I will be revealing one of my long-term strategies and I know that all Forex traders, including myself, are especially fond of trading strategies. This is a very simple yet highly effective and profitable trading strategy. I will be giving away all the details of this strategy for FREE of charge. That is the kind of thing we do here at Winners Edge Trading! In exchange for the free strategy, I would like to ask you if you could take the time to write a comment down below … I would really appreciate that!! We send our great content day in day out so it would benefit you tremendously. T he Million Strategy. At Winners Edge Trading we know that some of you who are reading this eBook do not have hours and hours a day to track the Forex market. Everyone has busy lives and full schedules. This strategy is going to focus on long-term trading so that the method Is beneficial for everyone. But it is important to realize that the strategy is actually useful for all types of traders, from swing traders to day traders, but even intra-day traders can benefit from the knowledge. So we will be using the day and weekly charts. So another requirement is that the strategy uses very simple methods. Because in a way, the only aspects Forex traders need to care about is where do I enter, where do I set my stop loss and where is my take profit? This strategy answers all 3 questions quickly — without having to stare at your screens for 24 hours a day. This free Forex trading strategy meets all these criteria and more:. The motto of our company is providing you an edge, a Winners Edge, and by reading this strategy article you just created that edge for yourself. Before we dive into the exact details of the strategy, I need to make sure that everyone has a certain understanding of Forex trading. So I want to share with you a few links. Please read the ones that are valid and interesting for you:. It is a very powerful trading system that will be a great addition to your Forex trading arsenal. Please read on for the details of the trading plan. In the next part you will be able to discover the ins and outs of the setup, entry, stop placement, and trade management. First of all, the million is feasible and useable for all major currency pairs and major crosses. The currencies love to move in cycles, patterns and waves from level to level. As forex all know, there are many kinds of levels in the markets: Lows and highs are also examples of key million. Their big advantage is that their numbers are clear and straight forward leaving little doubt and room for error. A day high will remain a day high no matter what. There is no doubt about their validity and are very easy to use for any measurement or strategy. PLUS the big advantage is that BANKS use these levels as well. One simple word of advice from trader to trader is: But this is not the strategy of course. That edge will be created via our filters. You might be asking yourself: In fact a trader could take a trading decision based on every single candle. But is it profitable? A filter makes sure that we only trade upon a forex set of conditions, which gives us Forex traders that edge. In other words, this strategy is aimed for finding turning or continuation spots on the day chart. So now you might be wondering, how do identify those continuation or reversal spots within our Forex strategy? We can measure a pause in the market by monitoring the highs and lows of the day candles and keeping track whether and when it fails to make a new candle high or low. If the currency fails to make a new high or low, it equals a minor resistance or support level in the market. In an uptrend a pause of one day no new daily high is equal to a minor resistance. In an uptrend a pause of two days no new daily high is equal to a major resistance. In a downtrend a pause of one day new new daily low is equal to a minor support. In a downtrend a pause of two million no new daily low is equal to a major support. These minor or major resistance and support levels are great trading opportunities, because they indicate either a potential trend continuation trade or a trend reversal setup. You are probably wondering how do we catch the pips! Hang on for the ride gold This is a great Forex trading strategy so you will not be disappointed. First thing we need to know is that; a failure to post a new candle high or low means that the power in the currency was not sufficient to push the price to new highs or lows. That is the best thing about Forex trading. There is earning potential both ways. So no matter what, Forex traders can capitalize from movements on the Forex market: As you can see in the example below, the currency kept making higher highs and higher lows and made a fantastic uptrend indicated by the green circles. The triangles within the green circles gold an indication when 2 day candles did not post a new high or new low, aiding visual ease to identify a string of highs and lows — in this case higher highs and higher lows. Here below is another example when the currency kept making lower lows. There were several pauses and 2 day candles could not post a new low. After a small retracement the currency continued with its down trend. So far we have covered all the basics. Before we dive into all the details of the actual trade setups and trade management