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Archive for the ‘Forex Psychology’ Category

Profitable Forex Trading Strategy Combining ” Trend-Line & Bullish Rejection Set-up”

…..In this post, I am going to share a Forex Trading Strategy which takes advantage of these 2 important elements happening in the market :


1)  Price ” Bouncing ” Off  A ( Down ) Trend - Line

2)  And Then….. Relying on a ” Bullish REJECTION Zone “ To Acheive A  High Probability ( Low Risk…HIGH Rewards ) Entry..

Read on below as I share this profitable strategy in a step-by-step manner for You !

For a ranging market… ( or the so called Sideway market )…..

We would use a ” Horizontal Line ” to mark out the the important Resistance / Support levels….

Well…that is for a Ranging Market though……BUT how about a ” Trending ” market.. ?

Hmmm….You still can use a Horizontal Line for a Trending market somehow…..

HOWEVER…..by doing that….

….. You would most likely be getting many FALSE signals from the market as the resistance points would be shifting higher & higher…( for an up-trend )…

…as well as seeing Support points ….shifting lower & lower…( for a down-trend )..

So by using a Horizontal Line for a Trending market….it is NOT beneficial at all to help with Your market analysis..

On the other hand…..if You know how to use a Trend-Line ( and NOT a Horizontal Line ) for a Trending Market..

It could help You Pin-Point ” High Probability Turning Point “ to get into the Trend again…..in order to achieve a Low Risk & HIGH Rewards trade.

Which also means You can ” Project A Future Turning Point ” way in advance when You see the Price coming close to that Trend-Line ( once ) again….

( which I would be showing You on this technique below later )

In any trading game, we are ONLY interested with ” Predicting Future Market Movements “…

Because only by accurately doing so……we can then nail those valuable Pips & make Profits out of our trades……( again & again ! )

Agree on this too ?

BUT….

If You’re still unsure on - How to fully  make good use of such trend-line strategy yet ….

…OR simply NOT confident about it at all ( though You have been reading up about it )…

Then after reading this entire strategy today……You will truly benefit tremendously from it.

This is an exact forex strategy that I use to nail 80 Pips Profits on the USDCAD ….( while ONLY risking half the risk at 40 pips )

Ask any trader is this a good risk/reward ratio….

I am sure they would ” agree ” too….* smile *

Alright…let’s get started now ya.

—————————————————————————————————————

A Forex Strategy Combining ( Down ) TRend-Line …..& ” Bullish Rejection Zone ”

( Indeed a Very Profitable strategy with minimum risk….
BUT HIGH Rewards !  …And You can use on Any Pairs too !)

————————————————————————————————————–

The best way to understand & master a particular trading strategy is to learn it through Step-By-Step explanations……..right ?

Not really though !

I personally think that it is more beneficial to learn it in such a way that ..” You’re also SEEING…….what I am seeing in the market “…

…And more importantly - Before the actual Set-up is complete formed ! “

This is essential so that once the ” Proven Set-Up ” is completed in the market…You’re all ready to go in then..

If I just show You the ” Completed ” Set-Up…..instead of the ” before forming ” situation..

Then when You try to use this strategy in the forex market Yourself..

It could pose a challenge to You then…..as You’re NOT sure what to ” expect ” …

And so….. Your inconsistent confident level would be a major hindrance while You’re trying to mater this strategy ….

(…and would definitely prevent You from reaping the full benefits from this strategy.)

So just like all the previous forex strategies I shared with You guys..

This time round I am going to show You in such a manner :

=> From the ” before forming ” to …” ENtry “….to ” Taking-Profit “ & Winning the Trade at last !

Cool ?

Here we go….

—————————————————————————————————————–

This is the ” Exact Situation ” I saw on the USDCAD ( 4 hourly ) for a start :

—————————————————————————————————————–

Upon opening up the USDCAD ( 4 hourly ) chart, I saw the Price approaching the ” Top Limit ” of the Down Trend-Line once again…

When this happens…

I know there is a potentially good ” SHORTING Opportunity ” coming soon for this pair..

