- PDF Free Download

Transcription

1 Asia Top Forex Trading Systems Tutorials All trading examples in this group are for educational purposes only. I will post updates on current charts but any trading decisions are yours. The following systems are for you to learn and demo until you are good at them. I will not be following them everyday but they work and you should learn them. What i will be following everyday are daily charts with potential trade set ups and how to initially play them. Sometimes the potential entries will be setups we have been following and sometimes they wont. I am not going to let the whole cat out of the bag at once. We will be learning in a methodical manner and making some pips, which is why your here, right? OK, first things first. If you had any idea of how many times i have completed this section only to start over you would not believe me. This is the fifth and months of work. The reason is this. I would finish it and proof read it only to realise it was way to complicated. You can certainly learn all of it but i have to find a way to ease into it. New traders would have looked like a deer caught in headlights. Many of you who will be among the first to sign up already know some of what i do. Please remember that all the new people have no understanding of some of the terms and set-ups and new people will be coming in everyday. My final decision was to get things rolling with something thats not only fairly easy but something i know can make you happy when you look at your trading account when you master it. If i start with complicated stuff and you dont find success early this group is toast and all my hard work is for naught. After A LOT of thought i have decided to start out a little differently than i originally intended. I asked myself what do traders want? do they need to know some new system? do they need or even want to watch their screen all day? Do they want to swing for the fences on every trade, Or do they want to build their account in a slow and steady manner? What i want to do is help you grow your account while at the same time helping you learn how to do it yourself. What we are going to start with is studying price action in an attempt to get good enough at it to bank us at least ten pips a day. risking 2 to 3 percent per trade. I will be sharing many personal systems along the way but the whole reason for the development of this group is to help you learn how to grow your account. its not a race its a marathon. People in this business for the long haul don t sprint, they jog and rest, jog and rest and so on. On a daily basis we will be watching charts to spot potential entries based on price action and confluence and i will also be posting good entries that come up to quickly to follow. The following systems as I mentioned above are for your enjoyment and practice. They are a bit different than most or any you have seen due to my affection for trailing entries. The meat of my section will not be these systems but will be price action entries, and as I said above some you will know why and some you will not. I cant possibly put twenty years of knowledge in here in a couple of months so be patient and please dont forget Charles is trading just a click away. Price Action/confluence

2 Price Action/confluence Examples

5 Price Action/confluence Examples One thing before we proceed. Posting good potential trade set ups on charts after the fact is easy. I cant begin to tell you how many trading systems/ideas i have bought based on looking at charts after the fact. Quite frankly its how a majority of system traders pull you in. You look at all their great charts and think you have found your ticket to riches. Reality strikes when you enter your first trade and it does not work. You then go back and look and find that they don t work a large portion of the time. You then chalk it up to experience and head down the road hoping to finally find the key to success. Well i have been chalking it up and walking the road of experience for twenty years in this business. THERE IS NO HOLY GRAIL. You must find something that does work a majority of the time THEN try to find something that when combined with it makes it better and so on. This is what i have been doing for twenty years. Price action analysis combined with patience and accepting that you are going to miss some good trades when none forms is crucial. The people in this business that trade the most lose the most. Period-paragraph. The people in this business that trade the least and look for the optimal entries are far and away the winners. I can t guarantee you anything but if you will learn this stuff and combine it with the right mental approach you have a better chance at success than most traders.

6 Price Action/confluence Examples Price Action/confluence Examples

13 Price Action/confluence Examples Trying to teach even the simplest aspects of price action in this format is difficult. Difficult but not impossible given some time. When you start to grasp price action 101 then the more difficult sections will be easier. I just need a little time with you. At 99 bucks a month its worth it i believe. If you decide this study is not for you at least you have not spent the fortune most people charge to actually teach you something worth knowing. We will follow price action examples on a daily basis on the chart threads in this section. Each one will be closed to posts so as to keep it understandable. General discussion will have its own thread. Each chart thread will follow 4hr and daily charts as that is what i trade. Next will be a moving average cross system that i use but its a little different than most.

