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  #21 (permalink)  
Old 08-11-2008, 04:54 PM
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Posts: 43
mrasyidi is on a distinguished road
From my opinion, there is no trading system can make us in profit all the time.
5% is a trading system
95% is yourself.

Tips to new trader (me also consider as new trader becuase still Junior member in this threat)

what ever strategy you use,
1. Please make sure you know what you are doing.
2. Always have this question, Why, when, which and How
WHY I win, WHY I lost
WHEN to entry, WHEN to exit
WHICH TF, EA can direct me to the top
HOW to trade (time management, money management, my mood)
3. Forex is not just looking on the screen, you must have a paperwork.
write down every single move you made for your future reference and analysis.
Create your own Work instruction (WI). Please follow your WI with no excuse if you want to displine yourself.
4. You must know atleast the basic knowledge for all the original indicator. Not the customize indicator (EA) from expert on this threat.

Example
DigiStoch
using demo account
Add digistoch EA and add original stochastic.
Both set the same setting.
analysis and learn how both indicator working.


New trader especially think Forex is a "get quick rich" system are lazy to learn, undestand in deep all the indicator, support and resistance, pivot level and etc how they work. End up they are loosing money.

This is happen to me.
first though "Forex is very easy, just follow all the indicator "ROBOT". end up I loosing my money. because I did not know why, what, when and How to trade.

after learn from mistake, right now I develop my own strategy base on all strategy in these threat Dolly, Isakas, Nina. Only take indicator that I feel comfortable to me.
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  #22 (permalink)  
Old 08-11-2008, 08:39 PM
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Location: Yogyakarta
Posts: 116
smalltalk is on a distinguished road
Quote:
Originally Posted by Pierce View Post
I have searched a long time though various trading systems.

But I did not find a system which convinced me.

Maybe some experienced traders could say me, what is the most profitable trading system, what system makes really sense.

You could differ the systems for longer timeframes and for shorter timeframes.

Hope for help.
The most profitable trading system? Unfortunately there's no such thing for newbies....
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  #23 (permalink)  
Old 08-11-2008, 09:06 PM
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Quote:
Originally Posted by Pierce View Post
I have searched a long time though various trading systems.

But I did not find a system which convinced me.

Maybe some experienced traders could say me, what is the most profitable trading system, what system makes really sense.

You could differ the systems for longer timeframes and for shorter timeframes.

Hope for help.
Questions for you

What trading, TA, MM books have you read? Because the only way YOU will find a profitable system is to develop it your self.

As for the "System" are you looking for a manual or automated system?

How long have you acutally been looking weeks, months, years?

Why are you looking to get into trading? for an easy life LMAO

Can you afford to give your cash away could you live with out it?

Just some things to think about.


Cheers


Beno
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  #24 (permalink)  
Old 08-30-2008, 03:03 AM
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Posts: 7
Batoobah is on a distinguished road
It exists

I think it exists, even profitable indicators.
But people won't give them away.
I don't know why this is but it's the way it is
I think the most profitable indicator I've seen is the Fisher_m11 (http://home.arcor.de/cam06/fisher/myfish/Fisher_m11.mq4)
I hope you really try it, it's the best I've seen.

I've spent months and months of daily study and I haven't found any indicator or system that works.

If anyone has a profitable indicator, something that really works, this would be a great place to post it.
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  #25 (permalink)  
Old 08-30-2008, 10:00 AM
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Posts: 21
Pierce is on a distinguished road
You are right, but thanks for your indicator.
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  #26 (permalink)  
Old 08-31-2008, 08:30 AM
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wanna profit...?

take your lose... and you will get pips
__________________
trade with no heart
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  #27 (permalink)  
Old 08-31-2008, 04:06 PM
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prasxz is on a distinguished road
hi

Quote:
Originally Posted by stevenali View Post
wanna profit...?

take your lose... and you will get pips
ride the market in the right direction
find your indicators based on your trading style

===================
Forex Indicators Collection
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  #28 (permalink)  
Old 09-28-2008, 08:17 PM
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You will need None

Quote:
Originally Posted by Batoobah View Post
I think it exists, even profitable indicators.
But people won't give them away.
I don't know why this is but it's the way it is
I think the most profitable indicator I've seen is the Fisher_m11 (http://home.arcor.de/cam06/fisher/myfish/Fisher_m11.mq4)
I hope you really try it, it's the best I've seen.

I've spent months and months of daily study and I haven't found any indicator or system that works.

If anyone has a profitable indicator, something that really works, this would be a great place to post it.


Stop searching for the Holy Grail indicator,you just need to learn to read price action combined with volumes(real ones not mt4 ones,you can check representative volumes either at Dukascopy , esignal or any other liquidity provider/data seller that can be seen as representative of market action) at Support and Resistance levels..

Then you can add whatever you want :cycles,Fisher,oscillators,astrology,Moon Phases..whatever you ADD,it will work well ...

Then you have to accept that this is a probability game,so,even if you learn to read the market like a true scholar you are going to have losing trades...accept it,devise a method to acknowledge them and enjoy the winning ones.

Then all indicators will be useful to you...but you will need NONE.
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Equo ne credite,Teucri.
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  #29 (permalink)  
Old 09-28-2008, 08:56 PM
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billaaa777 is on a distinguished road
Forex Made Easy – The Simplest FX Trading System is often the Best FX Trading System

When you think of millionaires you usually consider most of them to be extremely complicated intelligent individuals. Are you aware that the vast majority of millionaires only know how to do one thing? What they have done though is refine and improve their particular process time after time making it a little better as they progress and then repeat the same steps over and over. In other words most millionaires have found one approach to making money and simply repeat it constantly.

The majority of the professional currency traders are extremely aware of this fact and follows this same method to trading. They have found a predetermined time of entering and exiting the market based on experience of past profitable trades and simply repeat this simplified approach to trading endlessly. Forex made easy is not only the most unproblematic manner of trading; it is also the one that can put the largest capital gains in your portfolio.

Now that you know how and why the professional traders are so lucrative, I am sure you are wondering exactly how they do it? The first step is to only concentrate on a relatively few currencies. By doing this you will quickly become an expert with regards to the exchanges you choose to participate in. The second phase of the method is to only trade when the markets are at their most active. There are many reasons for this, some of them are; when the market is at its highpoint it is very liquid and easy to get in and out of trades, you reduce your trading time drastically while increase your concentration level when trading, the swings in the market are less volatile thus reducing your chances of taking a loss and finally at this time trend lines are most likely to appear and be consistent. The third and final stage is to verify a simple trading scheme that produces gains more often than losses and beats the Pip’s.

The Forex made easy methodology towards trading is certainly the most rewarding, least time consuming and most uncomplicated trading technique there is. In fact, it only requires you to develop one step to utilize that is not mentioned above. That is to work out a successful trading system that can be repeated again and again. Today there are numerous commercial educational courses and software systems that can educate you regarding the various practices used by the professional Forex traders. After selecting one the nest step is to refine it so it meets your trading personality and profit expectations. At this point you have all three of the basic elements of Forex made easy in place and are ready to move aggressively and successfully into the currency ma
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  #30 (permalink)  
Old 10-07-2008, 07:18 PM
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deadsoul is on a distinguished road
here you go just from high and low i i can make 200% in one day buy from red line and sell from bold red line and buy from bold green line in 4 hours time frame
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