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This is my first post here but I've been trading forex for a good few years now.
I've written a simple e-book outlining one of the methods I've been using recently with success and I've attached it below for anyone interested.
The method uses the daily charts - best for those who can't spend a lot of time in front of the screen. The book is written with the new trader in mind, but anyone who's looking to use the daily charts more might find it useful too.
It comes with no promises of riches, just an outline of what worked for me and pointers to take it further. Feel free to post any questions or comments about the book here and I'll do my best to answer them.
Like you recommand in your PDF i start whit 3 pairs.
GBPJPY, USDCAD and EURUSD.
I get a valid signal on GBPJPY.
There is my result.
Pipetrader,
Thanks for posting your chart. Couple of things...
Are you on demo? if you are then, as I say in the pdf, trade as many as possible.
On my charts the cross happened on Sunday night and entry at 238.09. You should then be looking either to get out at 240 resistance or use your 70% ATR trailing stop. I notice from your charts you get the "Sunday candle" - this will mess up the crosses (hence the "v" shape). Download a new MT4 package from another broker.
Both books were written by me with great help from other traders' insights and I thank them for it.
Yes, I use the e-book as a way to increase exposure of my site and I see nothing wrong with that. I'm not selling snake oil, I'm offering rebates.
I know comments like these are background noise but choose your words carefully (yes, it's very easy to insult others from the safety of your room). I operate with complete openess and integrity, my business relies on it.
Thanks to all who have posted comments here and those who have emailed me directly with kind words.
Both books were written by me with great help from other traders' insights and I thank them for it.
Yes, I use the e-book as a way to increase exposure of my site and I see nothing wrong with that. I'm not selling snake oil, I'm offering rebates.
I know comments like these are background noise but choose your words carefully (yes, it's very easy to insult others from the safety of your room). I operate with complete openess and integrity, my business relies on it.
Thanks to all who have posted comments here and those who have emailed me directly with kind words.
Michael
may be ,you can add more brokers,on your site,to sign up with,all there on the site defintly bads