If you have a profitable FOREX stratergy, can you please write it down in detail (including the type of?
Posted by admin
…. indicators used, typical stop loss level, typical profit limit level, time frame for trade, etc..) I don’t care if you trade on the long term or short. I JUST NEED SOME HELP, and there is just so much GARBAGE on the net claiming to Be winning strategies, but I am already too old, and I don’t have the time to waste trying to figure out what works. I need to go DIRECTLY to what works!
I know that no strategy is garunteed, but can you tell me what is working for you!
THANKS!!
January 30th, 2010 at 3:02 pm
FOREX is profitable
go in for investment in US dollars – they are low now and will give you good return in another 6 months.
have help from Bank – foreign exchange dealers.
February 2nd, 2010 at 1:51 am
Its wishful thinking to imagine someone will give you a profitable strategy for free. No one gives away ways to make money on the market for free.
Even the strategies you pay money for may or may not work.
February 2nd, 2010 at 1:32 pm
It works just fine.
Past data and real ongoing account.
9,000% in 10 months by doing nothing.
In this crisis year, 1,000% in 1 year automatically.
February 3rd, 2010 at 9:10 pm
cyruswendydevo, in my opinion, all of the Forex strategy is profitable. This depends on whether you know how to analyze the trend, spot the correct signal, go long/short at the right price.
I might not be expert enough to tell you what is the most profitable because I’m still trading in the demo platform.
However, in my opinion, combining analytical skills like using fibonacci retracement extension level, looking at the candlestick signals (such as doji, shooting stars et cetera), wait patiently to reach day high/low are very reliable and will definite help you to gain profit if you use them properly.
Most of the knowledge that I have right until now is from a free 7 days Forex course from a Forex mentor called Greg Morris. I think that his approach in trading is very practical and do not have those bombastic sure win claim. The information that he has provided is easy to remember and understand.
Along with this answer is a link to his website. You can attend his free 7 days Forex course through the website.
February 5th, 2010 at 9:14 pm
there’s a FREE indicator. with GREAT Performance (Combine ADX, Momentum, RSI, Bear, Bulls, Stochastic, GMACD into a friendly easy to read visual graphic)
its 100% FREE, but its more better than commercial indicator.
You can see how it perform :