The purpose of this post is to show you guys the importance of risk reward ratio in trading. In the screenshot below, you can see the 5 trades that I have taken for the user of my trade copier service on the 6th Feb 2018. If you take a look at the loss vs the…
The Power of Trend Channel
It is very important for a trader to identify whether the market is still in a trend or it is already moving within a channel. If you are unable to do that, you will find that you get stopped out quite often when trading in the direction the trend as the market is actually no…
How To Formulate Your Own Forex Strategy
In this post today, I am going to teach you how to formulate your very own strategy from scratch so that you will have a reliable strategy to trade with. The techniques to formulate a strategy took me sometime to learn and therefore I decided to write it into a blog post so that every…
What Makes a Good Forex Strategy
In this post, I shall be sharing with you what exactly makes a good forex strategy. I believe that most of you are searching for something called Good Forex Strategy but do you really know what makes the good forex strategy to use. I bet most of you think that a good forex strategy is…
Forex Trading Beginner Guide To Success
I bet that most of you here in my blog are interested in making an extra income from trading and there are definitely some who wish to eventually become a full time trader and quit their boring day job. Regardless of which category you fall into, I have written this post to give you an…
My Forex Trend Trading System
If you have been reading up forex books or courses, you will have heard of the phrase “The Trend Is Your Friend”. Indeed I will strong recommend new traders to trade with the trend instead of against it. Trading against the trend is only advisable for those experienced traders who have a feel of the…
Forex Moving Average Crossover Strategy
When it comes to moving average, I bet most of you will be pretty familiar with this forex trading indicator. However in this post today, I will be sharing with you how I trade the moving average crossover and hope that you can have another forex trading strategy in your trading arsenal. Below are the…
200 Day Moving Average Trading System
The 200 Day Moving Average is voted as the number one trading indicator by a forex magazine. Personally I find the 200 day moving average as a very reliable and versatile forex indicator as it can perform quite a number of functions at the same time. In this post, I will be sharing with you…
My Forex Fibonacci Trading System
If you have read my previous post showing you how to plot the forex Fibonacci indicator on your chart, you will understand the power of the 0.382, 0.500 and the 0.618 Fibonacci retracement level. These retracement levels are areas where you will the price being repelled by them. What makes Fibonacci trading such a popular…
My Forex Range Trading System Revealed
What exactly is range trading? You may be wondering. If you have been looking at your forex chart, you will find that there are times where you will see the price moving within a trend channel. When the price is within a channel, we say that it is moving in a range bounded by an…