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leads | Trading Discussion | replies KeenPips replied 11 min ago Sticking with a system is an important step to growing as a trader. It builds your confidence and helps you be a master of your system. Trade safe and prosper. KP {quote}. Traders were asking to post some strategies that will work on smaller time frames. Here is one very nice trading system that can be worth your attention.

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The Easy Forex Color Coded Trend Trading, written by Cynthia of Day Trade Forex for the MT4 platform, is a very simple basic manual system that is for minute or hour charts, and performs extremely well with a stop loss of only pips.. You can use it on multiple currency pairs with the special mt4 indicators that I will give you, already loaded onto a color-coded template.

That product turned out to be quite useful and very popular. Each day we still receive e-mails from our clients, who use it in their everyday life along with our other trading systems as well as products by other developers. Such high grades for our products make us quite happy.

If you happened to possess a substantial understanding of the market, we can safely recommend you our Trailingator to utilize it alongside the Forex Octopus. Why would you need a certain knowledge? With certain pairs, Trailingator can close orders a bit earlier and as a result, lower the potential profits. However, with different pairs, optimally fine-tuned and adjusted for each other, the profit margin can increase considerably. As one of such examples we could demonstrate a majority of pairs with JPY.

Pairs with JPY are notorious for long trends, interrupted by strength reversed movements. Under such conditions Trailingator can reduce the losses considerably and increase profits when JPY pairs are utilized.

This is the First if its kind offer, but please keep in mind that nothing can last for ever - this is the limited time offer that is available to you for few more days only. When will the system pay for itself? The very first 1 —2 profitable trades with one of the smallest lots 0. And if you get really lucky, after the very first profitable trade, you could earn much more than what you paid for our Forex Octopus.

We can fully understand how important this is for you. This is why I decided to put it in writing: We proudly announce that our support team now operates virtually around the clock, 24 hours a day.

Please feel free to connect us by: How will it reflect on my profit? Can you advise me on some special pairs? Start small -- with pairs. Trade for about a week, as this should give you a rough idea about how the system works. Just remember, that the more pairs you have, the greater the Margin. Please adhere to Money Management. You state that this system can be utilized to do trade at any time of the day.

According to the results of your tests, what is the best time to conduct trades to maximize my profits? Usually a signal is formed during a European-American trading session. The system provides for preliminary signals, that anticipate and forecast the main signal. I read that if I request a refund, my version will stop functioning after 30 days from the date of purchase. We will renew your license. At home I have a desktop and a laptop. Usually, I trade from both computers - from home and from my work.

Do you impose a limitation on the usage of your system to only one computer? Yes, we persistently ask that the users do not use the System on more than one computer. In addition to that, the system could be only installed on one 1 real account with the absolute maximum number of demo accounts set at five 5. Please contact our friendly support team to arrange for additional licenses offered to you at a half price Q. In what respect your manual system is better than any of your previous ones?

However, we try to comply with your individual requirements when we create a new system. I have a poor and not stable connection to the internet. Will that affect the precision of the signals received? You frequently advise to utilize your Trailingator along with your other products to increase profitability.

Is it possible to use Trailingator with the new system? My knowledge about Forex trading is quite shallow. The only thing I know is how to Open and Close my orders. What else do I need to know to fully understand how your system works. All other skills you already have. How often does your system send the signals? How many hours a day would I need to spend in front of a monitor? The system sends signals on each pair approximately once a day or even few and far in between.

If you install the system into multiple charts, naturally the signals will arrive more frequently. How many currency pairs can I trade on? You get to choose yourself how many pairs you want to trade on. You absolutely have the right to trade on ALL currency pairs, accessible on you terminal.

If you require the maximum number of pairs, please use Alpari UK. According to our computations, that terminal contains in excess of 30 pairs. We believe that should be sufficient, so that you can provide for yourself, your children and your grandchildren.

Does your system give the Stop Loss and Take Profit levels? Forex Octopus sends you signals at the optimal time for closing your order.

I used to have an indicator. What is Fibonacci tool and how to use it? Simply Google "forex fibonacci" phrase and you'll find a lot of information about it. This is probably the only reason we classified this trading system as Complex one, not every trader is comfortable with using Fibonacci studies in Forex.

Look at the price waves. Pull Fibonacci from A to B. To know which direction to pull up or down simply look at the trend; if it is unclear, find appropriate AB swings and set Fibonacci in both directions.

Once set, wait and watch the retracement from AB swing to unfold. During the retracement there are three conditions to be met in order to consider trading: The price must touch 5 WMA. The price must at least touch 0. It can touch or poke it, but the level must withstand the "attack". When all three criteria are met, enter once the candle is clearly closed above 5 WMA for Long entry, below - for Short.