Like This :

Forex Trendline Strategy

Forex Trendline Strategy

So upon seeing this ” Price Approaching Trend-Line ” situation..

What should You do next in order to…….. prepare Yourself to look for some good ” hints ” from the market to confirm Your ” SHORTING ” bias then ?

Simple actually…

Just drop down to the ” Next Smaller ” time frame - Which is the 1 hourly for this case..

And then look for a ” Bullish Price Rejection Zone / Set-up “…

There are many such ” Rejection Zone / Set-Up ” You can take advantage of to confirm Your bias to Short / Sell actually..

But for the purpose of this strategy, I will just reveal the exact ” Rejection Zone ” that I use to confirm my bias.

I could not share ALL the ” rejection zone / set-ups ” merely with this short article today..

Which I think You can understand on that too …

In the days to come…..

…. I will share them one by one ( and explained them in the form of ” simple to understand strategy ” for You guys )  as I come across in my own trading …

( This is definitely one major benefit of being my valuable subscriber….! * smile * )

Alright….let’s continue with this strategy for now..

———————————————————————————————————————

So What Kind Of ” Rejection Zone / Set-Up ” Do I Look For….?

….Once Dropped Down To The 1 Hourly Time-Frame ?

——————————————————————————————————————–

Upon switching to the next smaller time frame ( which is the 1 hourly )….

…This is what I saw :

Forex Trading Strategy With Trend-Line

Forex Trading Strategy With Trend-Line

Remember this…

The reason why You are dropping down the 1 hourly time-frame is because You are ” looking for good hints ” to support Your SHORTING Bias…

Again………You are doing this due to the fact that the ” Price Is Approaching The ( Down ) Trend-Line ” on the 4 hourly time-frame …once again..

So without a ” Good Hint “…..

And Without  ” Considering The Risk Involved ” for this position…

Then You are NOT ready to enter the market to SHORT….

The key to be successful….AND  ” making nice consistent Profits ” from forex trading is to secure as many winning trades as possible..

That’s a logical and proven fact…

I am a stronge believer of Price Action Strategies…

And I rely the Price Actions in the market to confirm my bias and then guide me into a certain position I wish to trade..

Why the need to do that ?…….

Are You wondering on that too ?

Nothing complicated actually….but as long as one can extract as ” many hints / Confluence ” from the Price Actions in the market …

The success rate would be ( very ) high end of the day…

What matters most is ” WHAT ” should You look for  that is paramount to Your success….!!

So from this moment onwards……

…I will be explaining on ” WHAT ” am I looking ( or waiting ) for before I finally decide to commit into this postion to SHORT the USDCAD…

Let me show You the illustration again as I explain on some important details here to help You understand :

Forex Trading Strategy Using Trend-Line

Forex Trading Strategy Using Trend-Line

As You can see from the above illustration…

There is ” still some distance away the price is from the ( blue ) Trend-Line top limit “…

Moreover………there are also some ” Pin-Bars ” on that series of candlesticks reflecting
the price actions in the market .

What these current Pinbars and Price Actions mean is that  - There is a ” high likelihood ” that the price will CLIMB further..

Hence, I am reluctant to SHORT at the current Price level…..

…But choose to WAIT instead for ” Better Price & Desirable Price Actions ” in the market..

…..So did my ” Patience ” pays off ?

Yes….indeed !

The price actually climbs all the way to the level where the previous top is..

And then FAIL and ” Get Rejected ” there…..!!

( Proven by a few Bearish Candlesticks reflecting a high-probability of REJECTION at this level )

Here’s an illustration to show You :

Forex Trend-Line Strategy

Forex Trend-Line Strategy

As shown in the illustrations above..

The price climbs all the way and ” stalled ” upon touching the Trend-Line nicely…


But that is not always the case though…

Sometimes the price would pierce through……and then plunge down again…

Sometimes it would not even touch the trend-line ….and the next thing is that it PLUNGED down fiercely …

So the key here is to gather as ” many such hints ” from the market as possible..

