Forex u turn indicador
Forex Currency Trading Course: Como negociar Forex com sucesso com U-TURN Cross Over Trading System.
As regras para este sistema são bastante simples ... Como a simplicidade sempre funciona no meu livro de negociação. É tão verdadeiro que a maioria dos comerciantes supera as coisas que no final faz mais perdas do que ganha.
Por que é que? Bem, as pessoas tendem a pensar que, uma vez que a negociação é uma das coisas mais difíceis de ganhar, eles tendem a pensar que deve ser sofisticado, quando na realidade é muito simples.
Você vê, o que os comerciantes não percebem é que o "medo e a ganância" é o que nos faz falhar e NÃO o próprio sistema. Nós temos médicos e advogados que sentem que o grande dinheiro que eles fazem em suas profissões não é suficiente para satisfazer sua necessidade de GREED e eles pensam que apenas porque eles foram para a Faculdade de Direito ou a Universidade de Doutores que eles têm inteligência para "ultrapassar" os mercados .
Bem, muitos deles perceberam que não demorava a ganhar na negociação. Em vez disso, é preciso uma maior disciplina. E, é preciso simplicidade e um bom sistema de negociação para ter sucesso.
Infelizmente, quando muitas dessas pessoas altamente educadas chegam ao mercado, eles geralmente têm grandes contas de negociação, como US $ 50.000 a US $ 100.000 para jogar. Eles cometem o erro de que quanto mais dinheiro tiverem, mais fácil será o sucesso ...
É por isso que eu quero superar o mais importante antes de entrar no próprio sistema. Você pode adivinhar o que é isso? Se você adivinhou "Money Management" ou "Leverage", então você acabou de bater no bando de unhas na cabeça!
USE PRÁTICAS DE BOA PRÓXIMA DE DINHEIRO.
A primeira regra é: NÃO SOBRE O comércio! O excesso de negociação vem em algumas formas diferentes, e um dos erros mais comuns que os comerciantes fazem é alavancar sua conta muito alta negociando muitas vezes em qualquer sessão de negociação, ou negociando muito de sua conta ao mesmo tempo. Em outras palavras: sobreavaliação!
Leverage Is A Double Edged Sword!
Vamos primeiro começar com alavancagem comercial:
Só porque um lote [100.000 unidades] de moeda requer apenas um valor mínimo de US $ 250 como depósito de margem mínima, isso não significa que um comerciante com US $ 5.000 em sua conta deve negociar 15 a 18 lotes.
Um lote é de US $ 100.000 e deve ser tratado como um investimento de US $ 400.000 e NÃO os $ 1.000 colocados como margem. No entanto, a maioria dos comerciantes analisa os gráficos corretamente e coloca trades sensatos na maior parte, mas, no entanto, eles tendem a superar-se.
Como conseqüência disso, muitas vezes são forçados a sair de uma posição comercial no momento errado ou se tornam demasiado emocionalmente carregados para estar em um estado de espírito construtivo para negociar lucrativamente.
Outra forma de "over trading" é entrar e sair muitas vezes em 1 sessão de negociação. Se você é um tipo de comerciante, então você deve procurar apenas 3 negócios.
Se você é um "comerciante intradía", então você só deve procurar fazer 1 troca por dia, mas NÃO MAIS do que 2 configurações comerciais por dia em cada sessão. Se você usa essa mentalidade de comerciante, você evitará a troca comercial conhecida como jogo quando você tentar negociar 5 a 10 comércios em apenas algumas horas ...
No entanto, uma boa regra geral é nunca usar mais de 5% do capital da sua conta de negociação em qualquer momento, especialmente com alavancagem ALTA de particularmente para NOVOS comerciantes, não importa o quanto você possa ter educação, ou quando aprender um novo sistema comercial como esse.
Eu recomendo usar uma conta com um nível de alavancagem mais conservador de não mais de 100 a 1 ou no máximo de 200 a 1, e você pode querer arriscar-se ainda menos como 2% ou mesmo 1%, conforme indicado em 5%.
Então, digamos que temos um tamanho de conta de US $ 1.000 e queremos arriscar 5% em um comércio para tornar este exemplo fácil de descobrir matemática. Então, dizer que o SL Stop Loss é de 100 pips e queremos arriscar 5% de nossa capital ... Qual tamanho de lote podemos trocar?
Muitos comerciantes realmente tropeçam para descobrir isso corretamente, eu não sou perfeito! Eu também tive grandes dificuldades para tentar descobrir isso corretamente e tentar explicar que não é fácil! Então, voltemos ao pessoal de cálculo ...
Muitos comerciantes parecem obter "gerenciamento de dinheiro" e "alavancar" todos misturados. Eles pensam que podem arriscar 5% de sua conta, o que significa que eles podem negociar usando a alavanca como um guia para este 5%, então eles acabam perdendo mais de 5% de seu capitólio inicial.
Eles trocam como 0,10 um mini muito pensando que isso está certo quando, na realidade, se você perder 100 pips se o preço atingir sua Stop Loss, de fato, perderá 10% de sua conta em vez de 5% porque é US $ 1,00 por pip, então 100 X $ 1,00 = $ 100.00 e, se você quiser fazer um cálculo consistente de 5% à medida que sua conta aumenta ou diminui, você deve calcular o número de pips da Stop Loss cada vez pelo valor em sua conta em 5%.
Agora, vamos procurar outra parte da negociação que é muito mal interpretada em mais do que uma ...
Vamos fazer os comerciantes de matemática.
Digamos que você é comerciante intra-dia e quer usar um índice de perda de 1 a 1 vitória? Então, neste caso, usaremos uma escala comercial de 10 com 80% de vitórias e 20% de perdedores:
Por causa desta explicação, digamos que estamos usando uma perda de parada de 100 pedaços e um lucro de 100 pip Take que equivale a 1 a 1 ...
Assim, em 8 dos negócios, ganhamos 800 pips, em seguida, em 2 dos negócios, perdemos 200 pips. Então pense nisso agora ... esta é realmente uma média vencedora de 80%? É nos termos das negociações reais conquistadas, mas é realmente 80% nos termos de pips feitos?
Se você respondeu 'não' a esta pergunta, você está 100% correto. Você vê, na realidade, você fez 800 pips, mas perdeu 200 desses 800, então, o que nos resta? A resposta é 600 pips ... então, isso não soa mais como uma taxa de perda de ganhos de 60% do que uma média vencedora de 80%? Na verdade, o meu amigo.
Ok, vamos tentar uma proporção de 2 a 1, onde Stop Loss SL é de 200 pips e Take Take Profit TP é 100. O mesmo se aplica é que os números são diferentes. Então, em 8 dos negócios, ganhamos 800 pips e, em seguida, em 2 dos negócios, perdemos 400 pips.
Então pense nisso agora ... Isso é realmente 80% nos termos de pips feitos? Se você respondeu "sim" a esta pergunta, você está errado! Você vê, na realidade, você fez 800 pips, mas perdeu 400 desses 800, então, o que nos resta?
A resposta é 400 pips ... então, isso não parece mais um índice de perda de ganhos de 40% do que uma taxa média de ganhos de 80%? Na verdade, meus amigos são meus. 40% ainda está ganhando nos mercados, mas 70% ou mesmo 80% soam melhor? Com certeza faz para mim ...
Então, agora vamos fazer isso da melhor maneira possível e vamos reverter a relação média da perda de ganhos. Em vez disso, agora vamos usar uma pipe de 100 pip Stop e um TP Take Profit de 200 pip. Para diversão, vejamos o que acabamos com ...
Então, em 8 dos negócios, ganhamos 1.600 pips, em seguida, em 2 dos negócios, perdemos 200 pips. Então, agora pense mais sobre esse cálculo, meu amigo? Esta é realmente uma média de 80% da razão vencedora? Ainda está nos termos dos negócios reais colocados, mas é realmente 80% nos termos de pips feitos?
Se você respondeu 'não' a esta pergunta, então você está certo! Você vê, neste exemplo você fez muito maior do que nos dois últimos exemplos acima. Na verdade, você fez 1.600 pips, mas perdeu 200 desses 1.600, então agora, o que nos resta?
Então, agora, o que nos resta? A resposta é de 1.400 pips ... então, isso não soa mais como uma taxa de perda de ganhos de 140% do que uma taxa de taxa média de ganhos de 80%?
Na verdade, é meu amigo, há tantas maneiras pelas quais os comerciantes tentaram Umanipulate e fudgeU os números ao longo dos anos tentando torná-lo mais atraente do que realmente é.
Então, com tudo o que disse, acabei de descrevê-lo para você em um formato fácil de ler com No Bull Crap! Quando tudo é dito e feito, não é a porcentagem de vitórias que você faz, é a quantidade de pips que você ganhou ...
Pense nisso, meu amigo ... só faz sentido que, se o seu índice de perda de vitórias for maior que os seus pontos perdidos, você estará à frente do jogo. E confie em mim, todo o comércio é, é um jogo. E muito do tempo é jogado sujo! "Você realmente precisa estar nos dedos dos pés quando joga isso?" Desculpe, eu fui sair do tópico aqui por um breve momento.
Tantos comerciantes igualmente tentam torcer as teorias de gerenciamento de dinheiro em torno de que não é engraçado! Fique com o último exemplo que eu mostrei para este sistema, como é para os comerciantes do Intra-day que comercializam no intervalo de tempo de 5 minutos ou 15 minutos e se você tentar e atirar em 3 a 1 Take Profit TP / Stop Loss SL em termos de pips feitos.
Como, por exemplo, 50 pip Stop Loss SL a 200 Pip Take Profit TP, isso pode não ser alcançável diariamente, negociando isso em pequenos quadros de tempo. No par EUR / USD, certamente não temos o 200 True Average Range True diariamente, agora?
Então, agora que cobrimos o índice de perda de vitórias, tanto quanto o Stop Loss SL e o Take Profit TP estão preocupados, vamos agora dar uma olhada no que acontece quando adicionamos mais posições à medida que avançamos quando o tamanho da nossa conta cresce.
Esta é mais uma parte da gestão do dinheiro que muitos comerciantes não conseguem entender ou levar a sério. Digamos que negociamos 100.000 dólares em moeda, o que equivale a US $ 10,00 por pip. E, digamos que tivemos um saldo inicial de US $ 10.000 e nós nos dissemos que, por cada $ 1.000, nós vamos adicionar outros US $ 10.000 a nossa posição.
Então, quando chegamos ao nível de US $ 11.000, agora vamos negociar US $ 110.000 dólares, o que equivale a US $ 11,00 por pip. Então, para cada pip ganhou em cada comércio, faremos $ 1.00 extra, assim como você pode ver com o passar do tempo, se nós fizéssemos outros 100 pips, nós também teríamos adicionado mais US $ 100,00.
E dizemos que tínhamos sucesso e nós estávamos ganhando 80% de nossos negócios com um índice de perda de ganhos de 2 a 1 ... em nenhum momento, duplicaríamos nossa conta e fazemos 100%. Mas e este é um BIG Butt! E se tivéssemos uma série de transações que aconteçam de vez em quando, mas agora estamos negociando uma moeda de 200 mil dólares em dólares que equivale a US $ 20,00 por pip?
Você pode ver as terríveis conseqüências que isso pode causar? Por exemplo, estaremos perdendo o dobro da quantidade de dinheiro em um único comércio que pode fazer com que todos os lucros sejam consumidos mais rápido do que você poderia dizer "Oh, não!"
O que levou 20 negócios para acumular US $ 10.000 dólares pode acabar com todos os seus lucros feitos em apenas um pequeno punhado de negócios MAU. Portanto, tenha cuidado ao adicionar a sua posição e lembre-se de diminuir o tamanho do seu lote enquanto você perde, então o 'Impacto' não será tão doloroso!
Para evitar uma situação como essa, simplesmente troque a mesma quantidade de lotes do início ao fim - sim, você levará muito mais tempo para aumentar seu patrimônio em sua conta, mas você estará praticando práticas rígidas de gerenciamento de dinheiro. Especialmente ao aprender um novo sistema como Forex-U-Turn.
Agora que conseguimos esse bom gerenciamento de dinheiro antigo e alavancamos o caminho, eu quero falar sobre os anúncios de notícias que surgiram na maioria dos dias e como ele pode afetar sua negociação de forma dramática!
Entender & amp; Acompanhe o Daily Forex News & amp; Analise de perto.
Mesmo que o sistema de negociação Forex-U-Turn seja baseado na análise técnica, você deve aprender os efeitos e o impacto mortal que as notícias têm no mercado Forex. Eu sugiro evitar tempos de grandes anúncios de notícias, pois podem ter efeitos importantes sobre os preços.
Não é incomum para os anúncios de notícias que podem causar 100 a 200 movimentos de pip em questão de minutos. Embora isso possa parecer atraente em um comércio lucrativo, mas e se isso acontecer contra você? Pode custar-lhe igualmente!
Normalmente, eu recomendo esperar 5 a 10 minutos após o anúncio para permitir que os mercados se acalmais e escolha uma direção e depois considere colocar um comércio se você ver a configuração correta Forex-U-Turn.
Pratique isso fortemente com uma conta demo antes de entrar com dinheiro real na linha. Se você estiver em um direito de negociação antes das notícias, sugere-se apertar o Stop Loss SL ou simplesmente fechar o seu comércio ganhando ou perdendo para reservar capitol.
Por favor, seja avisado que é muito comum que Stop Loss SL e Entradas não sejam respeitados por muitos corretores durante esses horários. É muito mais seguro tentar e evitá-los completamente. Aqui estão alguns sites da Forex News Eu recomendo:
São alguns bons para ...
VOCÊ ESTÁ PAGANDO HANDSOMAMENTE PARA ESPERAR!