Profit target is set to 1. Edward Revy and my best Forex Strategies Team http: The Weighted moving average is calculated by averaging the current value and the previous values over the given period together. Then you drag your Fibonacci tool, found on your trading platform, from A to B and get retracement and extension levels.

Extension level of 1. Try this website to learn more about Fibonacci trading. Options trading refers to the engagement of stock exchanges through forex funds, or a compilation of various stocks into one bundle. In South Africa, online option trading is the most economically viable way to trade the forex, often done through binary options trading.

Utilizing websites such as https: All you have to do is to create or register an account with a Forex broker. After registering your details, you will be able to start buying and selling currencies. Creating a forex trading account usually takes about five minutes. Forex is not owned by anyone. Forex is an interbank market. This simply means transactions are performed between two parties which are the seller and buyer.

Forex will always be there, as long as the current banking system exists. Forex trading market is open from Money you have in your banker account is called Margin. The margin helps you to secure your open position. To keep your position open, different brokers demand certain amount of margin from you as a trader.

Short position — is a selling position. This means that the position would be in profit if the price decreases, while Long position — means a buying position.

This position would be in profit if the price increases. There are few trading online strategies that some people use to limit the losses and increase the profit. However, you must come up with your own trading online strategy if you want to make profit. Specific strategy can be good for a specific time and for a certain currency. You can just trade using a web-based trading platform. You can login into your account and start trading.

However, some people prefer to install a trading software on their computer and start trading. Brokers that have web-based trading options include Easy Forex, eToro, Oanda, and Interactive Brokers just to name a few. The broker will never let you lose more than funds available on your trading account. When the balance approaches zero 0 , the broker will close your losing position.

The broker must prevent such loss. Mobile Apps Trading have become more and more popular in south Africa. Mobile Stock Trading is mostly used in South Africa. How the the following companies have always lead the world of on-line trading ,jse,eskom,nedgroup and south Get the Latest online trading companies in south africa for Trade with our very own rand Zar start making money online without any doubt start trading online.

Get the latest Trading coupons and deals. Jse is company that has been doing Trading on-line for years the company is located in the heart of Gauteng this company is for those who dont need to trade for them selfs because they require a trader to help them with their trading. Most people feel safe trading with jse. But we guarantee you will get the same experience from our clients cutting edge systems that have all you need to invest.

Fin24 also repoted that Trading online is biggets indutry that makes money in the world if you want earn R day you start the journey of trading online in SA. You dont need a stockbrokers if you can make money your self by trading at your own space and time with risk free indices,fy17,1h18,1h17 and money from our private pty and more many more. Africa is one of the richest continents in the world start trading and invest in the resource of your continent.

Trading Online it means selling assets and buying assets through licensed brokerage on internet-based trading platforms. Trading Online has exponentially increased in the years in the 90s, high speed computers made all that possible and internet connections.

Everyone wants a little bit Rand besides their salaries guess what you have arrived to the correct place Trading online can help get R40 or more. But remember online trading is risky and rewarding too. Currency or forex trading is a decentralized global market where all the currencies of the trading world trade online.

Its market is the largest in the world because people, businesses and countries all participate. In the Forex market, currencies are always traded in pairs. For each currency transaction, you must exchange one currency for another.

The first scenario is more worrying because risking too much can quickly evaporate a trading account. Your position size is how many lots micro, mini or standard you take on a trade. Your risk is divided into two parts: The Forex market uses symbols for currencies. Other currency symbols are: The price refers to how much of the second currency it takes to buy a unit of the first currency.

To know this rate, divide 1 by 1. The result is 0. The price of the currency pair fluctuates constantly, as transactions occur around the world, 24 hours a day during the week. A pip is the fourth decimal place in a currency pair, or the second decimal place when JPY is in the pair.

The profit you made on the theoretical trading above depends on the amount of currency you bought. Forex trading or BitCoin? The value of each pip is called the pip value. If the USD is listed first, the pip value may be slightly different. When we talk about a demo account for your online trading account or forex trading account we talk your practicing environment for beginners in the forex trading world.

Our website is maintained by well-trained forex trading experts with many years of experience. The abbreviation for Foreign exchange markets is Forex. Forex is one of the most growing industries in the world with Net worth of over 3 Trillion USD a day.

Buying and selling currencies has always been an advantage in other countries if you had 10 USD if the money is converted to the south African currency you have R An overall explanation of forex, buying and selling currencies. Online trading guide is your number stop if you would like to learn more about forex in south Africa. What is forex trading? How to determine the right position size when forex trading. How to calculate the currency for forex trading.

What Is the Closest Way to Become a Profitable Forex Trader?

And, of course, it will naturally provide you something you came to the market in the first place — stable and abundant earnings. If the broker is offering those types of spreads, it should be fine for swing trading.

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Now, I can understand how fool I was!

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