That is a much better & ” Profitable ” way to trade the forex market…* smile *

So upon seeing that ” Nice REJECTION ” zone…

And knowing that the ” Risk ( Stop Loss ) ” needed is ONLY 40 Pips..

I know this is the ” set-up ” I wanted..

NOTE : At the same time, I already knew that the POTENTIAL REWARDS ( Pips ) I can aim for with such set-up in the market.  ( which I would be showing You later below )

The Potential Rewards ( after calculation ) is about 150 Pips for this set-up…

BUT….I am just aiming for a conservative 80 Pips for this trade…..( my style ! * smile * )

Good enough as the risk involve is ONLY 40 PIps..

Hence giving me a Reward/ Risk ratio of 2 : 1….

TWICE that is !!

Before I get into the trade summary…

Let me show You ( with illustrations ) on how I calculated the Potential Rewards You can aim for ( that’s how I derive the 80 Pips Take-Profit Target ) :

Forex Trendline Strategy

Forex Trendline Strategy

This Step on ” Calculating Potential Rewards ” was already done so BEFORE I get into my SHORT ENTRY..

It is part of the trading ( or battle ) plan so that the Reward / Risk ratio could be determined way before hand…

And if it is worth it….I will ” wait ” and continue monitor this trade closely as the set-ups unfold in the market…

So as can be seen from the illustrations above…

The Potential Rewards is calculated to be 150 Pips..

And I am just aiming for 80 Pips out of these 150…

Is it consider ” realistic ” here ?

…..VERY ! * smile *

As I intend to trade this position for short-term ( intra-day ) profits..

Hence 80 Pips is already more than enough for me.

Well…perhaps some of You guys might be wondering about this question too :

” Hey Aaron….why don’t You aim for more pips in the range of 150 - 200 pips ?….

Since this is a Down-Trendline…..Why don’t ride the Trend further for more Pip ? “

My Answer for You guys :

Yes…..aiming for more profits in the range of 150 - 200 pips is definitely good….

Especially when this is a ( Down ) Trend-Line….which carries a high probability of Strong Down-Trend..

HOWEVER…..

The reason why I am just aiming for a Short Trem ( Intra-day ) profits of just 80 Pips is solely back-up by some strong ” logical facts ” here though….here it is  :

…See on the illustrations above, You can also see a really STRONG SUPPORT Line for
this USDCAD pair right ?

As long as this Support is NOT broken…..

I will ” respect ” it very much as it is literally NOT wise to presume that it would be broken
for sure…

( One of my winning rule is ” Never Presume ” anything in the market…..remember ? *smile *)

BUT once that Support is BROKEN…

Then YES….I would be aiming for BIGGER Profits in the range of 150 - 200 pips….
OR EVEN MORE !!

Now You know why I am aiming for just 80 Pips for this trade……

Being conservative and respect the support line is essential here.

Trading just 1 standard lot and nailing 80 Pips is already USD$800 profits….

What if You can do it confidently 4 -5 times a month ?

$3,200 - $4,000 just trading 1 standard lot……?

Not bad I am sure…

And if it is a ” High Probability Set-Up & Proven Strategy ” You’re using…

Then it would make the entire trading process very enjoyable too - WITHOUT You having to worry and feeling fearful …which happen to most ..

Right !

——————————————————————–

Here’s the trade details for this position :

——————————————————————–

SHORT Entry : 0.99595

Stop - Loss : 0.99995 ( 40 Pips Risk )

Take - Profit : 0.98795 ( 80 Pips Rewards )

So How Did This Trade Turns Out Eventually ?

Here’s the Answer for You :

This trade intially goes ” slightly ” in my flavor….

