2013년 12월 3일 화요일

About 'free forex signals best'|Free Forex Signal 02-09-2008







About 'free forex signals best'|Free Forex Signal 02-09-2008








Trading               breakouts               is               one               of               the               most               popular               methods               of               trading               the               forex               markets               with               MT4               trendline               ea               because               it               is               a               market               that               often               trend               very               well               after               a               period               of               consolidation.

Forex               breakout               trading               is               made               easier               if               you               use               mt4               trendline               EA               as               the               trading               tool               to               prepare               the               charts               for               forex               trading.

Breakout               Strategy               With               MT4               Trendline               EA
               Forex               breakout               strategy               is               an               easy               trading               system               to               start               for               beginning               forex               traders.

This               is               because               this               strategy               is               very               easy               to               execute               and               easy               to               identify.

All               you               need               for               breakout               trade               is               to               wait               for               the               market               to               go               into               consolidation               mode,               identify               the               support               and               resistance               line               channels               and               then               wait               for               the               price               to               break-out               of               the               upper               or               lower               channel               line               that               you               drew;               next               you               enter               a               trade               in               the               direction               of               the               breakout.

It               will               take               less               than               10               minutes               to               prepare               the               charts               with               mt4               trendline               ea.
               The               Benefits               Of               Trading               Breakouts               With               MT4               Trendline               EA
               Benefits               of               Trading               Trendline               Breakout:
               1.It               is               an               excellent               opportunity               to               hone               your               basic               trading               skills               like               entering               the               correct               trading               lot               size,               stop               loss               and               take               profit               levels.
               2.This               is               a               simple               forex               strategy               which               does               not               have               complicated               rules               so               this               will               be               an               ideal               strategy               for               beginning               traders.

Most               traders               will               not               be               too               comfortable               trading               strategies               that               require               2               or               more               indicators               and               then               working               with               chart               patterns               to               buy               the               dips               sell               at               the               top               .

Breakout               strategy               on               the               other               hand               is               easier               to               learn.
               3.Trading               strategies               on               breakout               concept               have               certain               rules               in               setting               up               stop               losses.

It               is               very               important               for               new               traders               because               it               helps               to               guide               these               traders               to               the               right               money               management               rules.

Constant               violation               of               money               management               rules               is               the               most               popular               reason               of               failure               in               forex               trading.
               4.It               will               teach               the               traders               to               be               patient               since               in               most               cases               breakout               systems               will               only               happen               after               long               periods               of               consolidations.

During               this               period,               there               may               be               false               breakouts               which               may               attract               traders               to               get               into.

However,               subsequent               false               breakout               will               bring               forth               a               step               closer               to               a               true               breakout.

This               will               require               resilience               after               losing               from               a               false               breakout               to               start               over               again               with               a               fresh               mind               eyeing               for               the               next               trade               opportunity.
               5.These               trading               systems               can               easily               be               automated               by               using               the               mt4               trendline               EA.

Entry               and               exit               rules               can               be               pre-specified               into               such               mt4               trendline               EA.

The               trader               will               need               to               draw               the               channel               with               the               trendline               tool               and               define               the               trend               channel.

After               which,               specified               the               entry               and               exit               conditions               using               the               mt4               trendline               EA.

Finally,               it               is               all               that               is               required               for               the               trader               to               do.

Then,               he               can               leave               all               the               work               to               the               mt4               trendline               EA.

The               EA               will               scan               the               market               for               trade               breakouts.

If               price               breaks               beyond               either               one               of               the               drawn               trendline               (channel               boundary),               a               trade               will               automatically               be               entered.
               Improving               Trading               Performance               With               MT4               Trendline               EA
               Despite               being               quite               a               basic               concept,               it               can               be               a               extremely               profitable               trading               strategy               because               the               price               often               moves               in               a               huge               manner               upwards               or               downwards               after               long               periods               of               consolidation.

Automating               forex               breakout               strategy               with               mt4               trendline               EA               will               be               a               necessary               and               effective               for               the               long-term               breakout               trader.

Certainly,               it               should               improve               his               performance               in               trading               breakout               ensuring               that               he               will               not               miss               potential               breakout               signals               even               if               he               is               not               at               the               computer.
               Warren               Seah
               What               if               you               just               couldn't               trade               forex               effectively               with               a               day               time               job?
               This               method               is               simple               to               pick               up               and               it               automates               most               of               manual               forex               systems.

Yes,               it               can               automate               your               personal               forex               system.

You               can               read               how               to               do               it               in               my               free               report               here:Trendline               Trading
               Don't               give               up               hope,               it's               NOT               impossible.

MT4               Trendline               EA               will               expand               your               trading               capabilities               to               greater               trading               success               learn               more               by               clicking               the               link.






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    About 'forex entry signals'|Forex Signal Providers, Is It Really Profitable







    About 'forex entry signals'|Forex Signal Providers, Is It Really Profitable








                   Trendline               trader               makes               trendlines               you               draw               on               the               chart               alot               more               useful               than               just               a               visual               tool               by               itself.

    Trendlines               are               not               indicators               but               simple               lines               you               draw               up               on               your               currency               chart               to               help               with               forex               technical               analysis.