A maior parte do seu tempo de negociação está aguardando a instalação correta ideal para ocorrer. Sempre haverá dinheiro na mesa - você nunca pegará 100% do movimento, e uma vez que você perceber isso, você estará a milhas antes desse jogo incompreendido.
Você está esperando essas configurações perfeitas. Quanto melhor for a configuração, maior a chance de você ganhar o comércio. Se você não está ganhando entre 70% e # 8211; 80% dos seus negócios, você precisa dar um passo atrás e começar a esperar configurações melhores.
A maior quantidade de indicadores que concordam com o seu comércio potencial, maiores as chances de ganhar o comércio. Lembre-se, você é principalmente pago para esperar, e quanto melhor você estiver esperando as configurações perfeitas, mais dinheiro você ganha.
Mas você também deve entender que depois de tudo isso esperando a instalação ideal para ocorrer, você precisa esperar ainda mais para que o comércio amadureça em um bom lucro. Então, qual é o nome desse jogo? Esperar! Esperar! Esperar! Então espere um pouco mais!
Se você estiver scalping o mercado para um rápido 10 pips, às vezes pode acontecer em apenas alguns minutos, mas na maioria dos casos, pode levar 15 a 30 minutos para que o comércio se desenvolva - e confie em mim, que 30 minutos podem parecer uma vida revelou-se diante de seus olhos.
E, se você é comerciante do dia ou troca de balanço, pode demorar ainda mais para que uma troca se torne um grande vencedor! Pode levar horas a horas para florescer completamente em uma boa BIG FAT Win! E, como acabei de dizer, sentirei que toda a vida voou diretamente por você.
Portanto, a PACIÊNCIA é um fator tão crítico em todos os aspectos da negociação que sem paciência você é mais do que provável que saia de negócios que, em outras palavras, teria se transformado em negócios muito lucrativos para você.
Você tem que tentar o seu melhor para colocar sua impulsividade humana de lado e colocar a sua disciplina em pleno vigor. Como a disciplina é o "elemento-chave" para se tornar um comerciante bem-sucedido.
Agora, antes que eu mostre o sistema, quero entrar no "True Support & amp; Resistência "e quão importante é a sua negociação ...
Como encontrar suporte verdadeiro e amp; Resistência.
Nesta seção, vou mostrar-lhe como encontrar "apoio e resistência verdadeiros". Nas duas seções a seguir, vou mostrar-lhe outras duas formas de encontrar apoio e resistência que eu sinto que irá beneficiar você em suas atividades de negociação.
Mas primeiro, vamos encontrar algum bom suporte antigo e resistência do bom caminho antigo ... Comum será divertido ...
Para encontrar suporte e resistência verdadeiros, primeiro precisamos olhar para um período de tempo maior, caso diga que você troca o período M15. Uma vez que vamos para um período de tempo maior, simplesmente reduzimos o tamanho do gráfico. Na plataforma Meta Trader 4 simplesmente desligaríamos.
Então, uma vez que temos o gráfico reduzido em tamanho, agora podemos procurar encontrar onde o preço se encontrou mais de uma vez no passado e colocar uma Linha Horizontal no gráfico. Quanto mais vezes o preço atinge um certo nível de preço e rejeita esse nível de preço, mais forte o suporte e / ou a resistência se tornam ...
Vamos dar uma olhada neste exemplo de gráfico para que você possa aprender com isso:
Você pode fazer isso em qualquer período de tempo que você está usando e é a única maneira verdadeira de encontrar 'True Support & amp; Resistência.'
Encontrar Suporte & amp; Resistência usando médias móveis.
Alguns comerciantes usam médias móveis para encontrar suporte e resistência, e eles simplesmente compram e vendem. Você vê, quando o preço está acima de uma média móvel e o preço se resume à média móvel ... o tempo que comprarão.
Quando o preço está abaixo de uma média móvel e o preço retrai de volta para a média móvel que os comerciantes venderão. Isso é um acaso? Isso acontece por acaso? Ou, é só uma sorte tonta que isso aconteça? De modo nenhum!
Você vê, os comerciantes usam muitas médias móveis diferentes para comprar e vender com base em certos fatores técnicos no mercado, mas pelo que eu vi ... aqui estão as médias móveis mais efetivas que os comerciantes usam para comprar e vender quando o preço Ou cair e toca, Ou quando o preço recua de volta e toca-o.
21 EMA = média móvel exponencial. 50 EMA = Média de Movimento Exponencial. 100 EMA = Média móvel exponencial. 200 EMA = média móvel exponencial.
Agora, não podemos esquecer as Médias Movimentadas Simples? Sinceramente, sinto que o EMA é mais poderoso e acredita verdadeiramente que os comerciantes os usam mais do que as Médias móveis simples ...
21 SMA = média móvel simples. 50 SMA = Média de Movimento Simples. 100 SMA = média móvel simples. 200 SMA = Média de Movimento Simples.
Alguns comerciantes usam médias móveis menores como os 9 e 13 para outros fins, mas eu só queria mostrar-lhe isso para aprender de ... Alguma dessas médias móveis faz parte do sistema de negociação Forex-U-Turn? Não, eles não são, mas se você é NOVO na negociação, então essa informação é muito valiosa.
Vamos dar uma olhada em um gráfico para que você possa ver o que estou falando ...
Aqui estão alguns exemplos em que estão vendendo os 21 EMA ...
Números inteiros que se transformam em suporte e amp; Resistência.
Agora, vamos entrar em uma forma de apoio e resistência que é tão mais procurado, mas é tão "poderoso", que irá desperdiçar sua mente para ver o quão importante isso é realmente quando faz uma decisão comercial de entrada ou uma decisão de saída?
Porque números inteiros são tão efetivos UU. Eu decidi adicioná-lo ao sistema de negociação Forex-U-Turn. É só recentemente que eu observei seriamente isso ... no passado, como há 3 anos, algum comerciante estava falando sobre isso e acabei de explodir!
Mas agora eu posso ver a importância de números inteiros e como os comerciantes igualmente compram e vendem fora deles como as outras duas formas de apoio e resistência que acabei de falar. Você vê, quando o preço chega a um número inteiro como 1.5700, por exemplo, os comerciantes vêem isso como um grande nível de resistência e quer buscar lucros neste nível ou vender neste nível.
Quando o preço está chegando a um número inteiro como 1.5300, por exemplo, os comerciantes vêem isso como um nível de suporte forte e compram. Então, você pode adivinhar o que é ainda mais forte do que esses números inteiros?
Quando o preço cair ou até um número inteiro como 1.5000 ou 2.000, por exemplo, eles são considerados pontos de viragem muito fortes no mercado.
Não apenas números inteiros são pontos de compra e venda extremos, mas os números intermediários também têm mérito. Significado, 1.5150 também é considerado um ponto em que os comerciantes procuram comprar quando o preço está chegando a esse preço ou vender quando o preço está chegando a esse preço.
Eu gosto de chamar os números inteiros como 1.5400 'majors' e os números intermediários 1.5450 'menores' porque os números inteiros são mais fáceis de lembrar do que os números intermédios. É muito mais fácil lembrar-se de um preço para comprar ou vender em 1.2450 como apontado para 1.2434. Voce entende o que eu quero dizer?
E, se você dar uma olhada séria nesses números inteiros, você verá o preço subir ou descer para eles e parar algumas vezes e o preço ficará por horas por vezes até que os comerciantes decidam quebrar ou comprar ou vender essa grande / nível de preço menor.
Outra coisa a lembrar é "True Support & amp; Resistance Traders "Compre o suporte e venda de resistência. Então, as 3 maneiras diferentes que eu acabei de mostrar para você encontrar um verdadeiro suporte e resistência são 3 dos modos de fogo seguros de encontrá-lo e usá-lo para sua vantagem se você tiver uma configuração de entrada para comprar ou vender e o maior suporte ou resistência é por perto, é melhor não fazer a configuração comercial.
Vamos agora dar uma olhada em alguns exemplos de gráficos para mostrar exatamente o que quero dizer. Em seguida, vamos abordar as saídas das suas posições comerciais ... Tenho algumas maneiras diferentes de mostrar-lhe como obter o máximo de pips possíveis fora de sua negociação.
Como você pode ver, nem sempre vem exatamente a um número inteiro e salta-o sempre? Mas, mais frequentemente do que não, com certeza, atua como um importante ponto de suporte e resistência de entrada ou saída.
E mais uma coisa, como você pode ver quando o preço está chegando a um número inteiro que você não quer comprar em 1.5300 e se o preço cair para um número inteiro, você não quer vender em 1.5100? Por favor, tente pensar de maneira oposta aos meus amigos?
ANALIZE Suas Sair Ladies & amp; Cavalheiros.
A razão pela qual a negociação com um sistema é a sua melhor aposta porque a maioria da análise objetiva é feita antes da execução do contrato. Uma vez que um comerciante está em uma posição de -10 pip para -25 pip ele / ela tende a analisar o mercado de uma maneira diferente "esperando" que o mercado se mova em uma direção favorável em vez de olhar objetivamente os fatores de mudança que podem ter virado contra a análise original.
Isto é especialmente verdadeiro em relação às perdas.
Os comerciantes com uma posição perdedora tendem a se casar com sua posição, o que faz com que eles ignorem o fato de que todos os sinais apontam para perda contínua. Neste sistema, você mostrará exatamente onde colocar suas paradas. Não mais permitindo que suas emoções controlem suas decisões.
Uma vez que essa decisão foi tomada, STICK WITH IT! Se a ação de preço se virar e voltar para a direção original, se você for interrompido, você sempre pode entrar novamente no comércio quando as diretrizes de negociação forem atendidas de novo.
No entanto, uma vez em um comércio, temos que tentar o nosso melhor para gerenciá-lo, então a maneira como eu gosto de fazer isso é fazer a técnica de gerenciamento de lucros de 50% de mudança de lucro. Digamos que temos um SL de 50 pips e usamos uma relação de perda de ganhos de 2 a 1, como eu expliquei no capítulo acima.
Então, quando vemos um lucro de 50 pips, que é de 50%, nós movemos nossa Stop Loss para se equilibrar, ou melhor ainda, nós movemos nossa Stop Loss para + 10 pips então então com certeza estamos gerenciando nosso comércio. Além disso, uma vez que fazemos isso, estamos em um comércio LIVRE, como os comerciantes gostam de chamar.
Então, digamos, depois que mudarmos nossa Stop Loss para quebrar ou mesmo para um pequeno lucro se estivéssemos em um comércio de compras e o preço suba outros 15 pips a nosso favor, mas agora estamos em um nível de resistência maior ou melhor ainda, um número inteiro - então, o que fazemos? Nós analisamos a situação e podemos considerar tirar 65 pips ou mais da mesa em vez de arriscar a devolver todos esses 65 pips que acabamos de acumular.
Então, meu amigo, essa é uma maneira de sair do seu comércio ... agora vamos falar sobre uma segunda e terceira maneira de tirar lucros ...
Trail 3 Bars Back Exit.
Outra boa maneira de sair de um comércio vencedor é continuar movendo seu Stop Loss depois de cada barra fechar. Eu gosto de usar o cronograma M15, pois parece funcionar muito bem, no entanto, marcos de tempo menores são muito agitados para esse estilo de saída na minha opinião sincera.
Então, uma vez que você moveu o Stop Loss para o ponto final, você pode começar a percorrer o comércio colocando o Stop Loss 2 pips na terceira barra de volta da barra atual em um comércio de compras ou no topo da barra por 2 pips se em um comércio de venda. Muito simples, de fato ... Vamos agora dar uma olhada em um exemplo:
Forex - U - Turn Cross Over.
Agora vamos entrar na minha maneira favorita de sair de um comércio com pips vencidos ou com um comércio desapontado MAU! O que faz o Forex - U - Torne-se único em sua própria é a formação em que tropecei um dia olhando um sistema antigo de 2 anos atrás, eu estava tentando me desenvolver.
Sim, mesmo antes das senhoras e dos senhores do 4XPipSnager ... Eu simplesmente não conseguia encontrar nenhum valor nisso naquela época e simplesmente esqueci até há alguns meses atrás, em abril, quando eu vi o 'W' para comprar e o 'M' para vender ... foi tão legal ver este POP OUT em mim, eu digo ... Vamos pegar um pico para mostrar o que quero dizer:
Mais um exemplo para você ver como saímos do comércio, já que eu estava mais mostrando como a formação de U-Turn é formada acima na última ilustração do gráfico ...
Maneira muito simples de dizer-lhe que a tendência a curto prazo mudou. Mas o que é realmente fantástico no sistema de negociação Forex - U-Turn é que ele funcionará praticamente em qualquer período de tempo em qualquer mercado e a qualquer hora do dia.
Então, você pode usá-lo para o "dia do dia" do dia do comércio "EOD" End of Day Trading e mesmo o investimento de longo prazo, pois esse incrível sistema funcionará nos prazos semanais e mensais ... Como você gosta de maçãs? Como já disse antes, esse sistema é muito superior ao sistema de negociação 4XPipSnager porque você pode usá-lo como um sistema de "contra tendência" e "negociação de tendências".
Colocação correcta de parada de perdas.
Antes de entrarmos nas "Impressões azuis" agressivas e conservadoras deste sistema de comércio, quero passar por você com o lugar correto para colocar sua Stop Loss, então você não será interrompido prematuramente ...
Há duas maneiras diferentes de colocar sua Stop Loss no ponto correto. Primeiro, deixe-me mostrar-lhe o S & R Stop ... onde você simplesmente coloca seu Stop Loss 5 pips abaixo do balanço atual baixo em um comércio de compras, ou 5 pips acima do balanço alto em um comércio de venda que é o seu suporte e / ou resistência mais próximo nível:
Aqui está um exemplo de Stop Loss para você ver ...