But shortly after that…it starts climbing up again and reaching as high as the previous TOP…

Just 10 pips more and it would hit my Stop-Loss for this trade…

( as You can see too above )

Hmmm……Sometimes a small difference of 5 - 10 pips can literally make or break a trade …

Imagine I am not giving any allowance ( extra pips ) for my Stop-Loss…

Then it would got hit and there goes another LOSING trade….
( which could be a WINNING one eventually )…

Hence, whenever I decide on a Stop-Loss , I will make sure I give it an extra 10 - 15 pips.…( especially for such TIGHT Stop-Loss placement )

—————————————————————————————————————————–

For Your Interests :

….A while back, I have written a forex trading tip on ” Strategic Stop-Loss Placement - In Order To Avoid Getting Hit Unneccessary for my fellow readers. If You are still NOT confident about Stop-Loss Placement yet….. ( and have not read on that tip I wrote )…

=> You can still read the entire Stop-Loss Technique here

( ….Please do it AFTER You read through this strategy as it is NOT good to disrupt the FLOW when learning a new forex strategy ! * smile * )
——————————————————————————————————————————

Alright….back to the last stage of the trade progress now..

This SHORTING trade last for slightly more than a day before my Take - Profit target
finally hit….

And if You notice too..

The ” BEARISH ” action only starts after the 3rd Tops.

Which is also known as a ” Triple Tops ” formation in the market…

Note how ” BEARISH ( Long & Full ) ” those candlesticks are after the 3rd Top…

Price actually PLUNGED down aggressively with no break/retracement at all..

What does this shows ?

It shows that there are big ( volume of ) funds pouring into the market to SHORT this pair as well…at that price point.

Where did those BIG Funds coming from ?

Obviously from the major banks, institutions, hedge funds….and combined power of both Professional & Retail traders …..right !

…..Those BIG Players are watching such Trend-Line too !

So it definitely pays to understand & eventually master this forex strategy on Trend-Line trading..

Combining with ” Price Actions in the market ” to seek for HIGH PROBABILIY REJECTION Set-up……

…The Winning % can be really astounding most of the time !  * smile *

And now You know…..

I would consider the above strategy a very simple one in fact..

( But ( very ) Profitable at the same time ….)

The key is to know ” what to look ” for when a price hit a Trend-Line LIMIT - In order to support Your bias to Short/ Buy..

After that…weight the Reward/Risk ratio to see if it is feasible to trade it..

That’s about it.

The beauty of such strategy is that You can use it on almost ANY currency pairs available on Your trading platform..

Why ?

Because it has been proven to work on them !

NO Technical Indicators needed….

NO Complicated Trading Systems needed…

NO Need To Read Tedious Financial Reports / News..

Isn’t it ( really )Simple after all…?  LOL

If You are not confident yet……

Do not give up..

Just learn bit by bit progressively…

Soon You can also get the ” full PICTURE ” and finally ” GET IT ” too..

——————————————————————————————————————————

Here’s the earnings screen-shot with ” Entry, Stop-Loss & Take - Profit ” to share :


( 80 PIps from this trade = $2,435.04 Profits )
—————————————————————————————————————————–

A Profits amount of $2,435 + might not be “  alot ” to some traders…( whom are trading a much bigger lots size than me )

BUT………when these small profits in the range of $2,435+ could be achieved consistently ( again and again )…..3….4…..5….or even 10 times in a month…

That would already amount to more than $10,000 - $20,000 profits from forex trading…


That also explains why I always advise those traders starting out …… to start small and build up their account size progressively by winning ” Realistically Small Profits ” but consistently…….

( Training Yourself to aim for 50 - 100 pips is a good target for short-term trading as it is within the daily average range for most currency pairs  )

This would enhance Your trading skills and confidence in no time….. as You guys trade more and more in the LIVE market..

The Big ” V -Day ” ( Valentine ) is round the corner as I am done with this winning trade on the USDCAD..

Grabbing a nice Profits of $2,435+ from this trade………

And the BIG ‘ V ” day near…

Definitely this amount would come handy now…..right !

Especially when my wife has already hinted me about that particular ” CHANNEL ” handbag she has been eyeing all these while !!!

Good time to pamper our love ones on this special occasion…

Am sure You would agree on that too ….* smile *

Making Nice Profits and income from the forex market feels good…

But it would be even ” BETTER ” if we can use the money to make our love ones HAPPY at the same time……..agree too ?

