Posted by forexiq on April 15, 2010
I started to adapt the systems with my onw rules. The biggest advantage of the Sidus method is that it is not necessary for adding extra filters. Whipsaws will occor, but less frequent. This system made my trading very profitable as it easy to understand, easy to implement and easy tofind the right entry-points. What [...]
Posted by forexiq on April 15, 2010
Weekly Forex Scalping Strategy Weekly forex scalping system is very simple. Create a weekly chart on your forex chart. Place trades 50 PIPS above or below the close for the previous week. Use 30 PIP trailing stops. No profit targets. Let the trade run for the entire week and close during the final 30 minutes [...]
Posted by forexiq on April 15, 2010
This is a simple one that I have found from forexfactory forum, it seem good system to try Setting : Simple Moving Average (SMA) 100 Damiani Volatmeter 10,60,1.4 (download Damiani volatmeter here) MACD – 15,26,9 4 hour chart Pairs EURCHF (it has a medium level volatility and it does not get trapped between news, though it [...]
Posted by forexiq on April 15, 2010
Open up a line chart with average price on your ONE HOUR chart. Be sure to pick a color you like?! Try and make the zoom pretty far out so you won’t be so distracted by the noise. What you want to look for are MAJOR peaks and valleys. What determines a “major” peak or [...]
Posted by forexiq on April 15, 2010
The following trading system is a system based on constricted volatility followed by a breakout which co-insides with pivot points. Indicators used: Bollinger bands with MA of 18 and deviations of 2 through to 4.2 incrementing by 0.2 Bands 2 – 2.4 Purple Bands 2.6 – 3 Pink Bands 3.2 – 3.6 Red Bands 3.8 [...]
Posted by forexiq on April 15, 2010
The author of this forex system said this forex strategy has given him consistently profit from forex trading. It was interested because the forex system could potentially result 100 – 800 pips per trade on daily chart. Let us see his system; Setup: * Open up a daily chart on EUR/JPY. * Apply Bill Willam’s [...]
Posted by forexiq on April 15, 2010
Forex Moneymaker System is a trend following system. The Key components are 4 Indicators. 1. Heikin-Ashi : Visual Confirmation of A Trend or Consolidation. Confirms also when market is in a Range. 2. Stochastic & EMA34 : Indicates market momentum. 3. Aroon: Confirms Trend. 4. ATR : Indicates current market volume. This system getting around [...]
Posted by forexiq on April 15, 2010
Every trader should know how to plot the Fibonacci retracement and projection with ease. However, not everyone who knows how to calculate the Fibonacci levels knows how to trade under real market condition. To trade the Fibonacci retracements and projections effectively, a trader must also understand the price action of the forex market. And using [...]
Posted by forexiq on April 15, 2010
Braydensgrail is a unique, method for trading on the Forex Market. It is not a scalping method. It is the result of many years of trial and error and research and common-sense investing strategies (i.e., online trading, participating in forum discussions and signal alert sites; and testing EA’s. The concept is aimed at profiting from [...]