Tuesday, 10 March 2009

Tips To Improve Your Forex Trading By 100% Now

Here are 8 tips that will improve your trading by 100% and help you reach that level of consistence you are looking for.

1. Do not trade on anything lower than 4H charts.
If you are new to trading or loosing consistently you must follow this rule, it will keep your trading account alive and growing. The higher the time frame the easier it is to make money, you can easily grow your account by 10-15% each month only taking 2-4 trades a month.

2. Only take the A trades.
Be Patient, the markets will be around longer than you, plan your trades and wait for the perfect setups then pull the trigger with out hesitation.

3. Never risk more than 3% of you account.
No mater if your stop is 150 pips or 30 pips your risk should be exactly the same, most brokers allow micro lots (.10c) which make it easy to get the correct position size.

4. Keep your system very simple.
My core system's are very simple and and very profitable! You do not need to have 10 indicators pointing in the same direction to take a trade.

5. Back test your system.
Candle by candle back testing your system will give you great feeling of confidence in you trading.

6. Use price action.
Although there is nothing wrong with indicators try to keep them to a minimum, start learning how to read price action, it will reward you greatly.

7. Don't over trade.
This is the most common problem with traders, 95% of traders would be more profitable if they just took 1 trade a month and no more, this would force them to plan that trade with immense forethought and more often than not it would be profitable.

8. Cut your losses short and add to your winners.
This has been said time and time again, but how many of you actually do this? Your wins should be at least twice the size of you losses, preferably three times the size. Start trying to build on profitable positions instead of taking profit as soon as it appears.

If you are a newbie looking to get into the forex market or even a trader who just cant seem to stay consistently profitable. Following these rules will get you on the right track, stay with the higher time frames and you will find your trading more profitable and less stress. (www.streetdirectory.com)

Saturday, 17 January 2009

Ebook - Forex Strategy

Ebook Forex Strategy
Download1.13 MB1-2-3 System — A simple pattern trading system by Mark Crisp
Download134 KBBollinger Bandit Trading Strategy — A trading system based on Bollinger bands indicator by unknown author
Download80 KBValue Area — from The Likos Letter
Download178 KBThe Dynamic Breakout II Strategy — by unknown author
Download51 KBGhost Trader Trading Strategy — by unknown author
Download166 KBKing Keltner Trading Strategy — by unknown author
Download135 KBScalp Trading Methods — by Kevin Ho
Download150 KBLSS - An Introduction to the 3-Day Cycle Method — by George Angell
Download105 KBMarket Turns And Continuation Moves With The Tick Index — by Tim Ord
Download60 MBThe Money Manager Trading Strategy — by unknown author
Download158 KBPicking Tops And Bottoms With The Tick Index — by Tim Ord
Download171 KBThe Super Combo Day Trading Strategy — by unknown author
Download22 KBThe Eleven Elliott Wave Patterns — by unknown author
Download129 KBThe Thermostat Trading Strategy — by unknown author
Download157 KBIntraday trading with the TICK — by Christopher Terry
Download139 KBTraders Trick Entry — by Traders Educators of Traders University
Download2.68 MBFibonacci Trader Journal — a journal covering different trading techniques based on Fibonacci indicators, by Robert Krausz. 12 issues
Download4.63 MBRapid Forex — a set of aggressive Forex trading strategies (Rapid Forex) by Robert Borowski and Stephen A. Pierce
Download912 KBMicrotrading the 1 Minute Chart — a small e-book aimed on Forex newbies to teach them the basics of M1 scalping
Download337 KBBunnyGirl Forex Trading Strategy Rules and FAQ — set of rules for a BunnyGirl trading strategy based on WMA crossing
Download265 KBOffset Trading — a basic Forex news trading range breakout system by Dana Martin
Download149 KBHow to Trade Both Trend and Range Markets by Single Strategy? — by S.A. Ghafari
Download200 KBA Practical Guide to Technical Indicators; Moving Averages — by S.A. Ghafari
Download5.44 MBFX Wizard — essential Forex trading rules by Rob Walton
Download320 KBFX Destroyer — a description of a rather simple Forex trading strategy, invloving moving averages, parabolic SAR and ADX indicators, by Izu Franks
Download1.22 MBA Practical Guide to Swing Trading — a simple and practical guide to the swing trading strategy, by Larry Swing
Download437 KBPractical Fibonacci Methods for Forex Trading — practical guide to Fibonacci levels with the real trade examples of the Forex strategy based on these levels, by Ken Marshall and Rob Moubray
Download321 KBForex Trader's Cheat Sheet — real Forex cheat sheet for position entry times/conditions by Quantum Research Management Group
Download2.18 MBThe Day Trade Forex System — an indicator-based strategy with detailed description, chart examples and minor advertising, by Erol Bortucene and Cynthia Macy

If you are the copyright owner of any of these e-books and don't want me to share them, please Contact Me

Source : http://www.earnforex.com