” Smiling with a wide GRIN on my face now…. “….

Alright….so much for this profitable forex strategy on :

“…( Down ) TRend -Line Combining With A Proven Bullish REJECTION Zone “…

If need to….do make sure You read it again and fully understand it ya…

This is to ensure that You would NOT get too confused while trying on a DEMO account after that…

Happy practising and trading in the meantime..

I shall send You more forex trading strategies & tips in the days to come..

Thank You for reading this far too.  * smile *

To Your ( absolute ) FOREX SUCCESS,
- Aaron Tan ( your trading friend )

Want To Make Good Profits Trading The Forex News Announcement ? Learn This Effective News Trading Strategy Then

Forex News Trading Strategy Combined With Price Actions

If You have been trading the fx market for sometime now…

Then it is already NOT new to know that Fundamental News is one of the main driver of crazy & wild price swing in the forex market…

That’s right…..Crazy, Extremely Volatile price move of at least 200 - 300 pips in just a few hours is very common with high impact news announcement.

That’s because the big players, major institutes and banks would use the results of such news announcement to decide whether to buy / sell into a currency pair/s.

Moreover, these news also directly reflect the economic health of a certain country.

So big time traders who are holding onto these currency pairs ( as assets ) would be very much affected by the economic data.

This explains why economic news announcement carries a lot of weight and impact for any traders in the market……

BECAUSE…. their results would lead to EXPLOSIVE & MASSIVE movements in the market.

When that happens, you and me can go in and make some really nice Pip ( profits ) definitely.

And in this article today :

I will be sharing on one of the highly - effective & time-tested ( again and again ) strategy to ace such highly volatile news announcement & increasing Your winning probabilily significantly.

Many traders already knew that trading the economic news announcement in the forex market can be very predictable and profitable…..in fact.

Well after all, the market moves simply due to traders’ bias on a certain currency profitability factor ………..right !

BUT…..the sad fact is that most traders are literally doing it all WRONG.

They tried to trade a few times…..maybe managed to win some…..lose some..

But end of the day, they are LOSING more than they win….

….So these losing traders would think that trading news in the market is NOT as easy as it seems……..NOR is it as profitable as they thought after all.

They then give it up totally and FAIL to enjoy the enormous benefits that could be achieved with trading the economic news.

While on the other hand…..some traders ( who are in the KNOW ) are secretly grabbing those valuable pips by trading the news released each week…

Making their trading account fatter and fatter progressively….

So if You’re one such trader who failed to master news trading previously……

Or……. You just want to know how to trade such volatile & profitable news announcement confidently each time….

Read on below as I share one such forex strategy on news trading - With High Accuracy.

Here we go…

Learn Highly Accurate News Trading Strategy :

For any strategy that I am using to profit the fx market..

I would ” for sure ” based it around the more powerful Price Action strategies.

Nothing can beats Price Action strategies in terms of  Reliability, Effectiveness & Profitability.

( That’s provided You already master it of course…)

So for this news announcement strategy, I will be combining these 2 elements :

1)  An Actual News Announcement Results For A Certain Currency


However, do take note that NOT ALL the news announcement are profitable for trading though.

I only look for those that are either ” Very Good …or Very Bad “…

Because when this happens, there would be ” Reaction ” from the big time traders & players…

So it would eventually lead to BIG Movements in the forex market as well…

More on that later below with examples

2)  Using Price Actions For Optimum Entry & Increase Winning Odds

Price Actions are the core data in the forex market !  No doubt….

….. and it is the closest ” hint ” any traders can siphon from the market for his/her decisions marking process.

This is due to the simple fact that Price Actions that exist in the market is very reliable and they are NOT lagging.

They are the TRUTH of the market.

So when……. WHAT You see in the market is the actual ” truth “, it would help You make More Reliable & Accurate decisions too.

That’s about it.

For this news trading strategy, I will be trading the AUD/USD..

Because the News Announcement is for the Australia Trade Balance

It is scheduled for release on Jan 11th at 0030 ( GMT )

However, the ACTUAL Result turns out to be Much Worst ( LOWER ) than the Consensus.