Agora, eu quero passar por outro caminho para colocar sua Stop Loss para que os Big Dogs conhecidos como bancos centrais não possam "caçar" seu SL ... É muito simples também. No entanto, ele cria mais risco, então você pode ter que ajustar seu gerenciamento de dinheiro um pouco perdedor para compensar essa maneira de colocar seu Stop Loss Order ...
Tudo o que você faz é simplesmente encontrar o seu suporte mais próximo ou o swing de resistência baixo ou alto, ou se um suporte ou resistência importante estiver próximo, usaremos esse nível de preço mais 40 a 50 pips para o nosso Stop Loss como este:
Forex - U - Turn Blue Print Compre a entrada.
Primeiro você vai procurar a formação 'W' em seu gráfico como este:
Em segundo lugar, você aguardará a confirmação no filtro Forex - U - Turn como este:
Forex - U - Turn Blue Print Sell Entry.
Primeiro você procura a formação "M" em seu gráfico como este:
Em segundo lugar, você aguardará a confirmação no filtro Forex - U - Turn como.
Forex - U - Turn Blue Print Aggressive Compre e envie entradas.
Acima, mostrei-lhe o conservador comprar e vender entradas usando o filtro para uma segunda confirmação para puxar o 'Trigger!', Que é muito simples, eu vou ter que dizer. Agora, vou mostrar-lhe como usar a maneira avançada e agressiva de trocar o sistema de comércio Forex-U-Turn para que você possa entrar nas entradas de comércio ainda mais rápido ...
Então, ao entrar no mercado, não se deve apenas ver uma formação U-Turn e entrar no comércio, você deve considerar todos os fatores que eu falei acima sobre gerenciamento de dinheiro e ser disciplinado. E,
sua arma mais importante de todos: "Suporte e amp; Resistência!"
Se um nível de suporte importante estiver próximo, então você pode querer considerar NÃO vender. Ou se um grande nível de resistência estiver perto, você pode querer considerar NÃO comprar? O senso comum diz que "Support & amp; Resistência "os comerciantes fazem o oposto, então você também deve ...
Lembre-se dos números inteiros dos quais eu falei? Lembre-se das médias móveis? Ou como desenhar bom suporte velho e linhas horizontais de resistência em seu gráfico? Todos esses fatores são "vitais" para o seu sucesso, independentemente da estratégia ou do sistema comercial que você emprega para negociar diariamente em você.
Quanto mais ferramentas você tiver que negociar, melhor será a chance de se tornar um comerciante de sucesso em um jogo que perderá 98%.
Exemplos de gráficos para se inclinar.
Quero mostrar-lhe alguns exemplos de configurações de compra e venda Forex-U-Turn e algumas dicas importantes para tentar manter-se fora das configurações MAIS, como tempos de indecisão apertados:
Você vê neste gráfico, há Amarelo no filtro? Eu mesmo não gostaria de ter uma cor neutra no filtro, então, em outros exemplos, você verá isso ... Estou deixando a escolha do comerciante para tornar esta cor da mesma cor que o gráfico ou escolher uma cor como o amarelo para dar-lhes uma aviso prévio de que uma instalação comercial de compra ou venda está próxima.
Agora, vejamos alguns exemplos de alcance apertado para saber quando "permanecer fora" do mercado:
Aqui está outro para você aprender de ...
Você vê como não há amarelo no filtro abaixo desses dois últimos exemplos de gráficos? Eu acho que isso distorce os meus olhos e uma parte muito importante de tornar a negociação simples e fácil de fazer é NÃO CARREGAR o gráfico com um monte de indicadores e muitas cores diferentes para distorcer e / ou distraí-lo.
Acima de você, veja o Alerta de aviso em ação para 'Pre Alert You' quando um Fresh U-Turn está prestes a ocorrer. Tudo o que você precisa fazer depois de obter o alerta é procurar a formação do "M" no gráfico para uma Instalação de comércio de vendas se você estiver negociando o sistema "Agressivamente!" Ou, se você estiver negociando o Forex-U-Turn Sistema de negociação de forma conservadora, você simplesmente esperaria o filtro FX U-Turn na parte inferior do gráfico para confirmar a configuração de comércio de vendas.
Se você está fazendo uma configuração de troca longa, tudo o que você precisa fazer depois de obter o alerta é procurar a formação 'W' no gráfico para uma Configuração de Comércio de Compra se você estiver negociando o sistema "Agressivamente!" Ou, se você 'negociação do sistema Forex-U-Turn Trading de forma conservadora, você simplesmente esperaria o filtro FX U-Turn na parte inferior do gráfico para confirmar a configuração comercial da compra.
Por último, quero compartilhar com você algum conhecimento que um velho amigo comerciante compartilhou comigo sobre Análise Técnica e Fundamental ...
Technical Analysis Verses Fundamental.
Muitos comerciantes dizem que são um "Técnico ou fundamental" quando se trata de negociação. O fato é que somos todos comerciantes 100% fundamentais é que alguns de nós ainda não percebem isso. Eu costumava gostar de dizer que eu era 70% técnico e 30% fundamental até que eu tivesse explicado por um corretor de futuros de grãos muito proeminente e respeitado pelo nome de Tim Hannagan, que possui mais de 40 anos de experiência comercial em os mercados.
Você vê, um comerciante técnico usa as ferramentas técnicas disponíveis em um gráfico, onde um comerciante fundamental usa elementos de notícias. Antes de surgir um importante elemento de notícias que poderia ser dias, e às vezes semanas antes do mercado teme o pior acontecer - conhecido como "Análise Fundamental". Você verá um movimento de 3 ou 4 dias antes que as notícias aconteçam. Ele aparecerá como um padrão técnico em seu gráfico, mas toda a razão por isso aconteceu em primeiro lugar foi devido ao "TEMOR" do que "poderia acontecer" de um elemento fundamental para entrar no mercado.
Conhecido como ... "Compre The Rumor - Sell The Fact." Então, em essência, somos todos "Tradicionalmente 100% Pure Fundamental Traders".
Eu só quero agradecer ao Sr. Tim Hannagan por sua orientação, nos últimos anos, como se não fosse que ele me ensinasse, quase tudo o que eu sei sobre o comércio, seria muito mais difícil do que ele.
No começo, ele não queria me ensinar, mas depois de incomodá-lo por um mês, ele finalmente caiu e me levou sob sua asa. Todos nós temos que aprender de algum lugar ... o comércio ou qualquer outra habilidade que você mestre na vida deve ser ensinado e espero que você tenha aprendido algumas habilidades importantes neste manual.
Forex Currency Trading Course: Como negociar Forex com sucesso com U-TURN Cross Over Trading System.
As regras para este sistema são bastante simples ... Como a simplicidade sempre funciona no meu livro de negociação. É tão verdadeiro que a maioria dos comerciantes supera as coisas que no final faz mais perdas do que ganha.
Por que é que? Bem, as pessoas tendem a pensar que, uma vez que a negociação é uma das coisas mais difíceis de ganhar, eles tendem a pensar que deve ser sofisticado, quando na realidade é muito simples.
Você vê, o que os comerciantes não percebem é que o "medo e a ganância" é o que nos faz falhar e NÃO o próprio sistema. Nós temos médicos e advogados que sentem que o grande dinheiro que eles fazem em suas profissões não é suficiente para satisfazer sua necessidade de GREED e eles pensam que apenas porque eles foram para a Faculdade de Direito ou a Universidade de Doutores que eles têm inteligência para "ultrapassar" os mercados .
Bem, muitos deles perceberam que não demorava a ganhar na negociação. Em vez disso, é preciso uma maior disciplina. E, é preciso simplicidade e um bom sistema de negociação para ter sucesso.
Infelizmente, quando muitas dessas pessoas altamente educadas chegam ao mercado, eles geralmente têm grandes contas de negociação, como US $ 50.000 a US $ 100.000 para jogar. Eles cometem o erro de que quanto mais dinheiro tiverem, mais fácil será o sucesso ...
É por isso que eu quero superar o mais importante antes de entrar no próprio sistema. Você pode adivinhar o que é isso? Se você adivinhou "Money Management" ou "Leverage", então você acabou de bater no bando de unhas na cabeça!
USE PRÁTICAS DE BOA PRÓXIMA DE DINHEIRO.
A primeira regra é: NÃO SOBRE O comércio! O excesso de negociação vem em algumas formas diferentes, e um dos erros mais comuns que os comerciantes fazem é alavancar sua conta muito alta negociando muitas vezes em qualquer sessão de negociação, ou negociando muito de sua conta ao mesmo tempo. Em outras palavras: sobreavaliação!
Leverage Is A Double Edged Sword!
Vamos primeiro começar com alavancagem comercial:
Só porque um lote [100.000 unidades] de moeda requer apenas um valor mínimo de US $ 250 como depósito de margem mínima, isso não significa que um comerciante com US $ 5.000 em sua conta deve negociar 15 a 18 lotes.
One lot is $100,000 and should be treated as a $400,000 investment and NOT the $1,000 put up as margin. However, most traders analyze the charts correctly and place sensible trades for the most part, but yet they tend to over leverage themselves.
As a consequence of this, they are often forced to exit a trade position at the wrong time or become too emotionally charged to be in a constructive frame of mind to trade profitably.
Another form of “ over trading ” is to get in and out too many times in 1 trading session. If you are a scalper kind of trader, then you should only look to do 3 trades maximum.
If you’re an “ intraday trader ” then you should only look to do 1 trade a day but NO MORE than 2 trade setups each day in each session. If you use this trader mentality you’ll avoid over trading known as gambling when you try and trade 5 to 10 trades in just a few hours…
However, a good rule of thumb is to never use more than 5% of your trading account capitol at any given time, especially with HIGH leverage of particularly for NEW traders no matter how much Education you may have under your belt, or when learning a new trading system such as this one.
I recommend using an account with a more conservative level of leverage of no more than 100 to 1 or at most 200 to 1, and you might want to risk even less like 2% or even 1% as apposed to 5%.
So let’s say we have an account size of $1,000 and we want to risk 5% on a trade to make this example easy to figure out mathematics wise. So say the SL Stop Loss is 100 pips and we want to risk 5% of our capitol… What lot size can we trade?
A lot of traders really stumble to figure this out properly, I’m not perfect! I too had great difficulties to try and figure this out properly and to try and explain it is not easy! So let’s get back to the calculation folks…
A lot of traders seem get “ money management ” and “ leverage ” all mixed up. They think that they can risk 5% of their account meaning that they can trade by using the leverage as a guide for this 5% so they end up losing more than 5% of their initial capitol.
They trade like 0.10 one mini lot thinking this is ok when in reality if you lose 100 pips if the price hits your Stop Loss you will in fact lose 10% of your account instead of 5% because it is $1.00 per pip so 100 X $1.00 = $100.00 and, if you want to do a consistent 5% calculation as your account increases or decreases you must calculate the number of pips of the Stop Loss each time by the amount in your account by 5%.
Now let’s look into another part of trading that is very misunderstood in more ways than one…
Let’s Do The Math Traders.
Let’s say you’re a Intra-day Trader and you want to use a 1 to 1 win loss ratio ? So in this case we will use a 10 trade scale with 80% wins and 20% losers:
For the sake of this explanation let’s say we are using a 100 pip Stop Loss and a 100 pip Take Profit which equals 1 to 1…
So on 8 of the trades we win 800 pips then on 2 of the trades we lose 200 pips. So think about this now… is this actually an 80% winning average? It is in the terms of actual trades won but is it actually 80% in the terms of pips made?
If you answered ‘no’ to this question you are 100% correct. You see, in reality, you made 800 pips but you lost 200 of those 800 so what are we left with? The answer is 600 pips… so doesn’t this sound more like a 60% win loss ratio than a 80% winning average? Indeed it does my friend.
Okay let’s try a 2 to 1 ratio where the Stop Loss SL is 200 pips ad the Take Profit TP is 100. The same applies it’s just the numbers are different. So on 8 of the trades we win 800 pips and then on 2 of the trades we lose 400 pips.
So think about this now… Is this actually 80% in the terms of pips made? If you answered ‘yes’ to this question you are wrong! You see, in reality, you made 800 pips but you lost 400 of those 800 so what are we left with?
The answer is 400 pips… so doesn’t this sound more like a 40% win loss ratio than an 80% average win rate? Indeed it does my friends. 40% is still winning in the markets but doesn’t 70% or even 80% sound better? It sure does to me…
So now let’s do this in the best way possible and let’s reverse the win loss average ratio. Instead, now we are going to use a 100 pip Stop SL and a 200 pip Take Profit TP . For fun let’s see what we end up with…
So on 8 of the trades we win 1,600 pips then on 2 of the trades we lose 200 pips. So now think harder about this calculation my friend? Is this actually an 80% winning ratio average? It still is in the terms of actual trades placed but is it actually 80% in the terms of pips made?
If you answered ‘no’ to this question then so right you are! You see, in this example you did far greater than in the last two examples above. In fact, you made 1,600 pips but you lost 200 of those 1,600 so now what are we left with?
So now what are we left with? The answer is 1,400 pips… so doesn’t this sound more like a 140% win loss ratio than an 80% average win ratio rate?
Indeed it does my friend, there is so many ways that traders have tried to Umanipulate and fudgeU the numbers over the years trying to make it look more appealing than it really is.
So with all that said, I just laid it out for you in an easy to read format with No Bull Crap! When it’s all said and done, it’s not the percentage of wins you make it’s how many pips did you gain…
Think about this my friend… it only makes sense that if your win loss ratio is greater than your lost pips you’re going to be ahead of the game. And trust me, all trading is, is a game. And a lot of the time it’s played dirty! “You really need to be on your toes when you play it?” Sorry I went off topic here for a brief moment.