14 6/150/365 Ma System I dont trade ma cross systems like most traders. Not to say the normal enter at the cross does not work I just prefer to play trailing entries to lower risk. I also look for multiple entries off of the main system. Once again not hard to do just hard to describe the fine points in this format. I wait for price and the 6 ma to move through the 150 and then enter on the first retracement/touch by price when it comes back to the 6 ma. I also play another strategy where i enter on the first pullback to the 150 if i get confirming price action. I also play the same system off of the 365 ma. Charts will follow. SYSTEM PARAMETERS: 1. 6 EMA EMA ema Ma System Examples

15 Ma System Examples Ma System Examples

16 Ma System Examples

29 Base150 System I started to wait a while to trot this one out but decided to go ahead. the 6/150 is a good system for beginners but this one is in my top three and perhaps my most consistent system. It does take a while to get a feel for it but when you do it will reward you. I trade it on 1 and 4 hour charts and also the daily. I will do my best here to explain it in a manner you can understand and implement. To fully understand the ins and outs you will need to follow some updates for a period of time. I have played this system for a long time. I will not attempt to give examples right now of every nuance of how i trade this. to do so would only confuse you. What i will do is give you the basic system and then work from there over time with updates. This system when traded in an ultra conservative manner combines everything i do and a great deal of what i have taught. It is based on a moving average crossover with trailing entries combined with price action analysis and confluence to confirm entries. The discretion invovled in this system is only in how conservative or liberal you want to be with you entries. the system parameters are: BASE150: YOU CAN USE WHATEVER COLORS YOU WANT EMA - YELLOW EMA - PINK

30 EMA - ORANGE NOTE: THERE ARE MULTIPLE ENTRY TECHNIQUES WITHIN THE MASTER TEMPLATE. WE WILL LEARN THEM. BE PATIENT, THE YEARS I HAVE BEEN TRADING DID NOT PRODUCE THE SAME OLD STUFF FOUND EVERYWHERE. THE YEARS I HAVE BEEN TRADING HAVE PRODUCED A WAY TO GET ME IN TRADES THAT HAVE A HIGH CHANCE OF SUCCESS IF I WAIT PATIENTLY FOR THE RIGHT SET UP. NEW TRADERS OR EVEN LONG TERM TRADERS SHOULD DEMO AND PRACTICE BEFORE RISKING REAL MONEY ON ANY IDEA FOUND ANYWHERE IN THIS GROUP. Base150 Example Carts In this progression of charts i am going to start with the base system using 1 and 4 hour charts and daily charts as examples. During the examples i will also give examples of alternate strategies within the master system template. Base150 s Base150

31 Base150

32 Base150 s

33 Base150 s

34 Base150 s

35 Base150 s

36 Base150 s

37 Base150 s

38 Base150 s

39 Base150 s

40 Base150 s The prior charts are one currency from thru on a 4 hr chart. As you can see it works a large percentage of the time. What i did not put on the charts was any kind of confluence, fibs, pivots etc. In our updates we will be using them. The next series of charts will be hourly charts. Base150 s

41 Base150 s

42 Base150 s

43 Base150 s

44 Base150 s

45 Just The Start At least to me what I just presented is super easy and when combined with TA and price action/confluence it produces great entries. However we have not even touched the meat of this section. The meat cannot be preloaded because it must happen day by day and market by market. I need for this group to get started before I can do that so get ready for the real deal on a daily basis in the market sections. So what can you expect. ITS EASIER TO DAYTRADE OFF OF A DAILY CHART THAN AN INTRADAY CHART AND YOU MAY CATCH A LONG TERM GREAT TRADE. I will be posting example entries off of daily charts with initial stops. They also can be traded as stop and reverse but thats up to you. As I said earlier some of them will be trades based on material we have or are learning and some will be from material I have not taught yet. Please do not hesitate to screen with your own TA or style. Over time the charts will build and it wont be the beginning anymore with no charts. That leads me to say this, I am honoured and humbled by all of you charter subscribers. I will not forget you if this turn into something bigger and broader.