Here’s a screen-shot to share with You :

forex news trading strategy

forex news trading strategy

When that happens, I know there would be some good pips to be grabbed out of this trade.


Remember I told You earlier one that we are only interested with either :


….. ” A very good OR A very bad ones ” for any news trading.

So for this one, the ACTUAL Result is much ” Worst ” than the Consensus..

Hence, it is a bad one for the Aud/Usd…..& our bias is to ” ONLY ” Short / SELL this pair.

Continue reading below as I show You :

1) How to spot for the profitable price actions for optimum entry

2) How to determine what stop-loss & profit-target to use for good reward/risk ratio

Here’s the exact Set-Up I saw Just Before The News
Announcement
At 0030 GMT …..

forex news trading strategy

forex news trading strategy

This is the set-up I saw at 0030 GMT - which is a litle ” Doji ” implying UNDECISIVE-ness in the market.

A very common candlestick formation prior to any impactful news announcement.

At the same time….there is also another good ” Confluence “ which I saw from this chart too.


Can You also spot it like I do ?

Nevermind, let me save you sometime for now and just show it to you below :

forex news trading strategy

forex news trading strategy

Yes, a nice ” Down Channel “ has been spotted too when I plotted the 2 trendlines as shown above.

So with the such ” Down Channel ” showing +  Exact news release WORST than actual…

It is a very STRONG  hint that our decision to ONLY ” Short / Sell “  is much supported.

HOWEVER…..as always…..

I Do NOT just jump in and SHORT like that…


I would wait for a better price to get in for my sell though.


A good entry would be the 50% Pullback definitely.

If you have been following my forex tips and strategies so far…

You would known very well by now that I place a lot of emphasis on Price Pullback for all my trades.

This is very essential to achieve a Good Reward / Risk ratio.

And so I waited.

Indeed …..shortly after the news announcement, the price actually CLIMBS to the 50% fibonacci level !

After 60 minutes, the Price Pullback completed by forming a Bearish Candle.

Which is a good entry point for me by seeing that.

Like This :

forex news trading strategy

forex news trading strategy

As You can also see from the above illustrations too…

The Price hit the 50% Fibo line and bounce nicely off it…

Exactly the kind of set-up I normally would like to trade.

I enter to SELL at the price of 0.99360 ( after closed of that bear candle )

Stop- Loss set at 0.99560 ( 20 pips risk )

But How About The Profit Target ?

Just anyhow guess number ?

….Or don’t need to set at all….just see how it goes ?


Hmmm…that’s NOT my trading style..


I prefer to use the chart to derive a ” Logical ” Profit Target though.


Here’s how :


As we already spotted a Nice ” Down Channel ” previously…

So I would be using the ” Lower Limits ” of the channel for my Profit Target definitely.

forex news trading strategy

forex news trading strategy

Here’s How I Derive The Price Target :

forex news trading strategy

forex news trading strategy

I set the Profit Target just ” slightly above ” the lower limit of the channel …

And that is at the Price of 0.98860.

I do not want to set exactly at the lower limit but ” slightly above ” it instead.

This is being conservative and making it a more ” realistic ” target to be hit.

My trading style ! * smile *

Alright, let me recap the details for this trade once again :

-  Entry at Price 0.99360

-  Stop- Loss at Price 0.99560  ( 20 Pips Risk )

-  Profit Target at Price 0.98860  ( 50 Pips Rewards )

With these parameters, I am getting a Good Reward/Risk ratio of more than 2x.

Definitely a good one.

So How Did This Trade Progress After That ?

Check it out :

forex news trading strategy

forex news trading strategy

The Profit Target was hit after about 45 minutes of trading after my SELL entry.

In fact, if You see the chart above too….

You can also notice that the candle are really BEARISH with those Long Candles one after another.

And they happened shortly after that 50% Fibonacci Pullback which I am waiting for .

But why does this happens ?

Why the Price literally PLUNGED so fiercely ” shortly ” after that Pullback ?

Very simple here…..

