Hi guys I would love to share with some of my forex insights and techniques through this journal. The objective of this thread is to record my performance employing this technique and enhance my dicipline by having interaction with all fellow forex traders innigeriaforextradingconcerning the techique. Its a simple method but if used wisely, it can create opportunities too. Just like any other techniques. It includes strict MM plogy.

I expect to interact with all forex traders here and any comments and discussions are welcomed.

Technical Analysis:

- Using 10, 20, 50, 200 EMA.
- For bull markets, EMA should be align/ ascending accordingly. (there are some exceptions)
- For bear markets EMA shud be in decending order (reverse of bull)
- 30 mins 1 hour chart.

Entrance:
- On the 10 day EMA.

Profit goal:
- 32 pips per transaction

MM:
- 3 percent of funds

Remember this technique when used wisely, it can generate up to 100% yield per month, but it still depends per forex traders moment too,'nothing is effortless'. I do not randomly use stop/losses or incur high risk. Just a mere 3 percent.

My main tool will be Eur/Usd. Another nutritional supplement will be Gold market.

Plogy

- Time is your friend if you would like to trade forex succesfully, the more effort u put in, the more u will get out of the market and find'first-hand' opportunities. It takes time to get there. Therefore I emphasise trading timing will be a significant part in trading plogy, my trading period will probably be about 7am - 9pm Eastern Time, depending on certain times where im active. =-RRB-
- Another element to consider consideration is, not all of trade setups are tradable, there are certain conditions we want reevaluate before entering a trade, which ones are qualified and which aren't I will talk about it when there's a installation happens.

I hope you guys enjoy your stay here, hope u get some thoughts and Happy Trading! Bring prosper for you and your loved ones. =-RRB-


DISCLAIMER: Forex trading is high risk and you must just use capital which you can attempt to make investments. This thread is NOT a trading signal and is plan to use mostly for discussion purposes the founder's own use. Do not intend to trade without an idea of what you are doing. The idea of the creator is his own and not an advice to other people to enter a trade.