Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. Its absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
-----------------------------------------------------------------------------------------
//////////////////////////////////////////////////////////////////////////////////////////////////////// This thread is being set here to show ,,,
-potential set-ups that I am observing to be used as a trading system ......
---------------------------------------------------------------------------------------- PLEASE DO NOT CONFUSE THESE CHART POSTS WITH
TRADE SET-UPS AS BEING RECOMENDATIONS. (They are not !)
------------------------------------------------------------------------------------------
They are all Technical by their Nature.....
These trade set-ups are not being chosen with any fundamental consideration, only the chart patterns themselves are being put into a perspective
of ELLIOTT WAVES or FIBONACCI RETRACEMENT LEVELS ..... ,
- Also considered is the Visual Illustration of Significant Multiple support or Multiple resistance areas
to give one a sense of where price may be headed ..
Now, Please be aware that some of these
TRADE SET-UPS WILL NOT MAKE IT ,, So To Speak .....
This is where the understanding of Risk to Reward comes in ....
----------------------------------------------------------------------------------------
One must learn to separate the terms, RISK TO REWARD from the termMONEY MANGEMENT ...
though similar ,,,,, THEY ARE DIFFRENT TOPICS ONTO THEMSELVES !...
--------------------------------------------------------------------------------------
THE IDEA HERE IS TO BE IN TRADES WHERE THE RISK IS say 3- to-1
(for example )
We are talking about finding trades that the objective to get out of a trade is 3 times
greater than the amount of money you would Risk on that individual trade .
The Risk is determined
by the difference between,,,the Entry price and the Stop price...
This is the Risk.…………………………………………………….
On the other hand ...
Money Management is based on how much CAPITAL you have trade with,,,,,,
which determines how many shares or contracts or Lots you should purchase
to enter the trade ....( This is also called Position Sizing . )
My hopes are you really learn to understand this Principle .
////////////////////////////////////////////////////////////////////////////
------------------------------------------------------------------------------------
Do Your own Research ………………...... Here's my Research ,
-----------------------------------------------------------------------------------
The Charts by Marketwavez are simply Elliott wave-counts that are believed to be what a
market is tracing out.Wave counts are highly subjective,and definately not 100% reliable...... Wave-counts also vary from one person to another who may be anlyzing the
market and can also vary based on the time frames that are being analyzed .....
It is not for everyone . –
-Only for those who understand that
the only true Holy Grail of trading is learning how to manage Risk vs Reward .
-----------------------------------------------------------------------------------------
TRADE AT YOUR OWN RISK…...........The purpose of these charts is to point out
significant highs and lows based on Fibonacci Retracement lines and Elliott Waves .
This information is for educational purposes and should not be considered to be
trading recommendations.-All trading decisions are your own sole responsibility …
-----------------------------------------------------------------------------------------
Last edited by marketwavez; 12-13-2007 at 12:34 AM.
Linear Mode
