Learn my forex trading strategies for free... I will be very happy to help you to better understand my forex day trading system and more...
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Step #1 : Watch the forex video
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Make a double-click to see the videos
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Step #2: My commentaries
For the #1 trade, I used a divergence to take a position.
Like you know, divergence indicates the end of the pullback.
So, when prices cross the high of the down candlestick, it was normal to risk it.
But be careful with that, sometimes it doesn't work like that.
For my exit, I didn't go out immediately because SAR dot were at the beginning, so I had more chance to get more pips. With experiences, you'll see it too.
Theories are gret but, are nothing if you don't test it on a free forex demo account.
Result : +92 pips
Fore the #2 day trade, I took a simple position but prices went against me fastly. It was terrific even if I followed my plan.
To win, we have to stay focus on the plan.
For this trade, I don't take some risk, I went out with a divergence and took my money in my pocket ;-)
Result : +57 pips
Total for this day: +149 pips, not too bad.
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Step #3 : Some trading ideas
Today, I don't give an idea. But I received an email from FXCM (I think !). I said it I gave them my free forex ebook to disturb at their customers. And I asked to help me about metatrader because I don't know put an alert with my settings.
I'm here to help forex traders, and if you want to help us, you can too. If you master metatrader, send me a message, please.