details, I need to make sure that everyone is clear on the following matters as well:. Oh and here is that twitter account: Chris Svorcik Winners Edge Trader, Writer, Educator. Get trade set ups everyday! Place Your Email Here Great article can not wait for the next parts but I not see them on the blog or on twitter have they been released yet or am I missing them Thanks. Check out our mentoring program here: I have tried trading in the past, some years ago, took a severe beating, and have been looking for inspiration and a mentor. Trading forex on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. Million possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Home Blog Tools Pricing BROKER About Us Were Hiring Contact Us! A Million USD Forex Strategy Part 1 Written by admin on May 17, 7 Comments. I do have one favor I want to ask from you… In exchange for the free strategy, I would like to ask you if you could take the time to write a comment down below … I would really appreciate that!! Now that you have done that, let me tell you some more details. Here is an example: That is all a Forex trader needs. As you see the chart is very basic: This free Forex trading strategy meets all these criteria and more: Please read the ones that are valid and interesting for you: The ABC of the strategy First of all, the strategy is feasible and useable for all major currency pairs and major crosses. The next step in million process is… creating an edge. That is why we are releasing this free Forex trading strategy guide book. That sounds very simple… and it is. Before we move on, make sure to read these vital articles: The Juicy Part So now you might be wondering, how do identify those continuation or reversal spots within our Forex strategy? Here is the definition: In an uptrend a pause of one day no new daily high is equal to a minor resistance; In an uptrend a pause of two days no new daily high is equal to a major resistance; In a downtrend a pause of one day new new daily low is equal to a minor support; In a downtrend a pause of two days no new daily low is equal to a major support. Now we have formulated the definition of a trend: A trend is when the currency makes new highs or new lows; A temporary halt of forex trend is when the currency gold to make a new high or low. At this stage I advise you to read these great articles before continuing: Basically, this could translate into two scenarios: The currency is pausing for continuation of original trend direction; The currency is setting itself for a reversal. The gold thing is, Forex traders can profit from both directions! Before we dive into all the details of the actual trade setups and trade management details, I need to make sure that everyone is clear on the following matters as well: That concludes part 1! Make sure to keep an eye out for part 2, which will be released next week Friday on May We are going to discuss the Forex strategy in great detail: Once again, I would truly appreciate your feedback on each of these articles!! Hope you enjoyed it, and make sure to read the next 2 sections which are going to be Forex. Wish you Good Trading today and a very great weekend! The following two tabs change content below. Winners Edge Trading was founded in and is working to create the most current and useful Forex information and training available on the internet. Latest posts by admin see all. Hi Zech, thanks for the question. Thanks and please drop a note more often! Glad that you enjoyed it!! Please drop a note on 1 of my comments more often, thanks! Hi Chris, How do you set the fractal indicator? Glad that you enjoyed it. The next part will be released on Friday May Please let me know what you think next part as well! Popular Views Hot Off The Press Most Commented Popular Long Term Trading Strategy for Forex NFP Trading in Forex and forex strategy for trading Creating a Forex Trading System: Success Tips How to Use Currency Strength for Trading Success A Simple Yet Profitable Strategy Maximize Profits and Minimize Risk--What a JOKE! Long Term Trading Strategy for Forex Creating a Forex Trading System: Success Tips Forex Trading: A Tool to Create Wealth Trading Mindset Training: The Battle of The Brain How To Trade The Fractal Indicator How to Use Currency Strength for Trading Success Realistic Forex Income Goals for Trading The 10 Best Indicator Combinations in Forex Trading Long Term Trading Strategy for Forex. Home Contributors Site Map Privacy Policy Legal Disclaimer Terms and Conditions. Enter your email here: DOUBLE TREND TRAP STRATEGY. Do You Need a Profitable Trading Strategy? Where Should We Send you Our Double Trend Trap Strategy? Now Take your trading to the next level by taking our trading quiz to pinpoint your strengths and weaknesses. NO THANKS I DONT NEED TO IMPROVE MY TRADING IN ANY Gold.
GEORGE SOROS DUMPS STOCKS & BETS BIG ON GOLD - Invests $264 Million in Gold
GEORGE SOROS DUMPS STOCKS & BETS BIG ON GOLD - Invests $264 Million in Gold
The book uses words to describe patterns, supported by drawings, photographs and charts.
In fact, the idea of using your head was a common theme throughout my childhood, and even now still as an adolescent.
Legal news links include synopses of U.S. Supreme Court and New York.
The first time, I was just 17, and my uncle, (an ex used-car salesman) went with me.