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You can find out the most important bit of information by examining daily open price.
According to daily open price, you can easily predict the trend direction for the rest of  the day (downtrend, uptrend or sideway).
High and Low daily prices for a present day are not much of the help. You can’t know this info before the day is done, but what you can do is to look at the high-low from previous day. This way you can gain additional information about the price.
Since daily open price plays the most important role in technical analysis, thus the future price action, I am going to talk about it the most in the following part of the course.

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bwadd100 wrote:


OK ,,,  I Have an EA with serious Potential but I NEED YOUR HELP!..
sigh... there i finally said it!

This EA makes Money.. and has been tested live.. See Results. but i have not been able to make it as safe as possible. 
What does that mean? I though you said it makes money Bro... I know what your thinking..
there are some trade that have draw down. because of trend change.. so its not FOOL Proof yet. 

I need coders , ideas, back testing , forward testing and the biggest brain power ever.. lol

I have be trading for over five years and love the automated trading idea. I started this EA.. well lets say i came up with the idea and started working with coders about 3 years ago.. i have had a lot of hands in this so the code is not just from one person..

Wait, lets go back.. This EA Started as a simple MA Cross over system.. THEN.. I said to my coder... WHAT IF WE ADDED THIS?
and he said.. pay me and I will coded it.. and that why THERE ARE SO MANY PARAMETERS lol.

This EA is for all time frames, for scalping and long term/swing trades.. its up to you. I like the scalping.. 

I'm not a pro poster so this is my first time posting anything.. 

I will provide results for all 10+ versions of this EA.. it has gone through so many changes.. and i will Explain all the functions to my best ability.. i will provide original sketches that i sent to coder and any notes as well. TOTALLY TRANSPARENT.. 


LETS pool together to make something GREAT>> below will be markers of important post and notes. 



lets begin!! fasten your seat belts! Welcome to the land of MINIBites!


Full Initial strategy Found Here !!! This is only the beginning! There are a few things I omitted. but may still work. Please ask questions! Give thanks and rate please. [/size]


EA not attaching to charts at all. Can you check why or maybe it has error

Go to forum: ► 5,000 + FREE Forex Robots Go to topic Go to post

OK ,,,  I Have an EA with serious Potential but I NEED YOUR HELP!..
sigh... there i finally said it!

This EA makes Money.. and has been tested live.. See Results. but i have not been able to make it as safe as possible. 
What does that mean? I though you said it makes money Bro... I know what your thinking..
there are some trade that have draw down. because of trend change.. so its not FOOL Proof yet. 

I need coders , ideas, back testing , forward testing and the biggest brain power ever.. lol

I have be trading for over five years and love the automated trading idea. I started this EA.. well lets say i came up with the idea and started working with coders about 3 years ago.. i have had a lot of hands in this so the code is not just from one person..

Wait, lets go back.. This EA Started as a simple MA Cross over system.. THEN.. I said to my coder... WHAT IF WE ADDED THIS?
and he said.. pay me and I will coded it.. and that why THERE ARE SO MANY PARAMETERS lol.

This EA is for all time frames, for scalping and long term/swing trades.. its up to you. I like the scalping.. 

I'm not a pro poster so this is my first time posting anything.. 

I will provide results for all 10+ versions of this EA.. it has gone through so many changes.. and i will Explain all the functions to my best ability.. i will provide original sketches that i sent to coder and any notes as well. TOTALLY TRANSPARENT.. 


LETS pool together to make something GREAT>> below will be markers of important post and notes. 



lets begin!! fasten your seat belts! Welcome to the land of MINIBites!


Full Initial strategy Found Here !!! This is only the beginning! There are a few things I omitted. but may still work. Please ask questions! Give thanks and rate please. [/size]

Go to forum: ► 5,000 + FREE Forex Robots Go to post

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Hi Newbies!


I just thought i would contribute to the cause. I've made countless articles and i've trained thousands of people in the forex trading game. I have no problems teaching people or helping with any issues you have. However, please do not ask the same questions over and over and over. This will get you nowhere. I was once a newbie myself obviously. I started paper trading around 2008 trading oil and stocks. All i had back then was the wall street journal and CNN. I know exactly how you feel. You think you found something that will help you make big money very fast. Or you think you found a new career for yourself that is all yours to own. You will be your own corporation and trade accordingly. Personally i just needed money and i found a way to get it like right now. And it appeals to my techy nature so i love this game. Make sure you do your research before you start trading in foreign exchange. This is a very dangerous game and you should be aware of the risks of live forex hacking.