So many traders alike try to twist money management theories around that it isn’t funny! Stick with the last example I showed you for this system as it’s for the Intra-day traders who trade on the 5 minute or 15 minute time frame and if you try and shoot for a 3 to 1 Take Profit TP / Stop Loss SL in terms of pips made.
Like for example, 50 pip Stop Loss SL to a 200 pip Take Profit TP this may not be achievable on a daily basis trading this on such small time frames. On the EUR/USD pair we certainly don’t have the 200 pip Average True Range on a daily basis now do we?
So now that we covered the win loss ratio as far as the Stop Loss SL and Take Profit TP is concerned let’s now take a look at what happens when we add more positions as we progress when our account size grows.
This is yet another part of money management that a lot of traders either fail to understand or take seriously. Let’s say we were trading 100,000 dollars worth of currency which equals to $10.00 per pip. And, let’s say we had a starting balance of $10,000 and we told our self that for every $1,000 gained we were going to add another $10,000 dollars to our position.
So when we reached the $11,000 dollar level we now are going to trade $110,000 dollars which equals $11.00 a pip. So for every pip gained on each trade we will be making an extra $1.00 so as you can see as time goes on if we made another 100 pips we also would have added another $100.00.
And say we were successful and we were winning 80% of our trades with a 2 to 1 win loss ratio… in no time we would double our account and make 100%. But and this is a BIG Butt! What if we had a bad streak of trades which happens from time to time, but now we are trading $200,000 dollars worth of currency which equals $20.00 per pip?
Can you see the horrific consequences this can cause? For example, we will be losing double the amount of money on a single trade which can cause all your profits to be eaten up quicker than you could say ‘Oh No!’
What took you 20 trades to accumulate $10,000 dollars can wipe out all your profits made in just a small handful of BAD trades. So please be careful when adding on to your position and remember to decrease your lot size as you lose so the ‘Impact’ won’t be so painful!
To avoid a situation like this, simply trade the same amount of lots from start to finish – yes it will take you a lot longer to grow your equity in your account but you’ll be practicing strict money management practices. Especially when learning a new system like Forex-U-Turn.
Now that we got that good old money management and leverage out of the way, I want to talk about the news announcements that come out on most days and how it can affect your trading dramatically!
Understand & Follow The Daily Forex News & Analise de perto.
Even though the Forex-U-Turn trading system is based off of Technical Analysis, you must learn the effects and deadly Impact that news has on the Forex Market. I suggest avoiding times of major news announcements as they can have major effects on prices.
It is not uncommon for news announcements that can cause 100 to 200 pip movements in a matter of minutes. Whilst this may sound appealing in a profitable trade, but what if it goes against you? It can cost you equally!
I typically recommend waiting 5 to 10 minutes after the announcement to allow the markets to calm down and choose a direction and then consider placing a trade if you see the correct Forex-U-Turn setup.
Practice this heavily with a demo account before ever entering with real money on the line. If you are in a trade right before the news hits, it is suggested to either tighten up your Stop Loss SL or simply just closing out your trade winning or losing to reserve capitol.
Please do be warned that it is very common that Stop Loss SL and Entries are not respected by many brokers during these times. It is much safer to try and avoid them completely. Here are some Forex News Websites I recommend:
Are a few good ones to go by…
YOU ARE PAID HANDSOMELY TO WAIT!
A maior parte do seu tempo de negociação está aguardando a instalação correta ideal para ocorrer. Sempre haverá dinheiro na mesa - você nunca pegará 100% do movimento, e uma vez que você perceber isso, você estará a milhas antes desse jogo incompreendido.
Você está esperando essas configurações perfeitas. Quanto melhor for a configuração, maior a chance de você ganhar o comércio. Se você não está ganhando entre 70% e # 8211; 80% of your trades, you need to step back and start waiting for better setups.
The greater amount of indicators that agree with your potential trade, the higher the chances you have of winning the trade. Remember , you are mainly paid to wait , and the better you are at waiting for the perfect setups, the more money you make.
But you also must understand that after all that waiting for the ideal setup to occur, you then have to wait even more for that trade to mature into a nice profit. So what’s the name of this game? Esperar! Esperar! Esperar! Then wait some more!
If you are scalping the Market for a quick 10 pips, sometimes it can happen in just a few minutes, But in most cases, it can take 15 to 30 minutes for that trade to develop – and trust me, that 30 minutes can seem like a lifetime has flashed before your eyes.
And, if you’re day trading or swing trading it can take even longer for a trade to turn into a BIG winner! It can take hours upon hours to fully blossom into a nice BIG FAT Win! And like I just said, that will feel like a whole lifetime flew right by YOU.
So PATIENCE is such a critical factor in all aspects of trading that without patience you’re more than likely to get out of trades that in other words would have turned into very profitable trades for you.
You have to try your best to put your human impulsiveness aside and put your discipline in full force. As discipline is the ‘key element’ to becoming a successful trader.
Now before I actually show you the system, I want to get into “True Support & Resistance” and how important it is in your trading…
Como encontrar suporte verdadeiro e amp; Resistência.
In this section I am going to show you how to find ‘ true support and resistance .’ In the 2 sections to follow I will show you two other forms of how to find support and resistance that I feel will benefit you in your trading activities.
But first, let’s find some good old support and resistance the good old fashioned way… Common it will be fun…
To find true support and resistance we first need to look at a higher time frame if say you trade the M15 time frame. Once we go to a higher time frame we then simply reduce the size of the chart. On Meta Trader 4 platform we would simply Zoom Out.
So once we have the chart reduced in size we now can look to find where price met more than once in the past and put a Horizontal Line on the chart. The more times price hits a certain price level and bounces off of that price level the stronger the support and/or resistance becomes…
Let’s take a look at this chart example so you can learn from it:
You can do this on any time frame that you are using and it is the only true way to find ‘True Support & Resistance.’
Encontrar Suporte & amp; Resistência usando médias móveis.
Some traders use moving averages to find support and resistance and they simply buy and sell off of them. You see, when price is above a moving average and price comes down to the moving average… a lot of the time they will buy off of it.
When price is below a moving average and price retraces back up to that moving average traders will sell off of it. Is this a fluke? Does this happen by chance? Or, is it just dumb luck that this happens? Not at all!
You see, traders use a lot of different moving averages to buy and sell off of based on certain technical factors in the market, but from what I have seen…here are the most effective moving averages traders use to buy and sell off of when price either drops down and touches it, Or when price retraces back up and touches it.
21 EMA = Exponential Moving Average. 50 EMA = Exponential Moving Average. 100 EMA = Exponential Moving Average. 200 EMA = Exponential Moving Average.
Now we can’t forget the Simple Moving Averages ? I honestly feel that the EMA are more powerful and truly believe that traders use them more so than the Simple Moving Averages…
21 SMA = Simple Moving Average. 50 SMA = Simple Moving Average. 100 SMA = Simple Moving Average. 200 SMA = Simple Moving Average.
Some traders use smaller moving averages like the 9 and 13 for other purposes but I just wanted to show you this to learn from… Are any of these moving averages part of the Forex-U-Turn trading system? No it they are not but if you are NEW to trading then this information is very valuable for sure.
Let’s take a look at a chart so you can see what I am talking about…
Here are some examples where they are selling off the 21 EMA…
Números inteiros que se transformam em suporte e amp; Resistência.
Now we are going to get into a form of support and resistance that is so over looked but is so ‘powerful’ it will blow your mind to see just how important this really is when making an entry trading decision, or an exit decision?
Because whole numbers are so Uextremely effectiveU I have decided to add it to the Forex-U-Turn trading system. It’s only recently that I have took a serious look at this…in the past like 3 years ago some trader was going on about it and I just blew it off!
But now I can see the importance of whole numbers and how traders alike buy and sell off of them just like the two other forms of support and resistance I just talked about. You see, when price comes UP to a whole number like 1.5700 for example traders see this as a major resistance level and either look to take profits at this level or to sell at this level.
When price is coming down to a whole number like 1.5300 for example traders see this as a strong support level and buy off of it. So can you guess what is even stronger than these whole numbers?
When price comes down or up to a whole number like 1.5000 or 2.000 for example, they are considered VERY STRONG turning points in the market.
Not just whole numbers are extreme buy and sell points, but in-between numbers have some merit, too. Meaning, 1.5150 is also considered a point in which traders look to buy when price is coming down to this price or sell when price is coming up to this price.
I like to call the whole numbers like 1.5400 ‘majors’ and the in-between numbers 1.5450 ‘minors’ because the whole numbers are easier to remember than the in-between numbers. It’s a lot easier to remember a price to buy or sell at 1.2450 as apposed to 1.2434. You see what I mean?
And, if you take a serious look at these whole numbers you will see price come up or down to them and stall some times and price will hang around there for hours sometimes until traders decide to break thru it or buy or sell off of that major/minor price level.
Another thing to remember is “ True Support & Resistance Traders ” Buy off of support and Sell off of resistance. So the 3 different ways I just showed you hot to find true support and resistance is 3 of the sure fire ways to find it and to use it to your advantage if that you have a entry setup to buy or sell and major support or resistance is near by then it is best to not do the trade setup.
Let’s now take a look at a few chart examples to show you exactly what I mean. Next we will cover exits of your trade positions…I have few different ways to show you how to get the most pips possible out of your trading.
As you can see it doesn’t always come exactly to a whole number and bounce off of it every time? But more often than not time and time again it sure does act as a major support and resistance point of entry or exit.
And 1 more thing, as you can see when price is coming up to a whole number you don’t want to be buying into 1.5300 and if price is dropping down to a whole number you don’t want to be selling into 1.5100? Please try to think in an opposite way my friends?
ANALYZE Your Exits Ladies & Cavalheiros.
The reason trading with a system is your best bet because most of the objective analysis is done before the trade is executed. Once a trader is in a -10 pip to -25 pip position he/she tends to analyze the market in a different way ‘hoping’ that the market will move in a favorable direction rather than objectively looking at the changing factors that may have turned against their original analysis.
This is especially true of losses.
Traders with a losing position tend to marry their position, which causes them to disregard the fact that all signs point towards continued losses. In this system, you will be show exactly where to place your stops. No more allowing your emotions to control your decisions.
Once that decision has been made, STICK WITH IT! If the price action turns around and goes back to the original direction if you get stopped out, you can always re-enter the trade when the trading guidelines have been met again.
However, once in a trade we have to try our best to manage it, so the way I like to do it is to do the 50% move stop profit management technique. Say we have a SL of 50 pips and we use a 2 to 1 win loss ratio just like I explained in the chapter above.
So then when we see 50 pips profit which is 50% we move our Stop Loss to break even, or even better, we move our Stop Loss to + 10 pips so then for sure we are managing our trade. Plus once we do that we are in a FREE trade as traders like to call it.
So let’s say after we move our Stop Loss to either break even or for a small profit would if we are in a buy trade and price moves up another 15 pips in our favor but now we are at a major resistance level, or better yet, a whole number – so what do we do? We analyze the situation and may consider taking 65 pips or so off the table instead of risking giving back all those 65 pips we just have accumulated.
So my friend, that is one way of exiting your trade… now let’s talk about a second and third way to take profits…
Trail 3 Bars Back Exit.
Another good way to exit out of a winning trade is to keep moving your Stop Loss after each bar closes. I like to use the M15 time frame as it seems to work quite nicely, however, smaller time frames is too choppy for this style of exit in my honest opinion.
So once you have moved your Stop Loss to the break even point you can start to trail the trade by putting the Stop Loss 2 pips under the third bar back from the current bar in a buy trade, or on top of the bar by 2 pips if in a sell trade. Very simple way indeed… Let’s now take a look at an example:
Forex – U – Turn Cross Over.
Now we are going to get into my favorite way to exit a trade with pips won or with a trade gone BAD! What makes Forex – U – Turn unique all in its own is the formation I stumbled upon one day looking at a old system from 2 years ago I was trying to develop.
Yes even before 4XPipSnager ladies and gents… I just couldn’t seem to find any value in it back then and just forgot about it until a few month’s ago back in April is when I saw the ‘W’ to buy and the ‘M’ to sell…it was so cool to see this POP OUT at me I tell you… Let’s take a sneak peak to show you what I mean:
One more example for you to see how we exit the trade as I was more so showing you how the U – Turn formation is formed above in the last chart illustration…
Very simple way of telling you that the near term trend has changed. But what’s really awesome about the Forex – U – Turn trading system is it will work on practically any time frame on any Market and at any time of the day.
So you can use it for ‘scalping’ ‘day trading’ ‘EOD’ End Of Day Trading and even long term investing as this amazing system will work on the weekly and monthly time frames… How do you like them apples? Like I have said before, this system is far superior to the 4XPipSnager trading system because you can use it as a ‘counter trend’ and ‘trend trading’ system.
Colocação correcta de parada de perdas.
Before we get into the Aggressive and Conservative ‘Blue Prints’ of this trading system, I want to go over with you the correct place to put your Stop Loss so you won’t get Stopped Out prematurely…
There are 2 different ways to go about placing your Stop Loss in the correct spot. First let me show you the S&R Stop…where you simply place your Stop Loss 5 pips below the current swing low in a buy trade, or 5 pips above the swing high in a sell trade which is your closest support and/or resistance level:
Here’s a sell Stop Loss example for you to see…
Now I want to go over another way to put your Stop Loss so the Big Dogs known as the Central Banks can’t ‘Hunt’ for your SL… It’s real simple, too. However, it does create more risk so you may have to adjust your money management a tad loser to compensate for this way of placing your Stop Loss Order…
All you do is simply find your closest support or resistance swing low or high, or if a major support or resistance is near by we will use that price level plus 40 to 50 pips for our Stop Loss like this:
Forex – U – Turn Blue Print Buy Entry.
First you will look for the ‘W’ formation on your chart like this:
Second you will wait for confirmation in the Forex – U – Turn filter like this:
Forex – U – Turn Blue Print Sell Entry.
