Free forex trading system lesson #1: The Big Trend
Ok, I am not a genius, but I want to share my passion with you. That is why I give my free forex trading system. In this page, you will learn the first lesson. Forex trading is not a game and take more times to learn all the details.
I am sorry to say you that but I have to be honest with you. Forex is not easier like many gurus told in their lessons.My free currency trading system is simple but not esaier. I didn't say all that you find in forex trading ebooks are bad but be careful with their promises.
In my forex system I use what I call "The Big Trend". The B.T. is compound of two moving average exponential.
#1 MAE is MAE 14
#2 MAE is MAE 42
When MAE 14 > MAE 42 that means the B.T. is Up. So I wait a long signal.
When MAE 14 < MAE 42 that means the B.T. is Down. So I wait a short signal.
A lot of fx trading strategies follow the Trend, but the difficulty it is to take two good moving averages.
Some forex traders use 50 MA and 100 MA but I think is two large to identify the real trend of the day. Don't believe me, it's just my opinion ;-).
Why it is so important to trade my currency trading system with the Big Trend ?
If you trade with the forex trading trend, you are like a surfer who takes a big wave. But what happens if you take an opposite "way" ? You would have more chance to have an accident.
Remember, the trend is your friend !!!
MAE 14 > MAE 42 ===> Long Signal
MAE 14 < mae 42 ===> Short Signal
If you have any questions, send me a message, please. I will very happy to help you.
Domino, I love currency trading !
Go to the free forex trading system Up Page
Go to the forex system page to find another lesson !
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