…. And that’s because those BIG time traders & institutes, MAJOR Banks & Majority of retail traders ( like me and YOU ) are also watching such Fibonacci Retracement Levels.

In any trading game, as long as You’re following the MAJORITY…

You are going to be enjoying those Profitable Rides Of Pips too….

……& GROW Your trading account progressively !  * smile *


Here’s the earnings screen-shot for this trade to share :

( with the Entry price, Stop-Loss & TP point )

forex news trading strategy

forex news trading strategy

A nice profits of Usd $2k for this trade.

Spending about 2hrs+ in one morning….

Not too bad isn’t it ..?

Normally about this time of the morning between 8am - 10pm, I will be spending on workouts.

Either at the gym or pool downstairs.

But for today, I have to skip that because I am watching this news announcement which scheduled for release at 0030 GMT ( about 0830 am in Singapore )

The Set-Up is too good to give it a missed actually….* smile *

I missed my exercises for one morning….but made $2k for this trade…

Worth it at all ?

You tell me ….* smile *


So What’s The Conclusion For This Trade Then ?

You seen the results ( & profits ) from this AudUsd trade based on news trading strategy.

You seen the entire decision making process as well..

Is it hard at all ?

Yes and NO….right ?

Yes…it is hard IF You don’t know how to do it…

NO…it is NOT hard at all but rather EASY once You can see things like I do……

Agree as well ?

So my conclusion is that - IF You are NOT confident in trading such volatile & highly impactful news announcment yet…

Perhaps spending a little bit more effort to master what You should then…

It would definintely PAY OFF and reward You very well in the long run too .

Remember this :

- A very bad or very good News Announcement..

- Combined with Simple Price Actions in the forex market..

It can really give You a ( Very ) High Winning Accuracy….no doubt about this.


No point worrying about getting caught in the WRONG direction because the market is too volatile..


There’s no need to be feeling fearful or worrying about Your trade at all - Once You can
combined these 2 Critical Elements for such News Announcement trades as well.

Alright. So much for this strategy on :

Combining Fundamental News Announcement + Simple Price Actions in the market


Practise it…..Master it…

And then add this Powerful news trading strategy to Your arsenal - To help You profit from the forex market with high confidence & accuracy in no time !

————————————————————————————————————————-

Recommended News Trading Program

- For You Guys Who Are Serious About Learning More

News Profiteer Program

news profiteer guide

news profiteer guide

This News Profiteer program is created by a professional trader name Hentry Liu.

Whom successfully Profited more than Usd$100k in just 90 days solely trading fundamental news..

Spending only 2 hours daily from home.

And now he has created an ebook which explains the exact same news trading strategy and made available to help other traders in need.

Having read through the 100+ pages ebook, I must confess that the news trading strategies revealed in there are actually ” Very Unconventional & Unique “.

I have not seen them anywhere else …….no joke.

Also, as a member, You will also get his daily LIVE ” insider ” commentaries & tips on trading
the
upcoming news release.

I know there are a lot of merchants out there that simply ” disappear ” once you purchased their program.

But not for the case of Henry’s news profiteer program.

He is always around contributing his ” insider ” tips to help and guide fellow members along.

Worth checking out…… if You’re serious about learning More Effective, Proven & Time-Tested News trading strategies to ace the fx market.

Here’s the link for You to read more on the News Profiteer Program :

=> http://www.forextradingempire.com/recommends/NewsProfiteer/

Happy checking out ya.

Thanks for reading this far.



Sincerely,
-Aaron Tan ( your trading friend )


Forex Psychology #1 - Do You Even Have The Intention To Succeed With Forex ?

Intention To Succeed Forex

Intention To Succeed With Forex

Having an ” Intention ” to succeed with Forex Trading is indeed a very important factor..

In fact….it applies to everything we wish to achieve in life - Be it some goals or long term plans you have.

If You ” Intend ” to be successful with Forex Trading…..it will happen.

On the other hand….if You do not intend to make it happen, You’ll simply settle for whatever that comes along..

