Friday, 16 November 2012

Simple Forex Trading Strategy for profit $100 to $200 per Day

forex trading outlook today - Simple Forex Trading Strategy for profit $100 to $200 per Day : It is very possible to make $100 trading forex and futures contracts every single trading day. It is simply a matter of using a few wisdom nuggets to pick your trades. In the next few sentences, we will give a basic guide on how this can be achieved. You will be amazed at how easy this can be if you know what you are doing.


Range-bound markets exist when the price action of an underlying asset hobbles in between a price spectrum; there is an upper limit of price and a lower limit of price. These limits define the price range of an underlying asset. This condition usually occurs when there is a lack of direction in the market; usually most traders are on the sidelines waiting for a major news event to give them a direction in which to trade in. If you trade the range-bound markets, you can actually make money by selling at the upper limit and buying at the lower limit of the price range. If you use a 1 hour chart for this, you will get many trade opportunities. Usually such entries must be supported by a momentum indicator that indicates oversold and overbought situations, such as the Stochastics oscillator. See the chart below for examples.

This is a Step-by-Step forex Day Trading Strategy Guide to making $100 to $200 per Day.It is a short (19 pages) practical book that gets straight to the point.

Forget about complicated indicators that only cloud your judgment and that are known to always lag behind price action.

Absolutely:
• No Trendlines
• No Support or Resistance analysis
• No ADX
• No RSI
• No Fibonacci Retracements of Extensions of any kind
• No Elliot wave
• No Candlestick patterns ( triangles, rectangles, pendants, Flags,…..)
• No Bollinger Bands
• No Stochastic

Welcome to the world of Pure Price action at its finest. PRICE ACTION the like of which you have never seen before. Identify current Trend at a Glance; quickly assess whether you are at the beginning of the move or whether you are late. All you need is a FREE Metatrader 4 platform and this Book


Product Details
    File Size: 926 KB
    Print Length: 29 pages
   Language: English
Best prices : $0.99
    ASIN: B008RERRY8
Download Simple Forex Trading Strategy for profit

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