Best forex strategies and indicators
hello traders!
After exploring some forex forums for some times I found some forex indicators that perform really good. I finally succeeded to combine them to generate even more accurate forex trading signals.
Make 10-20 pips profit per trade from trading the 15 minutes chart is not difficult. Very easy. Anyone can use this no brainer system.
This system can be used in any forex pair, and any timeframe, but I usually use it in 5 minutes and 15 minutes chart.
Recently I received a question from a perspective FXCoaching.com customer after he saw the forex signals track record with four consecutive losses of 70, 90, 42 and 99 pips.
His question went like this: “Hello Steven, your overall trade results look good but, for example on week of August 16th 2010, you had four consecutive losses of 70, 90, 42, and 99 pips. Won’t that trigger a margin call or nearly wipe out my account?”
My reply: Whoa! Slow down. I am sorry, but what you’re doing does not even come close to resemble actual trading. Please forgive me, but I’m going to be a little harsh here.
If what you are suggesting is true, then you are definitely gambling. If losses of 70, 90, 42, 99 pips can wipe out your account, you are using WAY TO MUCH leverage.
Stop it now and take this business seriously! [Read more…]