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Simple Method Of Scalping GJ on 5m Chart:
this is a method by imran sait... profitable. ive attached the e book and video tutorial link here...
this is the video link ;
Video 1 - Setting up of the indicators on the chart
YouTube - chart setup for Simple Method of Scalping any pair on 5 min
Video 2 - How to identify a downtrend using the indicators
YouTube - Method Video 2
Video 3 - How to identify and Profit from Moving Average crossovers
YouTube - MOVING AVERAGE CROSSOVERS
Video 4 - Use of Auto Pivots in this method
YouTube - Use of Auto Pivots
this is it for today... i will continue tommorow. juz wanna help some newbie traders like me to find the suitable trading system...
The Second System:
1-2-3-4 Forex Reversal Trading Strategy
A 1-2-3-4 reversal chart pattern is build up of 4 definable points,
known as point 1, 2 , 3 and 4.
A typical 1-2-3-4 chart pattern is best traded after a strong currency pair up
- or downtrend and can be defined by an easy set of trading rules.
A trader can confirm the reversal trade using
a technical indicator such as DMI or MACD.
1-2-3-4 Basic Rules for Short Trades
Point (1): The high in an up trending currency market.
Point (2): A downward correction in the up trend,
the lowest bar in the correction before the price moves back up to point (3).
Point (3): The high in the move up from Point (2)
but a failure to make a new higher high(Point 1).
Point (4): Go short 1 pip below point (2)
1-2-3-4 Basic Rules for Long Trades
The reverse is true when applying these basic rules for long trades but now:
Point (1): The low in a down trending currency market.
Point (2): An upward correction in the downtrend,
the highest bar in the correction before the price falls back up point (3).
Point (3): The low in the move down from Point (2)
but a failure to make a new lower low(Point 1).
Point (4): Go long 1 pip above point (2)
1-2-3-4 Up Forex Reversal Strategy using MACD
1) Trade this reversal pattern only after a strong downtrend
2) Place points (1),(2) and (3) on your chart
3) Place a BUY order 1 pip above (2)
4) Confirm the trade using the MACD indicator (or another);
the MACD must signal a buy or in buy mode already.
5) Target level: Calculate the distance between (2) and (3);
if for example the distance between (2) and (3) is 50 pips,
than 50 pips is your target level.
6) Place your stop 1 pip below (3)
1-2-3-4 Down Forex Reversal Strategy Using DMI
1) Trade this reversal pattern only after a strong up trend
2) Place points (1),(2) and (3) on your chart
3) Place a SELL order 1 pip below (2)
4) Confirm the trade using the DMI indicator (or another);
DMI must signal a sell or in sell mode already.
5) Target level: Calculate the distance between (2) and (3);
if for example the distance between (2) and (3) is 250 pips,
than 250 pips is your target level.
6) Place your stop 1 pip above (3)i love this method.....
but do not know how to apply it..
im suitbale with my system..
im try to learn this method..
good job bro:D:D
i love this method.....
but do not know how to apply it..
im suitbale with my system..
im try to learn this method..
good job bro:D:Dya pilih2 mana anda suka... huhuhuhu... its better to trade ur system fariz coz it suits u.. but it worth a try
Fxfariz36 trading strategy:
another method of my favourite... by Fxfariz36. simple yet powerfull method.
one of my suggestion for newcomer... the link is below:
https://www.mql5.com/en/forum/178548
Fxfariz36 scalping system:
https://www.mql5.com/en/forum/178548
ya pilih2 mana anda suka... huhuhuhu... its better to trade ur system fariz coz it suits u.. but it worth a try
yerp, it's worth it for me to try....
very interesting with 1-2-3-4 reversal trading signal...
im just add on my method....it's really work for it...
i need to practice 1st on 1 month b4 going to real account..
cheers,:D:D
yerp, it's worth it for me to try....
very interesting with 1-2-3-4 reversal trading signal...
im just add on my method....it's really work for it...
i need to practice 1st on 1 month b4 going to real account..
cheers,:D:Dok bro then if it succed.. share it here... we shall name the system kuasa123... how bout that? keep up ur good work fariz
ok bro then if it succed.. share it here... we shall name the system kuasa123... how bout that? keep up ur good work fariz
i will try for this method....
if ok...
we will show to the forex world for this method about kuasa123...
wakaka...hope going smooth...
adehh...my speaking like hell...dont want to speak in english...
better speak in malay...
soon i will got banned by masta ND...
nak xnak....should speak in english....
kihkihkih:D:D
cheers,
i will try for this method....
if ok...
we will show to the forex world for this method about kuasa123...
wakaka...hope going smooth...
adehh...my speaking like hell...dont want to speak in english...
better speak in malay...
soon i will got banned by masta ND...
nak xnak....should speak in english....
kihkihkih:D:D
cheers,tau pun.. takleh cakap malay. aku da naik berbuih speaking. a lil bit of malay its okey. its not like we speak malay all the way in this thread. okey bro i will wait for ur next system...