The last system we are going to cover is called MACD divergence. With this trading system you can trade any currency pair (I suggest EUR/USD and GBD/USD when you start), and you will always trade with 1 hour or longer term charts. This system can be used to make trades that you will hold for a day or two with the hourly charts. It can also be used with longer term charts to make longer term trades. With this particular
The next system we need to cover is the breakout system. This is one of my main trading methods, and I trade it across multiple currency pairs and usually on the 4 hour charts (it works with longer terms if you can handle the bigger stops). With this particular system I do suggest you back-test it manually on the charts. I can personally speak for the profitability of this system, but the first thing you need to do is learn
Our next trading system is a fairly simple method to squeeze money out of the market with short terms trades. With this one we trade the five minute charts, and we rarely hold a trade for longer than 20 minutes. This system requires a little discipline not to over trade it, but if you learn this one well it will consistently earn you profits. I personally use this one on a daily basis, and I consistently squeeze 30 – 50
When it comes to trading Forex, you’ll often hear a trader talk about “their” trading system. That is, their one system that they consistently use to earn Forex profits. Having a stellar trading system is all good. You should have a main system that you trade with consistently; but, there’s one major problem with getting into the “my trading system” mentality. Trading one system may earn you profits over time, but the real secret to Forex mastery is actually mastering