    When               you               draw               trend               lines,               you               are               providing               yourself               a               visual               picture               of               where               is               the               current               market               and               where               will               it               be               heading               next.

    And               this               serves               as               a               mental               note               assuring               yourself               that               you               are               aware               of               where               the               trend               is               coming               from               and               that               you               are               also               willing               to               follow               it               where               ever               it               chooses               to               go               next.
                   What               is               Trendline               Trader
                   "Trendline               Trader"               as               the               name               connotes               speaks               for               itself.

    It               helps               a               trader               to               identity               possible               pullbacks               on               both               resistance               and               support               levels,               for               the               purpose               of               making               sound               trading               decisions.

    Many               technical               chart               patterns               require               that               trade               entry               and               exit               be               executed               on               these               specially               drawn               trendlines.

    There               are               two               ways               at               which               the               forex               trader               can               choose               to               trade               with               these               trendlines.
                   The               first               way               is               trading               via               breakout               strategy               with               technical               chart               patterns.

    When               price               breaks               through               the               trendline,               a               trade               intended               on               the               breakout               direction               can               then               be               entered               according               to               the               trader's               trading               system.

    This               particular               style               of               breakout               trading               can               easily               be               found               in               many               trading               systems               that               trade               flags,               pennants,               head               and               shoulder               patterns,               symmetrical               triangles,               descending               or               ascending               triangles               or               simply               a               channel               or               envelope.

    Break-through               of               trendline               is               an               important               entry               signal               for               many               traders               trading               technical               chart               patterns.
                   The               second               way               of               trading               with               these               specially               drawn               trendlines               is               trading               on               reject.

    When               price               touches               or               breaks               through               the               trendline,               trade               entry               will               be               entered               in               anticipation               that               price               will               meet               great               resistance               or               support               and               will               revert               back               to               its               ranging               levels.

    Thereby,               the               word               trading               on               reject               anticipates               that               price               will               revert               to               its               ranging               mode               and               you               are               fading               a               breakout.

    This               style               of               trading               is               usually               called               fading               the               breakout.

    Or               if               it's               in               the               form               of               trend               trading,               as               price               approached               support               or               resistance               level,               you               are               anticipating               that               it               will               bounce               off               the               trendline               like               a               ball               bounces               off               the               ground               and               ceiling               trading               in               a               channel.
                   Trendline               Trader               is               Both               Useful               in               Breakout               and               Ranging               Markets
                   Trading               on               breakout               and               on               reject               can               now               be               made               automated               in               mt4.

    You               can               find               most               auto               trendline               trader               on               the               forex               community.

    And               you               can               give               the               free               ones               a               try               as               they               contain               the               most               basic               functions               of               an               auto               trendline               trader               EA.

    Now,               a               trade               entry               or               exit               can               be               pre-specified               by               the               forex               trader               simply               by               attaching               the               trendline               trader               to               the               respective               currency               chart               and               draw               lines               manually               on               the               chart.

    Next,               simply               add               in               a               buy               or               sell               on               the               trendline               description               box               to               instruct               the               trendline               trader               EA               to               perform               trade               execution               to               your               liking.
                   Trendline               Trader               Summary
                   Forex               traders               can               tap               on               the               auto               trendline               trader               software               to               execute               forex               trades               while               they               do               other               work.

    Forex               trading               is               not               an               easy               work               for               most               part-time               traders               in               the               past.

    They               need               to               monitor               the               market               for               potential               signals               and               then               manage               the               ongoing               trade               until               it               is               finally               exited.

    Most               of               these               tasks               are               no               longer               relevant               if               the               forex               trader               utilize               trendline               trader               as               their               trading               tool.
                   Warren               Seah
                   What               if               you               just               couldn't               trade               forex               effectively               with               a               day               time               job?
                   I               know               how               hard               it               can               be               to               trade               forex               manually,               but               if               you               want               to               really               be               successfully               trading               your               own               unique               manual               system,               you               need               to               learn               a               single               method               that               works               amazingly               well.
                   This               method               is               simple               to               pick               up               and               it               automates               most               of               manual               forex               systems.

    Yes,               it               can               automate               your               personal               forex               system.

    You               can               read               how               to               do               it               in               my               free               report               here:Forex               Technical               Analysis
                   Don't               give               up               hope,               it's               NOT               impossible.

    Trendline               Trader               will               expand               your               trading               capabilities               to               greater               trading               success               learn               more               by               clicking               the               link.






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    2013년 11월 30일 토요일

    About 'forex trend signals'|Good Forex Signals Make FX Trading Easy







    About 'forex trend signals'|Good Forex Signals Make FX Trading Easy








                   When               markets               open               there               is               often               high               initial               price               volatility               before               a               trend               emerges.
                   Unlike               the               stock               market,               the               forex               market               does               not               have               a               daily               open               and               close.

    Running               across               three               different               trading               sessions,               the               forex               market               is               open               24-hours               a               day,               5.5               days               a               week.

    Consequently,               most               traders               don't               see               the               forex               market               as               having               an               'opening'               session.

    However,               this               is               not               the               case.