First you look for the “M” formation on your chart like this:
Second you will wait for confirmation in the Forex – U – Turn filter like.
Forex – U – Turn Blue Print Aggressive Buy and Sell Entries.
Above I showed you the conservative buy and sell entries using the filter for a second confirmation to pull the ‘Trigger!’ which is very simple I’ll have to say. Now I will show you how to use the advanced aggressive way to trade Forex – U – Turn trading system so you can get into the trade entries even faster…
So, when entering the market one must not just see a U – Turn formation and jump into the trade, you must consider all the factors I talked about above about money management and to be disciplined. And,
your most vital weapon of them all: “Support & Resistance!”
If a major support level is near by then you may want to consider NOT to Sell. Or if a major resistance level is near by you may want to consider NOT to Buy? Common sense tells you that “Support & Resistance” traders do the opposite so you should too…
Remember the whole numbers I talked about? Remember the Moving averages? Or how about drawing good old support and resistance horizontal lines on your chart? All these factors are ‘Vital’ to your success no matter what strategy or trading system you employ to trade for you on a daily basis.
The more tools you have to trade with, the better the chance you will have at becoming a successful trader in a game that 98% lose.
Chart Examples To Lean From.
I want to show you a few examples of Forex–U–Turn buy and sell setups and a few important tips to try to stay out of BAD setups like tight ranging times of indecision:
You see in this chart, there is Yellow in the filter? I myself like to have no neutral color in the filter so in other examples you will see this…I am leaving the choice of the trader to either make this color the same color as the chart or to choose a color like yellow to give them a pre warning that a buy or sell trade setup is near.
Now let’s look at a few tight range examples to learn when to “Stay Out” of the market:
Here is another one for you to learn from…
Do you see how there is no yellow in the filter below in these last 2 chart examples? I find it to be distorting to my eyes and a very important part of making trading simple and easy to do is to NOT LOAD up the chart with a bunch of indicators and a lot of different colors to distort and/or distract you.
Above you see the Warning Alert in action to ‘Pre Alert You’ when a Fresh U-Turn is about to occur. All you have to do after you get the alert is look for the ‘ M ’ formation on the chart for a Sell Trade Setup if you’re trading the system “Aggressively!” Or, if you’re trading the Forex-U-Turn Trading System conservatively you would simply wait for the FX U-Turn filter in the bottom of the chart to confirm the sell trade setup.
If you are doing a long trade setup, all you have to do after you get the alert is look for the ‘ W ’ formation on the chart for a Buy Trade Setup if you’re trading the system “Aggressively!” Or, if you’re trading the Forex-U-Turn Trading System conservatively you would simply wait for the FX U-Turn filter in the bottom of the chart to confirm the buy trade setup.
Lastly, I want to share with you some knowledge an old trader friend shared with me about Technical and Fundamental Analysis…
Technical Analysis Verses Fundamental.
A lot of traders say they’re either a “Technical or Fundamental” when it comes to trading. O fato é que somos todos comerciantes 100% fundamentais é que alguns de nós ainda não percebem isso. I myself used to like to say that I was 70% Technical and 30% Fundamental until I had it explained to me by a very prominent and well respected Grain Futures Broker by the name of Mr. Tim Hannagan which has over 40 years trading experience in the markets.
Você vê, um comerciante técnico usa as ferramentas técnicas disponíveis em um gráfico, onde um comerciante fundamental usa elementos de notícias. Before a major news element comes out which could be days, and sometimes weeks before the market fears the worst to happen – known as “Fundamental Analysis.” You’ll see a 3 or 4 day move before the news takes place. Ele aparecerá como um padrão técnico em seu gráfico, mas toda a razão por isso aconteceu em primeiro lugar foi devido ao "TEMOR" do que "poderia acontecer" de um elemento fundamental para entrar no mercado.
Conhecido como ... "Compre The Rumor - Sell The Fact." Então, em essência, somos todos "Tradicionalmente 100% Pure Fundamental Traders".
I just want to say thank you to Mr. Tim Hannagan for his mentorship, in years past as if it wasn’t for him to teach me nearly everything I know about trading it would have came a lot harder than it did.
At first he didn’t want to teach me, but after bugging him for month’s on end he finally gave in and took me under his wing. We all have to learn from somewhere…trading or any other skill you master in life has to be taught and I sure hope you were able to learn a few important skills in this manual.
Forex Currency Trading Course : How to Trade Forex Successfully with U-TURN Cross Over Trading System.
The rules to this system are quite simple … As simplicity always works in my book of trading. É tão verdadeiro que a maioria dos comerciantes supera as coisas que no final faz mais perdas do que ganha.
Por que é que? Bem, as pessoas tendem a pensar que, uma vez que a negociação é uma das coisas mais difíceis de ganhar, eles tendem a pensar que deve ser sofisticado, quando na realidade é muito simples.
You see, what traders fail to realize is that the “ Fear and Greed ” is what makes us fail and NOT the system itself. We have Doctors and Lawyers who feel that the BIG money they make in their professions is not enough to satisfy their need for GREED and they think that just because they went to Law School or Doctors University that they have the intelligence to ‘outsmart’ the markets.
Well many of them have come to realize that it does not take smarts to win at trading. Rather, it takes sheer utmost discipline instead. And, it takes simplicity and a good trading system to succeed.
Unfortunately , when a lot of these highly educated people come to the market they usually have big trading accounts like $50,000 to $100,000 to play with. They make the mistake that the more money they have the easier the success will come…
This is why I want to go over the most important thing first before we get into the system itself. Can you guess what that is? If you guessed “ Money Management ” or “ Leverage ” then you just hit the nail bang on the head!
USE GOOD MONEY MANAGEMENT PRACTICES.
First rule of thumb is: Do NOT Over Trade! Over trading comes in a few different forms, and one of the most common mistakes that traders make is leveraging their account too high by either trading too many times in any one trading session, or by trading too much of their account at one time. In other words: Over – leveraging !
Leverage Is A Double Edged Sword!
Let’s first start with trading leverage:
Just because one lot [100,000 units] of currency only requires as low as $250 as a minimum margin deposit, it does not mean that a trader with a $5,000 in his or her account should be able to trade 15 to 18 lots.
One lot is $100,000 and should be treated as a $400,000 investment and NOT the $1,000 put up as margin. However, most traders analyze the charts correctly and place sensible trades for the most part, but yet they tend to over leverage themselves.
As a consequence of this, they are often forced to exit a trade position at the wrong time or become too emotionally charged to be in a constructive frame of mind to trade profitably.
Another form of “ over trading ” is to get in and out too many times in 1 trading session. If you are a scalper kind of trader, then you should only look to do 3 trades maximum.
If you’re an “ intraday trader ” then you should only look to do 1 trade a day but NO MORE than 2 trade setups each day in each session. If you use this trader mentality you’ll avoid over trading known as gambling when you try and trade 5 to 10 trades in just a few hours…
However, a good rule of thumb is to never use more than 5% of your trading account capitol at any given time, especially with HIGH leverage of particularly for NEW traders no matter how much Education you may have under your belt, or when learning a new trading system such as this one.
I recommend using an account with a more conservative level of leverage of no more than 100 to 1 or at most 200 to 1, and you might want to risk even less like 2% or even 1% as apposed to 5%.
So let’s say we have an account size of $1,000 and we want to risk 5% on a trade to make this example easy to figure out mathematics wise. So say the SL Stop Loss is 100 pips and we want to risk 5% of our capitol… What lot size can we trade?
A lot of traders really stumble to figure this out properly, I’m not perfect! I too had great difficulties to try and figure this out properly and to try and explain it is not easy! So let’s get back to the calculation folks…
A lot of traders seem get “ money management ” and “ leverage ” all mixed up. They think that they can risk 5% of their account meaning that they can trade by using the leverage as a guide for this 5% so they end up losing more than 5% of their initial capitol.
They trade like 0.10 one mini lot thinking this is ok when in reality if you lose 100 pips if the price hits your Stop Loss you will in fact lose 10% of your account instead of 5% because it is $1.00 per pip so 100 X $1.00 = $100.00 and, if you want to do a consistent 5% calculation as your account increases or decreases you must calculate the number of pips of the Stop Loss each time by the amount in your account by 5%.
Now let’s look into another part of trading that is very misunderstood in more ways than one…
Let’s Do The Math Traders.
Let’s say you’re a Intra-day Trader and you want to use a 1 to 1 win loss ratio ? So in this case we will use a 10 trade scale with 80% wins and 20% losers:
For the sake of this explanation let’s say we are using a 100 pip Stop Loss and a 100 pip Take Profit which equals 1 to 1…
So on 8 of the trades we win 800 pips then on 2 of the trades we lose 200 pips. So think about this now… is this actually an 80% winning average? It is in the terms of actual trades won but is it actually 80% in the terms of pips made?
If you answered ‘no’ to this question you are 100% correct. You see, in reality, you made 800 pips but you lost 200 of those 800 so what are we left with? The answer is 600 pips… so doesn’t this sound more like a 60% win loss ratio than a 80% winning average? Indeed it does my friend.
Okay let’s try a 2 to 1 ratio where the Stop Loss SL is 200 pips ad the Take Profit TP is 100. The same applies it’s just the numbers are different. So on 8 of the trades we win 800 pips and then on 2 of the trades we lose 400 pips.
So think about this now… Is this actually 80% in the terms of pips made? If you answered ‘yes’ to this question you are wrong! You see, in reality, you made 800 pips but you lost 400 of those 800 so what are we left with?
The answer is 400 pips… so doesn’t this sound more like a 40% win loss ratio than an 80% average win rate? Indeed it does my friends. 40% is still winning in the markets but doesn’t 70% or even 80% sound better? It sure does to me…
So now let’s do this in the best way possible and let’s reverse the win loss average ratio. Instead, now we are going to use a 100 pip Stop SL and a 200 pip Take Profit TP . For fun let’s see what we end up with…
So on 8 of the trades we win 1,600 pips then on 2 of the trades we lose 200 pips. So now think harder about this calculation my friend? Is this actually an 80% winning ratio average? It still is in the terms of actual trades placed but is it actually 80% in the terms of pips made?
If you answered ‘no’ to this question then so right you are! You see, in this example you did far greater than in the last two examples above. In fact, you made 1,600 pips but you lost 200 of those 1,600 so now what are we left with?
So now what are we left with? The answer is 1,400 pips… so doesn’t this sound more like a 140% win loss ratio than an 80% average win ratio rate?
Indeed it does my friend, there is so many ways that traders have tried to Umanipulate and fudgeU the numbers over the years trying to make it look more appealing than it really is.
So with all that said, I just laid it out for you in an easy to read format with No Bull Crap! When it’s all said and done, it’s not the percentage of wins you make it’s how many pips did you gain…
Think about this my friend… it only makes sense that if your win loss ratio is greater than your lost pips you’re going to be ahead of the game. And trust me, all trading is, is a game. And a lot of the time it’s played dirty! “You really need to be on your toes when you play it?” Sorry I went off topic here for a brief moment.
So many traders alike try to twist money management theories around that it isn’t funny! Stick with the last example I showed you for this system as it’s for the Intra-day traders who trade on the 5 minute or 15 minute time frame and if you try and shoot for a 3 to 1 Take Profit TP / Stop Loss SL in terms of pips made.
Like for example, 50 pip Stop Loss SL to a 200 pip Take Profit TP this may not be achievable on a daily basis trading this on such small time frames. On the EUR/USD pair we certainly don’t have the 200 pip Average True Range on a daily basis now do we?
So now that we covered the win loss ratio as far as the Stop Loss SL and Take Profit TP is concerned let’s now take a look at what happens when we add more positions as we progress when our account size grows.
This is yet another part of money management that a lot of traders either fail to understand or take seriously. Let’s say we were trading 100,000 dollars worth of currency which equals to $10.00 per pip. And, let’s say we had a starting balance of $10,000 and we told our self that for every $1,000 gained we were going to add another $10,000 dollars to our position.
So when we reached the $11,000 dollar level we now are going to trade $110,000 dollars which equals $11.00 a pip. So for every pip gained on each trade we will be making an extra $1.00 so as you can see as time goes on if we made another 100 pips we also would have added another $100.00.
And say we were successful and we were winning 80% of our trades with a 2 to 1 win loss ratio… in no time we would double our account and make 100%. But and this is a BIG Butt! What if we had a bad streak of trades which happens from time to time, but now we are trading $200,000 dollars worth of currency which equals $20.00 per pip?
Can you see the horrific consequences this can cause? For example, we will be losing double the amount of money on a single trade which can cause all your profits to be eaten up quicker than you could say ‘Oh No!’
What took you 20 trades to accumulate $10,000 dollars can wipe out all your profits made in just a small handful of BAD trades. So please be careful when adding on to your position and remember to decrease your lot size as you lose so the ‘Impact’ won’t be so painful!
To avoid a situation like this, simply trade the same amount of lots from start to finish – yes it will take you a lot longer to grow your equity in your account but you’ll be practicing strict money management practices. Especially when learning a new system like Forex-U-Turn.
Now that we got that good old money management and leverage out of the way, I want to talk about the news announcements that come out on most days and how it can affect your trading dramatically!
Understand & Follow The Daily Forex News & Analise de perto.
Even though the Forex-U-Turn trading system is based off of Technical Analysis, you must learn the effects and deadly Impact that news has on the Forex Market. I suggest avoiding times of major news announcements as they can have major effects on prices.
It is not uncommon for news announcements that can cause 100 to 200 pip movements in a matter of minutes. Whilst this may sound appealing in a profitable trade, but what if it goes against you? It can cost you equally!
I typically recommend waiting 5 to 10 minutes after the announcement to allow the markets to calm down and choose a direction and then consider placing a trade if you see the correct Forex-U-Turn setup.
