Friday, January 15, 2010

Tricks Without Using Forex Trading Indicators

Tricks Without Using Forex Trading Indicators

Here I try to play in pairs EUR / USD with a runner method without using any indicators, and the results are quite rare loss here about - about 85% profit.
Without a longer length, the next trick that I use:


  • Pairs EUR / USD
  • Left tradding think - about starting at 08.00 or more.
  • Note the movement of High & Low price of the day (usually at an hour much for the difference in price is still small).
  • What we do next is a pair of pending orders (buy stop / sell stop) at two positions buy & sell by looking at the movement of high & low price. Suppose the current price is 1.5460, 1.5470 high and 1.5455 low. What we do is click on pairs EUR / USD to conduct a transaction, and then take buy position stop and fill rates with +25 price of high price above. Jd price for the buy-stop price we fill 1.5495 (1.5470 +25). Henceforth we take another position in the sell-stop and fill price with prise of -25 on the low price. So the price for the sell stop price we fill 1.5430 (1.5455-25). to stop loss of our content to exit 20 and our target 20-60 content. If you always look better price gak pake not exit the target to maximize your profit and stop loss is always better in content to limit our losses possible.
  • We sudang placed two orders pending buy & sell stop next stop we wait until one of us touched pending orders, if the price moves up to 1.5495 then we'll buy orders are executed and vice versa if the price moves down beyond 1.5430 then we'll sell orders are executed.

Why do I use this trick? due to the currency pair EUR / USD price movement is not wishy - washy, yes naek once sky-high straight, and once down it drove away. Usually EUR / USD if the price had moved up / down 25 pips from the open market will soon open buy / sell up to 20-60 pips.

So without using a single indicator we can still trade with profit rather jolly per day. Good luck good luck .....

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