Indicator Forex
Hans Breakout Indicator Forex
Chapter I: Introduction
I.1. Why MagicBreakout? 3 Learn what makes the?MagicBreakout strategy different and?magic. I.2. What is really a “breakout”? 3 Identify “good” breakouts and “false” breakouts. Good breakouts result in nice profits, but false breakouts turn back to losses. The next paragraph will reveal the secret why false breakouts more often occur and who is responsible for that phenomenon. I.3. The secret behind false breakouts 4 Have you heard about the old famous?123-Pattern? Have you ever tried it? Have you tried to trade breakouts? Forget it. Let’s explain the insider’s secret why most traders lose money trying to catch the breakouts. Let’s discover the myth. I.4. Julie comes with a genial solution: Enter the breakout before the crowd! 5 This is the heart of the?MagicBreakout strategy. Julie has found a tricky way to distinguish between good breakouts and false breakouts. Moreover, her eyes see a breakout before it happens!?”Amazing, I can’t believe I’m doing this!”
Chapter II: Entry
II.1. Chart setup 6 Prepare your chart. II.2. Entry rule 7 Enter the market only when your system tells you. Emotionless trading.
II.3 Practical implementation 9 Recognize a valid entry step by step.
Chapter III: Exit
III.1. Chart setup 11 Prepare your chart. III.2. Exit rule 12 Remember: Exit is much more important than entry! Knowing when it is time to exit the market is a very important task. Some traders get out too early of a winning trade because they do not follow a given system. Some traders enter the market and then they nervously watch the chart and ask themselves: “Should I close the position now… or NOW?!”. Their emotions control their trading and they consistently lose money. Remember, it is a discipline that separates winners from losers.
Chapter IV: Maximize your profits and achieve exponential earnings 13 If you strictly follow the money management rules, it is a very easy task to become a Forex millionaire in a relatively short time. Can’t believe? Let us show you the math.
About the Author
Why Adding Indicators Can Hurt Your Forex Trades
|
|
Better Trading With The Guppy Multiple Moving Average Workbook video featuring Daryl Guppy $49.99 The Guppy Multiple Moving Average indicator reveals the behavior of traders and investors by illuminating the character and nature of the trend. When you understand these elements, you have a significant edge over your competitors because you are then armed with the ability to select the most appropriate trading strategy. We start with indicator revision notes and provide examples of breakout, dow… |
|
|
Stikky Stock Charts: Learn the 8 major chart patterns used by professionals and how to interpret them to trade smart–in $7.28 Read this book if you want to…. make intelligent investment decisions . minimize losses and maximize gains . time when to get in and out of investments . surprise your friends with your insight into the markets . take your first steps to understanding the world offinance. Stikky Stock Charts uses a simple, pattern-based learning method to bring a valuable skill to anyone with a ruler and an hour… |
|
|
Expert Advisor Programming: Creating Automated Trading Systems in MQL for MetaTrader 4 $26.25 Finally, the first comprehensive guide to MQL programming is here! Expert Advisor Programming guides you through the process of developing robust automated forex trading systems for the popular MetaTrader 4 platform. In this book, the author draws on several years of experience coding hundreds of expert advisors for retail traders worldwide. You’ll learn how to program these common trading tas… |
|
|
Reading Price Charts Bar by Bar: The Technical Analysis of Price Action for the Serious Trader (Wiley Trading) $35.95 While new technology and complicated theories promise to take your trading to “the next level,” the truth is that long-term success in this field is rooted in simplicity. That’s why Al Brooks has created Reading Price Charts Bar by Bar.With this book, Brooks—a technical analyst for Futures magazine and an independent trader—demonstrates how applying price action analysis to chart patterns can … |