Practice this heavily with a demo account before ever entering with real money on the line. If you are in a trade right before the news hits, it is suggested to either tighten up your Stop Loss SL or simply just closing out your trade winning or losing to reserve capitol.
Please do be warned that it is very common that Stop Loss SL and Entries are not respected by many brokers during these times. It is much safer to try and avoid them completely. Here are some Forex News Websites I recommend:
Are a few good ones to go by…
YOU ARE PAID HANDSOMELY TO WAIT!
A maior parte do seu tempo de negociação está aguardando a instalação correta ideal para ocorrer. Sempre haverá dinheiro na mesa - você nunca pegará 100% do movimento, e uma vez que você perceber isso, você estará a milhas antes desse jogo incompreendido.
Você está esperando essas configurações perfeitas. Quanto melhor for a configuração, maior a chance de você ganhar o comércio. Se você não está ganhando entre 70% e # 8211; 80% of your trades, you need to step back and start waiting for better setups.
The greater amount of indicators that agree with your potential trade, the higher the chances you have of winning the trade. Remember , you are mainly paid to wait , and the better you are at waiting for the perfect setups, the more money you make.
But you also must understand that after all that waiting for the ideal setup to occur, you then have to wait even more for that trade to mature into a nice profit. So what’s the name of this game? Esperar! Esperar! Esperar! Then wait some more!
If you are scalping the Market for a quick 10 pips, sometimes it can happen in just a few minutes, But in most cases, it can take 15 to 30 minutes for that trade to develop – and trust me, that 30 minutes can seem like a lifetime has flashed before your eyes.
And, if you’re day trading or swing trading it can take even longer for a trade to turn into a BIG winner! It can take hours upon hours to fully blossom into a nice BIG FAT Win! And like I just said, that will feel like a whole lifetime flew right by YOU.
So PATIENCE is such a critical factor in all aspects of trading that without patience you’re more than likely to get out of trades that in other words would have turned into very profitable trades for you.
You have to try your best to put your human impulsiveness aside and put your discipline in full force. As discipline is the ‘key element’ to becoming a successful trader.
Now before I actually show you the system, I want to get into “True Support & Resistance” and how important it is in your trading…
Como encontrar suporte verdadeiro e amp; Resistência.
In this section I am going to show you how to find ‘ true support and resistance .’ In the 2 sections to follow I will show you two other forms of how to find support and resistance that I feel will benefit you in your trading activities.
But first, let’s find some good old support and resistance the good old fashioned way… Common it will be fun…
To find true support and resistance we first need to look at a higher time frame if say you trade the M15 time frame. Once we go to a higher time frame we then simply reduce the size of the chart. On Meta Trader 4 platform we would simply Zoom Out.
So once we have the chart reduced in size we now can look to find where price met more than once in the past and put a Horizontal Line on the chart. The more times price hits a certain price level and bounces off of that price level the stronger the support and/or resistance becomes…
Let’s take a look at this chart example so you can learn from it:
You can do this on any time frame that you are using and it is the only true way to find ‘True Support & Resistance.’
Encontrar Suporte & amp; Resistência usando médias móveis.
Some traders use moving averages to find support and resistance and they simply buy and sell off of them. You see, when price is above a moving average and price comes down to the moving average… a lot of the time they will buy off of it.
When price is below a moving average and price retraces back up to that moving average traders will sell off of it. Is this a fluke? Does this happen by chance? Or, is it just dumb luck that this happens? Not at all!
You see, traders use a lot of different moving averages to buy and sell off of based on certain technical factors in the market, but from what I have seen…here are the most effective moving averages traders use to buy and sell off of when price either drops down and touches it, Or when price retraces back up and touches it.
21 EMA = Exponential Moving Average. 50 EMA = Exponential Moving Average. 100 EMA = Exponential Moving Average. 200 EMA = Exponential Moving Average.
Now we can’t forget the Simple Moving Averages ? I honestly feel that the EMA are more powerful and truly believe that traders use them more so than the Simple Moving Averages…
21 SMA = Simple Moving Average. 50 SMA = Simple Moving Average. 100 SMA = Simple Moving Average. 200 SMA = Simple Moving Average.
Some traders use smaller moving averages like the 9 and 13 for other purposes but I just wanted to show you this to learn from… Are any of these moving averages part of the Forex-U-Turn trading system? No it they are not but if you are NEW to trading then this information is very valuable for sure.
Let’s take a look at a chart so you can see what I am talking about…
Here are some examples where they are selling off the 21 EMA…
Números inteiros que se transformam em suporte e amp; Resistência.
Now we are going to get into a form of support and resistance that is so over looked but is so ‘powerful’ it will blow your mind to see just how important this really is when making an entry trading decision, or an exit decision?
Because whole numbers are so Uextremely effectiveU I have decided to add it to the Forex-U-Turn trading system. It’s only recently that I have took a serious look at this…in the past like 3 years ago some trader was going on about it and I just blew it off!
But now I can see the importance of whole numbers and how traders alike buy and sell off of them just like the two other forms of support and resistance I just talked about. You see, when price comes UP to a whole number like 1.5700 for example traders see this as a major resistance level and either look to take profits at this level or to sell at this level.
When price is coming down to a whole number like 1.5300 for example traders see this as a strong support level and buy off of it. So can you guess what is even stronger than these whole numbers?
When price comes down or up to a whole number like 1.5000 or 2.000 for example, they are considered VERY STRONG turning points in the market.
Not just whole numbers are extreme buy and sell points, but in-between numbers have some merit, too. Meaning, 1.5150 is also considered a point in which traders look to buy when price is coming down to this price or sell when price is coming up to this price.
I like to call the whole numbers like 1.5400 ‘majors’ and the in-between numbers 1.5450 ‘minors’ because the whole numbers are easier to remember than the in-between numbers. It’s a lot easier to remember a price to buy or sell at 1.2450 as apposed to 1.2434. You see what I mean?
And, if you take a serious look at these whole numbers you will see price come up or down to them and stall some times and price will hang around there for hours sometimes until traders decide to break thru it or buy or sell off of that major/minor price level.
Another thing to remember is “ True Support & Resistance Traders ” Buy off of support and Sell off of resistance. So the 3 different ways I just showed you hot to find true support and resistance is 3 of the sure fire ways to find it and to use it to your advantage if that you have a entry setup to buy or sell and major support or resistance is near by then it is best to not do the trade setup.
Let’s now take a look at a few chart examples to show you exactly what I mean. Next we will cover exits of your trade positions…I have few different ways to show you how to get the most pips possible out of your trading.
As you can see it doesn’t always come exactly to a whole number and bounce off of it every time? But more often than not time and time again it sure does act as a major support and resistance point of entry or exit.
And 1 more thing, as you can see when price is coming up to a whole number you don’t want to be buying into 1.5300 and if price is dropping down to a whole number you don’t want to be selling into 1.5100? Please try to think in an opposite way my friends?
ANALYZE Your Exits Ladies & Cavalheiros.
The reason trading with a system is your best bet because most of the objective analysis is done before the trade is executed. Once a trader is in a -10 pip to -25 pip position he/she tends to analyze the market in a different way ‘hoping’ that the market will move in a favorable direction rather than objectively looking at the changing factors that may have turned against their original analysis.
This is especially true of losses.
Traders with a losing position tend to marry their position, which causes them to disregard the fact that all signs point towards continued losses. In this system, you will be show exactly where to place your stops. No more allowing your emotions to control your decisions.
Once that decision has been made, STICK WITH IT! If the price action turns around and goes back to the original direction if you get stopped out, you can always re-enter the trade when the trading guidelines have been met again.
However, once in a trade we have to try our best to manage it, so the way I like to do it is to do the 50% move stop profit management technique. Say we have a SL of 50 pips and we use a 2 to 1 win loss ratio just like I explained in the chapter above.
So then when we see 50 pips profit which is 50% we move our Stop Loss to break even, or even better, we move our Stop Loss to + 10 pips so then for sure we are managing our trade. Plus once we do that we are in a FREE trade as traders like to call it.
So let’s say after we move our Stop Loss to either break even or for a small profit would if we are in a buy trade and price moves up another 15 pips in our favor but now we are at a major resistance level, or better yet, a whole number – so what do we do? We analyze the situation and may consider taking 65 pips or so off the table instead of risking giving back all those 65 pips we just have accumulated.
So my friend, that is one way of exiting your trade… now let’s talk about a second and third way to take profits…
Trail 3 Bars Back Exit.
Another good way to exit out of a winning trade is to keep moving your Stop Loss after each bar closes. I like to use the M15 time frame as it seems to work quite nicely, however, smaller time frames is too choppy for this style of exit in my honest opinion.
So once you have moved your Stop Loss to the break even point you can start to trail the trade by putting the Stop Loss 2 pips under the third bar back from the current bar in a buy trade, or on top of the bar by 2 pips if in a sell trade. Very simple way indeed… Let’s now take a look at an example:
Forex – U – Turn Cross Over.
Now we are going to get into my favorite way to exit a trade with pips won or with a trade gone BAD! What makes Forex – U – Turn unique all in its own is the formation I stumbled upon one day looking at a old system from 2 years ago I was trying to develop.
Yes even before 4XPipSnager ladies and gents… I just couldn’t seem to find any value in it back then and just forgot about it until a few month’s ago back in April is when I saw the ‘W’ to buy and the ‘M’ to sell…it was so cool to see this POP OUT at me I tell you… Let’s take a sneak peak to show you what I mean:
One more example for you to see how we exit the trade as I was more so showing you how the U – Turn formation is formed above in the last chart illustration…
Very simple way of telling you that the near term trend has changed. But what’s really awesome about the Forex – U – Turn trading system is it will work on practically any time frame on any Market and at any time of the day.
So you can use it for ‘scalping’ ‘day trading’ ‘EOD’ End Of Day Trading and even long term investing as this amazing system will work on the weekly and monthly time frames… How do you like them apples? Like I have said before, this system is far superior to the 4XPipSnager trading system because you can use it as a ‘counter trend’ and ‘trend trading’ system.
Colocação correcta de parada de perdas.
Before we get into the Aggressive and Conservative ‘Blue Prints’ of this trading system, I want to go over with you the correct place to put your Stop Loss so you won’t get Stopped Out prematurely…
There are 2 different ways to go about placing your Stop Loss in the correct spot. First let me show you the S&R Stop…where you simply place your Stop Loss 5 pips below the current swing low in a buy trade, or 5 pips above the swing high in a sell trade which is your closest support and/or resistance level:
Here’s a sell Stop Loss example for you to see…
Now I want to go over another way to put your Stop Loss so the Big Dogs known as the Central Banks can’t ‘Hunt’ for your SL… It’s real simple, too. However, it does create more risk so you may have to adjust your money management a tad loser to compensate for this way of placing your Stop Loss Order…
All you do is simply find your closest support or resistance swing low or high, or if a major support or resistance is near by we will use that price level plus 40 to 50 pips for our Stop Loss like this:
Forex – U – Turn Blue Print Buy Entry.
First you will look for the ‘W’ formation on your chart like this:
Second you will wait for confirmation in the Forex – U – Turn filter like this:
Forex – U – Turn Blue Print Sell Entry.
First you look for the “M” formation on your chart like this:
Second you will wait for confirmation in the Forex – U – Turn filter like.
Forex – U – Turn Blue Print Aggressive Buy and Sell Entries.
Above I showed you the conservative buy and sell entries using the filter for a second confirmation to pull the ‘Trigger!’ which is very simple I’ll have to say. Now I will show you how to use the advanced aggressive way to trade Forex – U – Turn trading system so you can get into the trade entries even faster…
So, when entering the market one must not just see a U – Turn formation and jump into the trade, you must consider all the factors I talked about above about money management and to be disciplined. And,
your most vital weapon of them all: “Support & Resistance!”
If a major support level is near by then you may want to consider NOT to Sell. Or if a major resistance level is near by you may want to consider NOT to Buy? Common sense tells you that “Support & Resistance” traders do the opposite so you should too…
Remember the whole numbers I talked about? Remember the Moving averages? Or how about drawing good old support and resistance horizontal lines on your chart? All these factors are ‘Vital’ to your success no matter what strategy or trading system you employ to trade for you on a daily basis.
The more tools you have to trade with, the better the chance you will have at becoming a successful trader in a game that 98% lose.
Chart Examples To Lean From.
I want to show you a few examples of Forex–U–Turn buy and sell setups and a few important tips to try to stay out of BAD setups like tight ranging times of indecision:
You see in this chart, there is Yellow in the filter? I myself like to have no neutral color in the filter so in other examples you will see this…I am leaving the choice of the trader to either make this color the same color as the chart or to choose a color like yellow to give them a pre warning that a buy or sell trade setup is near.
Now let’s look at a few tight range examples to learn when to “Stay Out” of the market:
Here is another one for you to learn from…
Do you see how there is no yellow in the filter below in these last 2 chart examples? I find it to be distorting to my eyes and a very important part of making trading simple and easy to do is to NOT LOAD up the chart with a bunch of indicators and a lot of different colors to distort and/or distract you.
Above you see the Warning Alert in action to ‘Pre Alert You’ when a Fresh U-Turn is about to occur. All you have to do after you get the alert is look for the ‘ M ’ formation on the chart for a Sell Trade Setup if you’re trading the system “Aggressively!” Or, if you’re trading the Forex-U-Turn Trading System conservatively you would simply wait for the FX U-Turn filter in the bottom of the chart to confirm the sell trade setup.
If you are doing a long trade setup, all you have to do after you get the alert is look for the ‘ W ’ formation on the chart for a Buy Trade Setup if you’re trading the system “Aggressively!” Or, if you’re trading the Forex-U-Turn Trading System conservatively you would simply wait for the FX U-Turn filter in the bottom of the chart to confirm the buy trade setup.
