com/1777129/High_Probability.pdf

#1  Breakout After a "Sideway" Movements

#2  Continuation of Trend (After Taking a Break)

#3  Double Top Formation  (Get Ready To Sell)

#4  Double Bottom Formation (Get Ready To Buy)

#5  Bullish Flag (Uptrend Continuation)

#6  Bearish Flag (Downtrend Continuation)

#7  Symmetry Triangle Breakout  (Trend Continuation or Reversal 50/50)

#8  Head and Shoulder Formation (Get Ready to Sell when Support Broken)

#9  Triple Bottom or Inverse Head & Shoulders (Get Ready to Buy when Resistance Broken)

By spending 15-20 minutes a day scanning the chart for these 9 pattern setup will be good enough for Trade for Living.

Train your eyes to filter off the FAKE breakout ones. Practise Makes Perfect.

Simple Breakout System - DayTradeForex

http://daytradeforex.com/cb/affbss/Breakout-Simple-System.html

US 87 instead of RPP US287.

The Easy Forex Breakout Trend Trading Simple System

 

is a very simple manual system that uses indicators based on color and a special volatility window that gives you buy and sell triggers based on the force of the price action.

It works on all timeframes and performs extremely well with very few whipsaw trades.

You'll be entering new trades based on two volatility indicators
THAT COINCIDE PERFECTLY WITH OTHER COLOR-COORDINATED INDICATORS,
a suite of indicators that make it easy to spot entries and exits using color and volatility.

 Finding the trade entries is a breeze because you'll be using color to trade with...price bars are green for uptrend, purple for downtrend...and the other indicators use the same color coding of aqua blue for buy signals and hot pink for sell signals..... so you don't have to analyze anything....just trade according to color. 

You even get a color signal to exit your trades:  a blue dot appears when a short  trend is exhausted and it's time to exit....and a red dot appears when a long  trend is exhausted and it's time to exit.

You can use the Breakout Simple System on multiple currency pairs with the special MT4 indicators that I give you, already loaded onto a  Breakout Simple System template.

Breakouts are easy to spot in any timeframe and you have the choice of using a conservative or an aggressive entry style....both are taught with lots of videos to explain the strategies and indicators.

Proven Price Action Strategy - ForexTradingEmpire

Also available in Meetup memebers download area:
http://www.meetup.com/Singapore-FOREX-Group/
http://files.meetup.com/1777129/massivetrendreport.pdf


1.  Price drop to 50% - 61.8% Fibonacci level on Daily Time frame.

3.

2. Drill down to H4 - look for "Reversal PinBar"

3.  50% FIBO level and Reversal Pinbar coincide with previous Support/Resistance level

Once the 3 levels "Confluence" confirm is likely a HIGH Profitability Set-up for Up Trend to RESUME.

Bear in mind forex trading is just a Probability game.

To increase the winning probability - Stop loss and Risk/Reward

4.  Set StopLoss below Pinbar

5. Set Profit Target and check Risk-Reward ratio
    TP 1 at Resistance/Support level on Daily chart

    TP2 - tailing stop at breakeven and FIBO extension level

Time Frame for TP1 to achive for this example is 9 trading days with 180 pips.
p/s:  2 trading days profit +150 pips.

Before reaching TP2 next few days market in narrow range - "consolidation", waiting for "Breakout" to TP2 profit +280 pips.

Bradley Turn Dates 2012

http://forbestadvice.com/Money/Gurus/DonaldBradley/BradleyTurnDates2012.html

Words of Wisdom

Law of Opposites

My first millionaire mentor said, "Jamie, to be successful, find out what most people are doing and then do the exact opposite." (i.e., head in the opposite direction)

"Even if you have no idea what you're doing, at least you'll be heading in the right direction because", he said, "Most people don't succeed. And the reason they don't succeed is because they don't take action. And even if they do, it's the same thing as what everyone else is doing.

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Every king was once a crying baby, every great building was once a blueprint. It's not about where you are today, but about where you'll reach tomorrow.   - The wise said

There are times when playing the stock mar­ket that your money should be inactive - waiting on the sidelines in cash - waiting to come into play.

In the stockmarket - time is not money - time is time ­and money is money.

Often money that is just sitting can later be moved into the right situation at the right time and make a vast fortune – patience – patience.

Patience is the key to success not speed.
Time is a cunning speculator's best friend if he uses it right.

Remember the clever speculator is always patient and has a reserve of cash.   -  Jesse Livermore

"There are bold traders, there are old traders, but there are NO bold and old traders

If it is too good to be true, then it is NOT TRUE."     Teguh Pranoto Chen


A bird does not sing because it has an answer. It sings because it has a song.  Chinese Proverb


Be not afraid of growing slowly; be afraid only of standing still.             Chinese Proverb


You only need a few ideas to be fabulously wealthy

It is okay to be wrong, but not okay to stay wrong. - Alexander Elders

Success not by chosen few but chosen by a few who make an effort to choose it.

Knowledge is the foundation for financial capital - www.rankbooks.com

"Everybody Gets What They Want Out Of The Market" - Ed Seykota

No matter how great your software is, no matter how long you've been trading, no matter how much money you have, if you don't conquer fear and greed, you'll never be a consistently-profitable trader.