I will tell you the truth that most people will not tell you. Yes forex trading is not a " get rich quick overnight " business, But at the same time, forex trading is most definitely a " get rich quick overnight " business! How weird does that sound?! lol. Well it's true! The reason people will tell you that you won't get rich overnight is because those people are trading with an investor frame of mind. The type of investor that will take 1% or 2% in profits per month for a year and then finally cash out. The safe players. Those are the type of people who swing trade and trade long term. So obviously it's not a " get rich quick overnight " business for them. 




Now on the other hand.. cool  There are other people who say you definitely CAN get rich overnight. The type of guys and girls who are willing to risk it all for a big payoff. This is most definitely a gamblers point of view but it's not completely impossible. On the Contrary! You seriously CAN make millions overnight easily! I've seen it and our team has proved it in countless videos in youtube and here in the forums. So don't think you can't get some serious cash very quickly. You Can! That's what makes this game so intriguing. I am one of these people. And so is my entire team. We've gone to great lengths to find the most profitable strategies and the most profitable robots for trading in the markets. We've made thousands of dollars and we are continuing to make more. So yes, stick to it and shoot for the stars!



So lets do this! Ask me anything you want and i will answer you as fast and as detailed as humanly possible. My goal here is to help you understand exactly how this works and what it takes to make a profitable trader. 


Cheers!

Go to forum: New Forex traders Go to post

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Can you not seem to make any profits in the world of Forex Trading? The answer is right in front of you even though you may not have thought of it and that is the use of an automated trading strategy. Why switch to an automated strategy? Well the human nature is just not geared up to deal with trading in general we let emotions get the better of us. Automated trading software is free from any possibility of emotions causing a mistake and will only trade in the most beneficial way possible. Making you mad amounts of money every hour. Read our guide below to find out about what automated trading is in the FX market and how you can make the most profit ever. We answer some of the common questions that surround automated trading software and then look at what is known as the best software for online trading.



What is automated trading?

It is to simply put it Forex automated trading is the technique of trading large amounts of different foreign currencies by use of a computer program. The software picks up on a various sources of analyses and prediction algorithms to ensure that the trader is always given the beneficial trade: so basically it tells you when you sell and when you should buy.


How does it know what to do?

Most automated trading software can follow its set of predetermined parameters that allows it to read the Forex market perfectly and always make you money, it has been put together by expert traders who know the FX market inside out due to their experience of online day trading. But you can also educate your software to become even smarter. You can provide it with your own trader strategies and it will follow them correctly never deviating from its one and only task which is to make you money. You can provide your ea, for example; with a set of signals that you have come up with from your analysis and it will ensure that all your trades will be made without any decisions being put off by human psychology.


But is that not cheating and illegal?

Not the use of automated trading software for day trading is completely legal and allowed by any Forex broker or platform. Remember that a trader could do what your robot can do so it is not actually cheating, it is just trading in a way to make no mistakes because it does not have emotions and always stays disciplined.




So what is the best software to use?

This is entirely up to you. You decide your risk and your rewards. Are you a day trader or are you a scalper? What preferences you prefer determine the type of forex robot you should be trading with. So keep that in mind. You will need to learn about your own habits and your personal goals in life. You cannot just think you will load up a swing trading robot and you'll make money in minutes. Because that's not how swing trading works. Just as an example. So if you consider what your goals and aspirations are then you will be able to achieve your greatness. You will formulate a plan and understand exactly how to execute it. Discover what you really want in life and set out to get it. You do this by understanding exactly what you want out of your life and when you want it. From there it's all down hill.


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Cheers!

Go to forum: Forex Tutorials. Go to post

I use the code of it a lot. The swings are generated via HigherHighs and lower lows.

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it is an expert without a Money Management system: if you apply it to your account it is it is necessary to personally follow the trend of the same, otherwise it is exposed to losses of capital also relevant.
That said, it explains its use, very simple.
Suppose we have determined, on the basis of technical analysis or otherwise, that we want to go Long on AUDCHF: you have to drag the EA on that graph, press the 'Open buy' button and set a value 100 from the 'step' box.
The expert will open grid orders spaced from each other by 10 pip, which we will close to achievement of a certain profit. To do this, we can close them manually during the bullish movement, but if there are any swing we would be subject to losses. Otherwise we can set up the profit value chosen by the box next to the 'X buy' button.
If instead we wanted to think in terms of price levels (example with fibonacci or other technique), we should set a line on the set level of take profit and a line on the level of Stop loss. press the 'X buy' button when the price reaches the first or second level

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The method consists in looking for those assets that have undergone a swing in the confirmed monthly timeframe
in the weekly timeframe. The template in question should then be uploaded at 11.00 pm on Sunday, when the
markets, and provides signals on the pairs that have the feature described. If it does not appear
the indicator, give List of indicators -> change CCFp-Diff-> OK, so as to synchronize it with the expert.