Lastly, I want to share with you some knowledge an old trader friend shared with me about Technical and Fundamental Analysis…
Technical Analysis Verses Fundamental.
A lot of traders say they’re either a “Technical or Fundamental” when it comes to trading. O fato é que somos todos comerciantes 100% fundamentais é que alguns de nós ainda não percebem isso. I myself used to like to say that I was 70% Technical and 30% Fundamental until I had it explained to me by a very prominent and well respected Grain Futures Broker by the name of Mr. Tim Hannagan which has over 40 years trading experience in the markets.
Você vê, um comerciante técnico usa as ferramentas técnicas disponíveis em um gráfico, onde um comerciante fundamental usa elementos de notícias. Before a major news element comes out which could be days, and sometimes weeks before the market fears the worst to happen – known as “Fundamental Analysis.” You’ll see a 3 or 4 day move before the news takes place. Ele aparecerá como um padrão técnico em seu gráfico, mas toda a razão por isso aconteceu em primeiro lugar foi devido ao "TEMOR" do que "poderia acontecer" de um elemento fundamental para entrar no mercado.
Conhecido como ... "Compre The Rumor - Sell The Fact." Então, em essência, somos todos "Tradicionalmente 100% Pure Fundamental Traders".
I just want to say thank you to Mr. Tim Hannagan for his mentorship, in years past as if it wasn’t for him to teach me nearly everything I know about trading it would have came a lot harder than it did.
At first he didn’t want to teach me, but after bugging him for month’s on end he finally gave in and took me under his wing. We all have to learn from somewhere…trading or any other skill you master in life has to be taught and I sure hope you were able to learn a few important skills in this manual.
Forex Currency Trading Course : How to Trade Forex Successfully with U-TURN Cross Over Trading System.
The rules to this system are quite simple … As simplicity always works in my book of trading. É tão verdadeiro que a maioria dos comerciantes supera as coisas que no final faz mais perdas do que ganha.
Por que é que? Bem, as pessoas tendem a pensar que, uma vez que a negociação é uma das coisas mais difíceis de ganhar, eles tendem a pensar que deve ser sofisticado, quando na realidade é muito simples.
You see, what traders fail to realize is that the “ Fear and Greed ” is what makes us fail and NOT the system itself. We have Doctors and Lawyers who feel that the BIG money they make in their professions is not enough to satisfy their need for GREED and they think that just because they went to Law School or Doctors University that they have the intelligence to ‘outsmart’ the markets.
Well many of them have come to realize that it does not take smarts to win at trading. Rather, it takes sheer utmost discipline instead. And, it takes simplicity and a good trading system to succeed.
Unfortunately , when a lot of these highly educated people come to the market they usually have big trading accounts like $50,000 to $100,000 to play with. They make the mistake that the more money they have the easier the success will come…
This is why I want to go over the most important thing first before we get into the system itself. Can you guess what that is? If you guessed “ Money Management ” or “ Leverage ” then you just hit the nail bang on the head!
USE GOOD MONEY MANAGEMENT PRACTICES.
First rule of thumb is: Do NOT Over Trade! Over trading comes in a few different forms, and one of the most common mistakes that traders make is leveraging their account too high by either trading too many times in any one trading session, or by trading too much of their account at one time. In other words: Over – leveraging !
Leverage Is A Double Edged Sword!
Let’s first start with trading leverage:
Just because one lot [100,000 units] of currency only requires as low as $250 as a minimum margin deposit, it does not mean that a trader with a $5,000 in his or her account should be able to trade 15 to 18 lots.
One lot is $100,000 and should be treated as a $400,000 investment and NOT the $1,000 put up as margin. However, most traders analyze the charts correctly and place sensible trades for the most part, but yet they tend to over leverage themselves.
As a consequence of this, they are often forced to exit a trade position at the wrong time or become too emotionally charged to be in a constructive frame of mind to trade profitably.
Another form of “ over trading ” is to get in and out too many times in 1 trading session. If you are a scalper kind of trader, then you should only look to do 3 trades maximum.
If you’re an “ intraday trader ” then you should only look to do 1 trade a day but NO MORE than 2 trade setups each day in each session. If you use this trader mentality you’ll avoid over trading known as gambling when you try and trade 5 to 10 trades in just a few hours…
However, a good rule of thumb is to never use more than 5% of your trading account capitol at any given time, especially with HIGH leverage of particularly for NEW traders no matter how much Education you may have under your belt, or when learning a new trading system such as this one.
I recommend using an account with a more conservative level of leverage of no more than 100 to 1 or at most 200 to 1, and you might want to risk even less like 2% or even 1% as apposed to 5%.
So let’s say we have an account size of $1,000 and we want to risk 5% on a trade to make this example easy to figure out mathematics wise. So say the SL Stop Loss is 100 pips and we want to risk 5% of our capitol… What lot size can we trade?
A lot of traders really stumble to figure this out properly, I’m not perfect! I too had great difficulties to try and figure this out properly and to try and explain it is not easy! So let’s get back to the calculation folks…
A lot of traders seem get “ money management ” and “ leverage ” all mixed up. They think that they can risk 5% of their account meaning that they can trade by using the leverage as a guide for this 5% so they end up losing more than 5% of their initial capitol.
They trade like 0.10 one mini lot thinking this is ok when in reality if you lose 100 pips if the price hits your Stop Loss you will in fact lose 10% of your account instead of 5% because it is $1.00 per pip so 100 X $1.00 = $100.00 and, if you want to do a consistent 5% calculation as your account increases or decreases you must calculate the number of pips of the Stop Loss each time by the amount in your account by 5%.
Now let’s look into another part of trading that is very misunderstood in more ways than one…
Let’s Do The Math Traders.
Let’s say you’re a Intra-day Trader and you want to use a 1 to 1 win loss ratio ? So in this case we will use a 10 trade scale with 80% wins and 20% losers:
For the sake of this explanation let’s say we are using a 100 pip Stop Loss and a 100 pip Take Profit which equals 1 to 1…
So on 8 of the trades we win 800 pips then on 2 of the trades we lose 200 pips. So think about this now… is this actually an 80% winning average? It is in the terms of actual trades won but is it actually 80% in the terms of pips made?
If you answered ‘no’ to this question you are 100% correct. You see, in reality, you made 800 pips but you lost 200 of those 800 so what are we left with? The answer is 600 pips… so doesn’t this sound more like a 60% win loss ratio than a 80% winning average? Indeed it does my friend.
Okay let’s try a 2 to 1 ratio where the Stop Loss SL is 200 pips ad the Take Profit TP is 100. The same applies it’s just the numbers are different. So on 8 of the trades we win 800 pips and then on 2 of the trades we lose 400 pips.
So think about this now… Is this actually 80% in the terms of pips made? If you answered ‘yes’ to this question you are wrong! You see, in reality, you made 800 pips but you lost 400 of those 800 so what are we left with?
The answer is 400 pips… so doesn’t this sound more like a 40% win loss ratio than an 80% average win rate? Indeed it does my friends. 40% is still winning in the markets but doesn’t 70% or even 80% sound better? It sure does to me…
So now let’s do this in the best way possible and let’s reverse the win loss average ratio. Instead, now we are going to use a 100 pip Stop SL and a 200 pip Take Profit TP . For fun let’s see what we end up with…
So on 8 of the trades we win 1,600 pips then on 2 of the trades we lose 200 pips. So now think harder about this calculation my friend? Is this actually an 80% winning ratio average? It still is in the terms of actual trades placed but is it actually 80% in the terms of pips made?
If you answered ‘no’ to this question then so right you are! You see, in this example you did far greater than in the last two examples above. In fact, you made 1,600 pips but you lost 200 of those 1,600 so now what are we left with?
So now what are we left with? The answer is 1,400 pips… so doesn’t this sound more like a 140% win loss ratio than an 80% average win ratio rate?
Indeed it does my friend, there is so many ways that traders have tried to Umanipulate and fudgeU the numbers over the years trying to make it look more appealing than it really is.
So with all that said, I just laid it out for you in an easy to read format with No Bull Crap! When it’s all said and done, it’s not the percentage of wins you make it’s how many pips did you gain…
Think about this my friend… it only makes sense that if your win loss ratio is greater than your lost pips you’re going to be ahead of the game. And trust me, all trading is, is a game. And a lot of the time it’s played dirty! “You really need to be on your toes when you play it?” Sorry I went off topic here for a brief moment.
So many traders alike try to twist money management theories around that it isn’t funny! Stick with the last example I showed you for this system as it’s for the Intra-day traders who trade on the 5 minute or 15 minute time frame and if you try and shoot for a 3 to 1 Take Profit TP / Stop Loss SL in terms of pips made.
Like for example, 50 pip Stop Loss SL to a 200 pip Take Profit TP this may not be achievable on a daily basis trading this on such small time frames. On the EUR/USD pair we certainly don’t have the 200 pip Average True Range on a daily basis now do we?
So now that we covered the win loss ratio as far as the Stop Loss SL and Take Profit TP is concerned let’s now take a look at what happens when we add more positions as we progress when our account size grows.
This is yet another part of money management that a lot of traders either fail to understand or take seriously. Let’s say we were trading 100,000 dollars worth of currency which equals to $10.00 per pip. And, let’s say we had a starting balance of $10,000 and we told our self that for every $1,000 gained we were going to add another $10,000 dollars to our position.
So when we reached the $11,000 dollar level we now are going to trade $110,000 dollars which equals $11.00 a pip. So for every pip gained on each trade we will be making an extra $1.00 so as you can see as time goes on if we made another 100 pips we also would have added another $100.00.
And say we were successful and we were winning 80% of our trades with a 2 to 1 win loss ratio… in no time we would double our account and make 100%. But and this is a BIG Butt! What if we had a bad streak of trades which happens from time to time, but now we are trading $200,000 dollars worth of currency which equals $20.00 per pip?
Can you see the horrific consequences this can cause? For example, we will be losing double the amount of money on a single trade which can cause all your profits to be eaten up quicker than you could say ‘Oh No!’
What took you 20 trades to accumulate $10,000 dollars can wipe out all your profits made in just a small handful of BAD trades. So please be careful when adding on to your position and remember to decrease your lot size as you lose so the ‘Impact’ won’t be so painful!
To avoid a situation like this, simply trade the same amount of lots from start to finish – yes it will take you a lot longer to grow your equity in your account but you’ll be practicing strict money management practices. Especially when learning a new system like Forex-U-Turn.
Now that we got that good old money management and leverage out of the way, I want to talk about the news announcements that come out on most days and how it can affect your trading dramatically!
Understand & Follow The Daily Forex News & Analise de perto.
Even though the Forex-U-Turn trading system is based off of Technical Analysis, you must learn the effects and deadly Impact that news has on the Forex Market. I suggest avoiding times of major news announcements as they can have major effects on prices.
It is not uncommon for news announcements that can cause 100 to 200 pip movements in a matter of minutes. Whilst this may sound appealing in a profitable trade, but what if it goes against you? It can cost you equally!
I typically recommend waiting 5 to 10 minutes after the announcement to allow the markets to calm down and choose a direction and then consider placing a trade if you see the correct Forex-U-Turn setup.
Practice this heavily with a demo account before ever entering with real money on the line. If you are in a trade right before the news hits, it is suggested to either tighten up your Stop Loss SL or simply just closing out your trade winning or losing to reserve capitol.
Please do be warned that it is very common that Stop Loss SL and Entries are not respected by many brokers during these times. It is much safer to try and avoid them completely. Here are some Forex News Websites I recommend:
Are a few good ones to go by…
YOU ARE PAID HANDSOMELY TO WAIT!
A maior parte do seu tempo de negociação está aguardando a instalação correta ideal para ocorrer. Sempre haverá dinheiro na mesa - você nunca pegará 100% do movimento, e uma vez que você perceber isso, você estará a milhas antes desse jogo incompreendido.
Você está esperando essas configurações perfeitas. Quanto melhor for a configuração, maior a chance de você ganhar o comércio. Se você não está ganhando entre 70% e # 8211; 80% of your trades, you need to step back and start waiting for better setups.
The greater amount of indicators that agree with your potential trade, the higher the chances you have of winning the trade. Remember , you are mainly paid to wait , and the better you are at waiting for the perfect setups, the more money you make.
But you also must understand that after all that waiting for the ideal setup to occur, you then have to wait even more for that trade to mature into a nice profit. So what’s the name of this game? Esperar! Esperar! Esperar! Then wait some more!
If you are scalping the Market for a quick 10 pips, sometimes it can happen in just a few minutes, But in most cases, it can take 15 to 30 minutes for that trade to develop – and trust me, that 30 minutes can seem like a lifetime has flashed before your eyes.
And, if you’re day trading or swing trading it can take even longer for a trade to turn into a BIG winner! It can take hours upon hours to fully blossom into a nice BIG FAT Win! And like I just said, that will feel like a whole lifetime flew right by YOU.
So PATIENCE is such a critical factor in all aspects of trading that without patience you’re more than likely to get out of trades that in other words would have turned into very profitable trades for you.
You have to try your best to put your human impulsiveness aside and put your discipline in full force. As discipline is the ‘key element’ to becoming a successful trader.
Now before I actually show you the system, I want to get into “True Support & Resistance” and how important it is in your trading…
Como encontrar suporte verdadeiro e amp; Resistência.
In this section I am going to show you how to find ‘ true support and resistance .’ In the 2 sections to follow I will show you two other forms of how to find support and resistance that I feel will benefit you in your trading activities.
But first, let’s find some good old support and resistance the good old fashioned way… Common it will be fun…
To find true support and resistance we first need to look at a higher time frame if say you trade the M15 time frame. Once we go to a higher time frame we then simply reduce the size of the chart. On Meta Trader 4 platform we would simply Zoom Out.