Which means trading half-heartedly and not taking the entire trading business seriously

And in the forex market, the probabilities are that You will keep losing money ( and even bursting the entire account ) unless You have the ” Intention ” to be successful.

Basically…whenever anyone ( like You and Me ) begin venturing into the forex market…

He/She already got to make a choice..

That is :

Is he/she going to be a frustrated & losing trader ( just like the 95% ) or be a happy & successful trader ( like the top 5% )...? ”

The cruel fact that hold true in the market for many years states that 95% who venture into the forex trading business…would lose all their trading capital in the first 6 months !

That’s simply due to the fact that ….- The Market Will Not Stop Anyone From Entering Into This Volatile Market In Anyway. As Long As You Have The Money To Start….You’re Welcome To Join In The Fun !

The Market Simply Does Not Care About Whether Are  You ” Ready ” For Live Trading With Real Money Or Not……

Let me give You one good example here …

Say if You are interested to go diving…..You would need to go for a basic diving course to get certified at least before You can venture into the deep blue sea right ?

For anyone that is stupid enough to go diving without knowing how to neutralize the air underwater or operate the oxygen tank but still press on  and even stupidly dive to 20M deep….

He/She is basically courting death here….

Worst….if he/she don’t  even know how to slowly ascend to allow the nitrogen in Your blood to dissolve away but only quickly climb to the surface can even suffer a serious situation called the ” BEND”…

A very painful process where the nitrogen in Your blood are forcing to go out due to higher pressure escaping as You ascend and  when it does explode….You really Do Not want to imagine how painful or fatal it is….

Diving Is Like Forex Trading

If You’re lucky to receive medical help in time….You might escape serious injuries or even death.

This is the same to trading Forex as well.

For anyone who’s ” ignorant ” and do not have an INTENTION to succeed - By learning proven strategies , good money management and having the right mindset..

They would only get hurt & burn by the market causing them to lose money again and again….till they develop a fear of trading and give up!

Although it might not be a life or death matter just like diving…

But for some people who actually fund their trading account with money they CANNOT afford to LOSE…

And ended up losing all of it…..

It could have a very detrimental effect to them….and it could also be as ” bad ” as the end of the world for them too !

They have just blown up the account and losing ALL their hard-earned money or savings in the process…

By then…..it is already too late as the market is ruthless…..it is very cruel….very heartless..

It would NOT take any pity on You and give You back those hard-earned money just because You are sad or angry.

It would not happen that way definitely !

At this point while reading this article…..if You have not blown up any account/s yet….although You’re struggling to break-even every single month..

Then consider Yourself lucky perhaps….

After You go through this article, maybe it’s time to ask Yourself  this :

” Do I Have An Intention To Succeed With Forex Trading All Along ? ”

” Or….Do I Trade Forex Because I Just Want To Get Rich Quick..? ”

…More Importantly :

1)   Do I Have A Set Of Proven Strategies To Follow ..?

2)  Do I Practice Good Money Managements  or Just Trying My Luck Everytime..?

3)  Do I Use Good Risk/Reward Ratio For Every Trade I Took ? “….

At this moment…..if there’s even a single ” NO ” to any of these 3 questions having asked Yourself  TRUTHFULLY…

Then it is time You get ” REAL ” about Your INTENTION to succeed with this Forex Trading Business..

End of the day….without a ” STRONG INTENTION “….it is seemingly impossible to achieve consistent success with forex trading - Which Is A Fact !

I am sure most traders have already in their arsenal many proven trading systems and methods….but they are merely breaking even ( or struggling to break even ) every month…

This is because what is needed to be a consistent, long term profitable trader goes way beyond being able to read charts or following any forex trading strategies or methods..

If You know You have the strong desire to enjoy the tremendous financial return from forex trading…..

BUT…..at the same time….You’re still feeling the anxiety of the risk involve and sometimes don’t even know why You’re entering the trades…

Then Your ” Intention ” to succeed with this entire Forex trading business isn’t that clear yet…..

Maybe something for You to ponder again after reading this I suppose…? * smile *


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