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Thursday, July 5, 2007

Forex Trading: The Simple Forex Trading System...

Every trader have their own trading system that could be considered in every trading position that they would take. One of the forex trading system i have been posted before.

Different trader, different trading system. You could choose your favorit trading system that you use in the forex trading. As long as you believe that your trading system work, you could use it.

My trading system is so simple, and works with my trading style. I am the desperate trader and sometimes makes the agressive and speculative trading if my technical indicator indicates whether the markets hikes or not.

I use the Candlestick, Time Series Forecast(TSF), and the Hillbert Transform Trendline (HTT). Before makes the Long or Short position, I am looking at that three Indicator. I used to see the charts in 4Hr, 1 Hr, 30M, 15M period of time. (The TSF set up in 10 minutes, HTT set as default)

Regarding the 30M period charts, the long position takes when the TSF cross above the HTT. If the price are above the HTT and TSF the trend is normally up.

The short position takes when the TSF cross below the HTT. If the price below the HTT & TSF I consider that the markets trend going down. Look at this picture below:


We closed the position when the candlestick cross the TSF value. The Long position considered to be closed if the candlestick indicates to moving down and cross the TSF, and vice versa. Remember you could try this system with different time period, I myself usually take the position basically on 4 Hr, 1 Hr, 30M, and 15M period of time. I used this system to trade the GBP/USD, and works 70% for me...

Press Release

Forex Signal Trading Results


Date(GMT)ProfitLoss
Jan 2503.40+150pips-
Total Results15.00+650pips-50 pips
Since June 13th 2007

Disclaimer

Forex, Futures, Options and Securities trading has risk of loss and may not be suitable for all persons. No system can guarantee profits or freedom from loss. We make no claim to the accuracy or timeliness of any information contained herein.Investors should obtain individual financial advice based on their own particular circumstances before making an investment decision on the basis of the recommendations in this website. FXidea will not be held responsible for the reliability or accuracy of the information available on this site. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.