So once we have the chart reduced in size we now can look to find where price met more than once in the past and put a Horizontal Line on the chart. The more times price hits a certain price level and bounces off of that price level the stronger the support and/or resistance becomes…
Let’s take a look at this chart example so you can learn from it:
You can do this on any time frame that you are using and it is the only true way to find ‘True Support & Resistance.’
Encontrar Suporte & amp; Resistência usando médias móveis.
Some traders use moving averages to find support and resistance and they simply buy and sell off of them. You see, when price is above a moving average and price comes down to the moving average… a lot of the time they will buy off of it.
When price is below a moving average and price retraces back up to that moving average traders will sell off of it. Is this a fluke? Does this happen by chance? Or, is it just dumb luck that this happens? Not at all!
You see, traders use a lot of different moving averages to buy and sell off of based on certain technical factors in the market, but from what I have seen…here are the most effective moving averages traders use to buy and sell off of when price either drops down and touches it, Or when price retraces back up and touches it.
21 EMA = Exponential Moving Average. 50 EMA = Exponential Moving Average. 100 EMA = Exponential Moving Average. 200 EMA = Exponential Moving Average.
Now we can’t forget the Simple Moving Averages ? I honestly feel that the EMA are more powerful and truly believe that traders use them more so than the Simple Moving Averages…
21 SMA = Simple Moving Average. 50 SMA = Simple Moving Average. 100 SMA = Simple Moving Average. 200 SMA = Simple Moving Average.
Some traders use smaller moving averages like the 9 and 13 for other purposes but I just wanted to show you this to learn from… Are any of these moving averages part of the Forex-U-Turn trading system? No it they are not but if you are NEW to trading then this information is very valuable for sure.
Let’s take a look at a chart so you can see what I am talking about…
Here are some examples where they are selling off the 21 EMA…
Números inteiros que se transformam em suporte e amp; Resistência.
Now we are going to get into a form of support and resistance that is so over looked but is so ‘powerful’ it will blow your mind to see just how important this really is when making an entry trading decision, or an exit decision?
Because whole numbers are so Uextremely effectiveU I have decided to add it to the Forex-U-Turn trading system. It’s only recently that I have took a serious look at this…in the past like 3 years ago some trader was going on about it and I just blew it off!
But now I can see the importance of whole numbers and how traders alike buy and sell off of them just like the two other forms of support and resistance I just talked about. You see, when price comes UP to a whole number like 1.5700 for example traders see this as a major resistance level and either look to take profits at this level or to sell at this level.
When price is coming down to a whole number like 1.5300 for example traders see this as a strong support level and buy off of it. So can you guess what is even stronger than these whole numbers?
When price comes down or up to a whole number like 1.5000 or 2.000 for example, they are considered VERY STRONG turning points in the market.
Not just whole numbers are extreme buy and sell points, but in-between numbers have some merit, too. Meaning, 1.5150 is also considered a point in which traders look to buy when price is coming down to this price or sell when price is coming up to this price.
I like to call the whole numbers like 1.5400 ‘majors’ and the in-between numbers 1.5450 ‘minors’ because the whole numbers are easier to remember than the in-between numbers. It’s a lot easier to remember a price to buy or sell at 1.2450 as apposed to 1.2434. You see what I mean?
And, if you take a serious look at these whole numbers you will see price come up or down to them and stall some times and price will hang around there for hours sometimes until traders decide to break thru it or buy or sell off of that major/minor price level.
Another thing to remember is “ True Support & Resistance Traders ” Buy off of support and Sell off of resistance. So the 3 different ways I just showed you hot to find true support and resistance is 3 of the sure fire ways to find it and to use it to your advantage if that you have a entry setup to buy or sell and major support or resistance is near by then it is best to not do the trade setup.
Let’s now take a look at a few chart examples to show you exactly what I mean. Next we will cover exits of your trade positions…I have few different ways to show you how to get the most pips possible out of your trading.
As you can see it doesn’t always come exactly to a whole number and bounce off of it every time? But more often than not time and time again it sure does act as a major support and resistance point of entry or exit.
And 1 more thing, as you can see when price is coming up to a whole number you don’t want to be buying into 1.5300 and if price is dropping down to a whole number you don’t want to be selling into 1.5100? Please try to think in an opposite way my friends?
ANALYZE Your Exits Ladies & Cavalheiros.
The reason trading with a system is your best bet because most of the objective analysis is done before the trade is executed. Once a trader is in a -10 pip to -25 pip position he/she tends to analyze the market in a different way ‘hoping’ that the market will move in a favorable direction rather than objectively looking at the changing factors that may have turned against their original analysis.
This is especially true of losses.
Traders with a losing position tend to marry their position, which causes them to disregard the fact that all signs point towards continued losses. In this system, you will be show exactly where to place your stops. No more allowing your emotions to control your decisions.
Once that decision has been made, STICK WITH IT! If the price action turns around and goes back to the original direction if you get stopped out, you can always re-enter the trade when the trading guidelines have been met again.
However, once in a trade we have to try our best to manage it, so the way I like to do it is to do the 50% move stop profit management technique. Say we have a SL of 50 pips and we use a 2 to 1 win loss ratio just like I explained in the chapter above.
So then when we see 50 pips profit which is 50% we move our Stop Loss to break even, or even better, we move our Stop Loss to + 10 pips so then for sure we are managing our trade. Plus once we do that we are in a FREE trade as traders like to call it.
So let’s say after we move our Stop Loss to either break even or for a small profit would if we are in a buy trade and price moves up another 15 pips in our favor but now we are at a major resistance level, or better yet, a whole number – so what do we do? We analyze the situation and may consider taking 65 pips or so off the table instead of risking giving back all those 65 pips we just have accumulated.
So my friend, that is one way of exiting your trade… now let’s talk about a second and third way to take profits…
Trail 3 Bars Back Exit.
Another good way to exit out of a winning trade is to keep moving your Stop Loss after each bar closes. I like to use the M15 time frame as it seems to work quite nicely, however, smaller time frames is too choppy for this style of exit in my honest opinion.
So once you have moved your Stop Loss to the break even point you can start to trail the trade by putting the Stop Loss 2 pips under the third bar back from the current bar in a buy trade, or on top of the bar by 2 pips if in a sell trade. Very simple way indeed… Let’s now take a look at an example:
Forex – U – Turn Cross Over.
Now we are going to get into my favorite way to exit a trade with pips won or with a trade gone BAD! What makes Forex – U – Turn unique all in its own is the formation I stumbled upon one day looking at a old system from 2 years ago I was trying to develop.
Yes even before 4XPipSnager ladies and gents… I just couldn’t seem to find any value in it back then and just forgot about it until a few month’s ago back in April is when I saw the ‘W’ to buy and the ‘M’ to sell…it was so cool to see this POP OUT at me I tell you… Let’s take a sneak peak to show you what I mean:
One more example for you to see how we exit the trade as I was more so showing you how the U – Turn formation is formed above in the last chart illustration…
Very simple way of telling you that the near term trend has changed. But what’s really awesome about the Forex – U – Turn trading system is it will work on practically any time frame on any Market and at any time of the day.
So you can use it for ‘scalping’ ‘day trading’ ‘EOD’ End Of Day Trading and even long term investing as this amazing system will work on the weekly and monthly time frames… How do you like them apples? Like I have said before, this system is far superior to the 4XPipSnager trading system because you can use it as a ‘counter trend’ and ‘trend trading’ system.
Colocação correcta de parada de perdas.
Before we get into the Aggressive and Conservative ‘Blue Prints’ of this trading system, I want to go over with you the correct place to put your Stop Loss so you won’t get Stopped Out prematurely…
There are 2 different ways to go about placing your Stop Loss in the correct spot. First let me show you the S&R Stop…where you simply place your Stop Loss 5 pips below the current swing low in a buy trade, or 5 pips above the swing high in a sell trade which is your closest support and/or resistance level:
Here’s a sell Stop Loss example for you to see…
Now I want to go over another way to put your Stop Loss so the Big Dogs known as the Central Banks can’t ‘Hunt’ for your SL… It’s real simple, too. However, it does create more risk so you may have to adjust your money management a tad loser to compensate for this way of placing your Stop Loss Order…
All you do is simply find your closest support or resistance swing low or high, or if a major support or resistance is near by we will use that price level plus 40 to 50 pips for our Stop Loss like this:
Forex – U – Turn Blue Print Buy Entry.
First you will look for the ‘W’ formation on your chart like this:
Second you will wait for confirmation in the Forex – U – Turn filter like this:
Forex – U – Turn Blue Print Sell Entry.
First you look for the “M” formation on your chart like this:
Second you will wait for confirmation in the Forex – U – Turn filter like.
Forex – U – Turn Blue Print Aggressive Buy and Sell Entries.
Above I showed you the conservative buy and sell entries using the filter for a second confirmation to pull the ‘Trigger!’ which is very simple I’ll have to say. Now I will show you how to use the advanced aggressive way to trade Forex – U – Turn trading system so you can get into the trade entries even faster…
So, when entering the market one must not just see a U – Turn formation and jump into the trade, you must consider all the factors I talked about above about money management and to be disciplined. And,
your most vital weapon of them all: “Support & Resistance!”
If a major support level is near by then you may want to consider NOT to Sell. Or if a major resistance level is near by you may want to consider NOT to Buy? Common sense tells you that “Support & Resistance” traders do the opposite so you should too…
Remember the whole numbers I talked about? Remember the Moving averages? Or how about drawing good old support and resistance horizontal lines on your chart? All these factors are ‘Vital’ to your success no matter what strategy or trading system you employ to trade for you on a daily basis.
The more tools you have to trade with, the better the chance you will have at becoming a successful trader in a game that 98% lose.
Chart Examples To Lean From.
I want to show you a few examples of Forex–U–Turn buy and sell setups and a few important tips to try to stay out of BAD setups like tight ranging times of indecision:
You see in this chart, there is Yellow in the filter? I myself like to have no neutral color in the filter so in other examples you will see this…I am leaving the choice of the trader to either make this color the same color as the chart or to choose a color like yellow to give them a pre warning that a buy or sell trade setup is near.
Now let’s look at a few tight range examples to learn when to “Stay Out” of the market:
Here is another one for you to learn from…
Do you see how there is no yellow in the filter below in these last 2 chart examples? I find it to be distorting to my eyes and a very important part of making trading simple and easy to do is to NOT LOAD up the chart with a bunch of indicators and a lot of different colors to distort and/or distract you.
Above you see the Warning Alert in action to ‘Pre Alert You’ when a Fresh U-Turn is about to occur. All you have to do after you get the alert is look for the ‘ M ’ formation on the chart for a Sell Trade Setup if you’re trading the system “Aggressively!” Or, if you’re trading the Forex-U-Turn Trading System conservatively you would simply wait for the FX U-Turn filter in the bottom of the chart to confirm the sell trade setup.
If you are doing a long trade setup, all you have to do after you get the alert is look for the ‘ W ’ formation on the chart for a Buy Trade Setup if you’re trading the system “Aggressively!” Or, if you’re trading the Forex-U-Turn Trading System conservatively you would simply wait for the FX U-Turn filter in the bottom of the chart to confirm the buy trade setup.
Lastly, I want to share with you some knowledge an old trader friend shared with me about Technical and Fundamental Analysis…
Technical Analysis Verses Fundamental.
A lot of traders say they’re either a “Technical or Fundamental” when it comes to trading. O fato é que somos todos comerciantes 100% fundamentais é que alguns de nós ainda não percebem isso. I myself used to like to say that I was 70% Technical and 30% Fundamental until I had it explained to me by a very prominent and well respected Grain Futures Broker by the name of Mr. Tim Hannagan which has over 40 years trading experience in the markets.
Você vê, um comerciante técnico usa as ferramentas técnicas disponíveis em um gráfico, onde um comerciante fundamental usa elementos de notícias. Before a major news element comes out which could be days, and sometimes weeks before the market fears the worst to happen – known as “Fundamental Analysis.” You’ll see a 3 or 4 day move before the news takes place. Ele aparecerá como um padrão técnico em seu gráfico, mas toda a razão por isso aconteceu em primeiro lugar foi devido ao "TEMOR" do que "poderia acontecer" de um elemento fundamental para entrar no mercado.
Conhecido como ... "Compre The Rumor - Sell The Fact." Então, em essência, somos todos "Tradicionalmente 100% Pure Fundamental Traders".
I just want to say thank you to Mr. Tim Hannagan for his mentorship, in years past as if it wasn’t for him to teach me nearly everything I know about trading it would have came a lot harder than it did.
At first he didn’t want to teach me, but after bugging him for month’s on end he finally gave in and took me under his wing. We all have to learn from somewhere…trading or any other skill you master in life has to be taught and I sure hope you were able to learn a few important skills in this manual.
Forex u turn system.
Instalação da corretora ThinkFX.
Processo de instalação do indicador.
Algumas regras simples para passar.
Use boas práticas de gerenciamento de dinheiro.
Leverage Is A Double Edged Sword!
Entenda e siga o Daily Forex News & amp; Analise de perto.
Como encontrar suporte verdadeiro e amp; Resistência.
Encontrar Suporte & amp; Resistência usando médias móveis.
Números inteiros que se transformam em suporte e amp; Resistência.
Analise Suas Sair Ladies & amp; Cavalheiros.
Colocação correcta de parada de perdas.
Forex-U-Turn Blue Print Compre entrada.
Entrada Forex-U-Turn Blue Print Sell.
Forex-U-Turn Blue Print Aggressive Buy & amp; Vender Entradas.
Exemplos de gráficos para aprender.
Technical Analysis Verses Fundamental.
BONUS: Parâmetros Forex-U-Turn Expert Advisor.
NFA e CTFC Exigências de responsabilidade.
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