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Ever wondered why you were not making daily profit and gains in the Forex Trading market? It is probably because you were reading the charts wrong and following the wrong strategy, there is no place for free riding and gut feelings in the world of Forex trading: you need to be cutting edge and follow your strategy to the end no matter what happens on the way. You need to ride through the lows and wait for those amazing highs to sell sell sell, we always like seeing our profits grow don’t we? Here are some of the best Forex Trading strategies that work that give you the best entry signals and the most gains possible.

Scalping

Scalping is the way of the day trader, short and sweet trades where you only hold for a couple minutes maybe even just seconds to gain that little profit. You need to keep your eyes glued to the EA charts and follow the market like a hawk because a scalper seeks to beat the bid quickly and skim just a little bit of profit. It is a hard trade style to pull off in the market of Forex but if you you want to be ahead of the game and be that metatrader you always wished you could be then this is a style you may want to consider. Just stick to the charts and follow the profits.
Day Trading

As the name highlights these are trades that you will exit before the end of the day, you will never be long term holding when you apply this strategy. This gives you the best chance for the trade to be successful and the less chance for the Forex market to take a dive in the other way. Your trades may only last a couple of hours, so you will want your price bars set to just one or two minutes.

Swing Trading

This is for traders that have nerves of steel and who can read Metatrader charts so well it is as if they were born to trade in the Forex markets. You have to hold your position for several days and only look for the profit short term price patterns. You will have your charts set to look at bars every half an hour or maybe even an hour, if you miss the first swing of highs, well don’t worry it always comes back around in the end.

Positional trading
This is for the long term holders the bag grabbers and the currency whales, following the long term major trend changes. Your goal is to seek the maximum amount of profit in just one trade, therefore you will typically just look at the end of day charts.

 All that too much work?

Can’t find a strategy that sits well with you and does it all sound like too much work to study the Forex market to become the best online trader? There is a perfect strategy for you to dominate the foreign exchange market and that is with the best automated software on the market which you can find here.

Go to forum: ► 5,000 + FREE Forex Robots Go to topic Go to post

I have talked about how mastering and choosing a predetermined trading strategy will allow you to build up your portfolio and triple your income within two weeks.

But What I can guarantee you without fault is that your strategy won’t work forever, the rain of profits will at some point come to an end. It may take a few weeks, it may take a few months or if you are lucky it may take a few years but I will bet anything that at some point your strategy will be put in the dust. This is for the fact that you cannot always stay ahead of the market and that market forces always change.

 If you want to become a millionaire in the profitable world of Forex trading then you are going to need more than one trick up your sleeve to be the best online trader that the Forex market has ever seen.
Fresh ideas, new strategies, everyday is profit.

If you want to stay ahead of the pack and sustain your profitable edge always making those gains, then you need to keep coming up with fresh ideas and diversifying your trading skills. Don’t worry you won't need to change the whole way you see the foreign exchange market, just need some tweaks to keep you always above the crowd. Well luckily for you I have three tips right here to make sure your profits keep growing and your money keeps stacking up so you can buy that mercedes benz that you have been looking at all these years.

1. Try looking at different times

Just because someone told you to be a day trader and that would be the best way to dominate the Forex market doesn’t mean you need to look at short time frames all the time or stick to shorter time frames every day. Some of the best day traders check out longer time frames and that way they see the whole direction of the market and not just the day. Maybe even speak to some swing traders so you can add it into your repertoire of techniques.

2. Try trading other pairs

So you are a master of trading AUD/JPY and know it like the back of your hand? Well what happens when it all goes wrong, why not be always stacking the profits by learning another pair in advance now? If you are a master of AUD/JPY then you must know the aussie dollars well, so move in on AUD/EUR or AUD/USD so you can maximise your ability to predict the Aussie FX market.

3. Use Automated Trading software

Automated trading software may be frowned upon by some online traders but if you really want to capitalise on the Forex market you need to be having a robot reading those charts for you day and night. You will not throw yourself into a silly trade because you misread an entry signal, the Assar Elite Pro Forex Scalper V10 will make sure it trades only profitable currency trades for you. This allows you to concentrate on a different FX platform and maximise your potential profits.

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