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ganthiraj

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Posts posted by ganthiraj

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  2. There are three real-time moving indicators: Price, Volume, and of course Time.

     

    Most traders focused on PRICE indicator and hundreds of other indicators derived from it, they miss two other important indicators - VOLUME and TIME. What moves the price? VOLUME and the forces driving the volume. How to see price movement? Over TIME. You need to observe Price, Volume, Time and their dynamic interactions.

     

    The best Forex indicator (or for any other financial market) is Market Profile. More information on market profile trading can be found at:

     

    http://www.squidoo.com/stock_technical_analysis

     

    Or Google search "simple best technical indicator".

  3. Darkonix's Forex Trading System

     

    This forex system is mainly configured for EUR/USD in 15 minutes and It's made from following indicators: NonLagMA v7.1_emailalert (length 40 , Pct filter 0.5) and SSL_fast_sBar_alert_mtf (lb 10 , time frame 240) (will act as filter for NonLagma) and in a addition StepStopExpert_v1.1 EA for exits. In order to understand better the Darkonix Forex System we'll attaching the screenshoot together with the following guidelines.

     

    Go Short : When NonLagMA send the signal for changing the direction to down trend (red color) and SSL is red (on 4h time frame will act as filter)

     

    Go Long : The opposite from short (everything should be green)

     

    Trading rules

     

    1. Follow the signals received only in between 6h00 GMT - 21h00GMT

    2. Option "AlertAfterBarClose" in SSL fast sBar should be "true"!

    3. Never trade against SSL fast sBar indicator color!

    4. For exits use following choice's:

    * StepStopExpert EA

    * Manually set TP60 and SL30

    * NonLagMA color change

     

    723wwg.png

     

    Target points Modification:

     

    Nonlag moving average is too slow for exits so you can trade as follows: Close 3 positions at +30 pips. Close 2 positions at +60 pips. Close 1 position at +90 pips. Stop loss at -30 pips.

     

    To wrap up, as any other system it has its pluses and minuses and it does not represent holy grail but if system is used properly and all rules are followed can have winning rate of 80-90% with very low draw down in pips.''

  4. hi All, I read article today stated 90% those in trading forex lost their

    real money. Just want know anyone here in forex that forex trading that

    make real profit/income . Yes I know this game is full of risk that we need

    to think about before we trading for real let say if we don't have any

    knowledge or never enough perform the demo a/c .

    Anyone in the forum , make real profit from trading forex. What are your

    strategy to do this. I am sure that the platform that we use need to be a bet flatform in other to see the moving curve /line that maybe

    can bring some good idea how to trade using this line or the stat.

    Do you know any website that I can download the curve/line learning

    mean the easy reference one for a beginning like us to maintance a

    good strategy about the moving of the currency market. Pls post

    here if you have look at any website . I am looking for free software.

    Just want to learn about it cos the platform that I"m using now don't have this type of curve/line for me to judge the market condition.

    OR the economics analysis are best among the rest . Thanks.

  5. GAP trading can be very profitable whether magnumfreak believe it or not.

     

    Whether its the market, the broker or whatever the reason might be i don't care. The Gap is there in every currency pairs every sunday evening(sometimes small gaps sometimes huge gap up to 70 pips).

  6. Successful Forex trading skills are not too different than any other trading skills. They are, in this order;

     

    1. Psychology (yours and the markets).

    2. Trading money management (risk control).

    3. Technical &/or Fundamental Analysis skills.

     

    There are many books that will answer your question in depth. They are interviews of already successful traders;

    Millionaire Traders, Kathy Lein and Boris Schlossberg

    Market Wizards, Jack Schwager

    (are two among the best to start with)

  7. PAMM account will be published and will appear in the list Compensation Manager for profitable operations is paid to publish a PAMM, the Manager must enter his username and his password on the forum of the company, which will automatically generate a discussion thread dedicated audit PAMM account. From that moment, the PAMM account will be published and will appear in the list of accounts.

  8. banner1.png

    Deposit plans:

     

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    30% daily for 4 days directly to your Liberty Reserve account you invested from. Payouts for Bronze plan will start the next GMT day after your deposit between 3:00-7:00 PM GMT. Invest Now

     

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    150% after 7 days directly to your Liberty Reserve account you invested from. You'll receive one payout at the end of investment period. Invest Now

     

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    240% after 14 days directly to your Liberty Reserve account you invested from. You'll receive one payout at the end of investment period. Invest Now

     

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  9. This MTF Indicator draws horizontal lines.

    You can change the parameter Ex: The TimeFrame can be set to

    1, 5, 15, 30, 60, 240[H4], 1440[Daily] and 10080[Weekly].....

     

    You can also change the BarsMax but should not be less than 55.....

     

    I do not have idea for the other setting. I am experimenting it and trying

    to use it in conjunction to Price action such as 1-Pinochio bar

    2-DBHLC and DBLHC. Visit James16 Price Action Chart Thread......

     

    I hope someone can share any ideas to this indicator.

     

    Hope this help,

  10. There are several courses are available for the newbies as well as the experienced in Forex trading. Its very important that the trader should be aware of the of the tactics and strategies of the Forex trading for this you can also take the advice form the Forex experts they will guide more efficiently. However, Trading in the forex market can be simpler, earlier and profitable for the traders; however, some steps should always be followed to get sure benefits in the forex market with secure trading. After all, every one enters into any kind of investment with expecting a certain sort of returns.

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