Monday 13 January 2014

Forex pinbar magic - high probability, low risk trading!


forex pinbar magic - high probability, low risk trading! is from: ed derovic date: thursday 8:30 am so here's a common question: why do most forex traders lose money? because they don't follow a proven system that makes money. And when they follow it they don't stick to it. They diverge into trying new strategy after new strategy as soon as one strategy hits a losing trade. They keep on looking for the holy grail. Looking for a 'no loss' system that will always win and never lose.

well let me reveal a well known secret to you. There is no such system that never loses there can't be, its impossible. Actually, it is possible if you're willing to wait forever, but who's going to live forever? imagine someone that bought gbpusd when it was at 2.100 a few years back. How long would they be waiting to be bailed out? trust me, you don't want to put yourself in that kind of a position.

a recent study that fxcm did of their traders concluded that over 50% of the trades taken on their platform were profitable but only about 35% of traders were profitable

they're risking more than they're winning they might risk $100 every time and then making $50 when they do win. They may win 60% of the time, but the 40% of the time they do lose, they're losing much more.

so the hole gets bigger and bigger and they don't know what they're doing wrong. successful traders - you know... The ones that makes a minimum of 6 figure incomes - they have these two understandings ingrained in them:

now lets face it, some of the systems that have worked for centuries still do work like pinbar systems

so why don't we use them? because they're not sexy most traders know them and probably use them sporadically but as a means of entering and exiting a market, oh no no no. You see, the real reason less traders are using them is because there are a lot of things to monitor and they take time to develop.

but what if i told you that i've got the solution to this problem? this is an indicator which you can place on any timeframe, any currency pair and it will provide my optimized settings for identifying the highest probability setups in any currency pair

it will pin point the most likely reversal points in the market. you'll get an instant download so that you can start using it immediately. This is what you'll get: install the indicator on your mt4 platform and start benefiting from: but that's not all, you'll also get: explain module two in a couple of paragraphs here. Why is it so important, why is it in your course, and why is this the first module in the course?

now that i've completed this module, what will i have, and what's the next logical step after that? self-discipline is a key key key element of success with any type of system. This ebook will provide you with a blueprint to help you get there quicker and, most of all, stay there

with this information and technology you will be equipped to start making high probability trades with a high reward to risk ratio so you will be making money for most of the time and when you do lose you'll be losign much less than you risk.

just buy when you get a buy arrow, place your stop loss below the bar where the arrow is and take profits at a minimum of 1 x risk.

then just sell when you get a down arrow, place your stop loss above the bar where the arrow appeared and take profits as they become available.

you will make money if you follow those rules. in fact, i'm so confident you will, i'm giving a 60 d...Read More detail

forex pinbar magic - high probability, low risk trading!


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