    There               are               larger               trading               volumes               as               banks               around               the               world               open               for               business,               meaning               that               currency               pairs               are               not               immune               from               opening               volatility.
                   As               stop-losses               are               triggered               on               either               side               of               the               opening               price,               a               stronger               trend               will               often               emerge.

    Although               the               trend               may               not               last,               knowing               that               there               is               often               a               fake-out               followed               by               a               stronger               move               is               something               of               which               traders               can               take               advantage               in               their               trading               strategies.
                   Traders               should               watch               the               most               frequently               traded               forex               pairs,               as               these               are               the               most               liquid,               as               well               as               looking               for               a               large               increase               in               trading               volume               as               the               market               opens.

    These               pairs               include               the               EUR/USD,               the               GBP/USD,               the               USD/JPY,               the               USD/CHF               and               the               AUD/USD.
                   The               London               forex               session,               running               from               8:00               GMT               to               18:00               GMT,               is               an               ideal               candidate               for               this               trade,               one               of               the               reasons               being               that               the               GBP/USD               and               EUR/USD               are               not               as               heavily               traded               prior               to               the               open               of               this               session               as               they               are               prior               to               the               open               of               the               New               York               session               (which               overlaps               with               the               European               session).

    When               Germany               and               London               open               for               trading,               the               volume               of               trades               on               these               pairs               ensues,               with               the               USD/CHF               being               another               good               pair               to               keep               an               eye               on.
                   The               JPY               is               heavily               traded               in               the               Asian               forex               session,               but               in               the               one-hour               overlap               between               the               Asian               and               London               sessions               there               is               increased               volatility               for               the               GBP/JPY               and               the               EUR/JPY.
                   Working               off               the               open               of               the               European               markets,               we               have               three               pairs               to               watch               starting               from               around               6:00               GMT               (prior               to               the               market               opening)               until               about               10:00               GMT               (after               the               markets               have               opened).
                   The               set-up
                   Prior               to               a               major               market               opening,               forex               pairs               typically               move               within               small               ranges.

    However               this               is               not               always               the               case,               and               on               days               when               there               is               a               lot               of               movement               prior               to               the               European               open,               the               set-up               will               be               harder               to               see,               which               might               mean               that               this               strategy               is               not               appropriate.
                   1.

    Using               a               15-minute               chart,               traders               should               look               for               a               calm               pre-market,               or               a               forex               pair               that               has               a               definable               pre-market               range.

    2.

    A               breakout               of               the               pre-market               range               is               likely               to               occur.

    We               do               nothing,               as               this               could               be               a               fake               breakout.

    Ideally               the               breakout               should               be               small,               either               less               than               a               third               of               the               average               daily               range,               or               from               10               to               30               pips.

    3.

    We               watch               for               an               engulfing               candle               pattern               (a               bullish               engulfing               pattern               consists               of               an               up               body               longer               than               the               previous               down               candle,               whereas               a               bearish               engulfing               pattern               consists               of               a               down               body               longer               than               the               previous               up               candle)               in               the               opposite               direction               of               the               original               breakout               (so               if               the               breakout               was               up,               we               would               want               a               bearish               pattern).

    4.

    We               open               a               trade               in               the               direction               of               the               engulfing               pattern,               placing               a               stop               just               below               the               low               of               the               bullish               engulfing               pattern               (or               the               high               of               the               bearish               engulfing               pattern).

    5.

    To               exit,               a               trader               could               either               place               a               trailing               stop               on               the               trade,               set               limit               orders               based               on               the               average               movement               during               the               early               European               session               or               the               average               daily               range,               or               watch               for               the               reverse               engulfing               pattern               to               close.



                   Considerations
                   Traders               should               be               aware               that               not               all               signals               will               provide               an               entry               and               exit               within               the               first               couple               of               hours,               with               some               signals               developing               later               in               the               session.

    In               this               case               it               would               be               a               good               idea               to               exit               using               a               trailing               stop               or               limit               order.
                   If               multiple               stops               and               limits               are               being               triggered,               traders               shouldn't               make               more               than               two               trades               in               a               given               direction               and               just               save               the               system               for               another               day.

    And,               if               an               initial               breakout               has               momentum               and               runs               more               than               40               pips               outside               the               pre-open               range,               traders               shouldn't               make               a               trade               in               the               opposite               direction               even               if               an               engulfing               pattern               appears.
                   Traders               can               also               increase               their               chances               of               success               by               looking               for               false               breakouts               against               stronger               long-term               trends,               as               trades               that               go               with               longer-term               trends               have               a               higher               chance               of               success.

    They               could               also               trade               in               multiple               lots               (contracts)               as               this               will               allow               for               multiple               exits,               thus               allowing               them               to               break               even               on               their               risk               before               taking               more               profit.
                   Conclusion
                   Although               the               forex               market               is               open               24-hours               a               day,               there               are               still               times               of               the               day               when               more               participants               enter               the               markets,               and               these               can               provide               great               opportunities               for               forex               traders.

    By               watching               for               fake               breakouts,               reversal               patterns               and               using               multiple               exits,               a               trader               can               potentially               profit               on               a               large               portion               of               the               average               daily               movement.






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