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    Simple trading System for the new traders

    Here I am giving you a very simple trading strategy. I hope for the new trader it will helpful. This strategy is based on moving average, MACD, CCI, PARABOLIC SAR. We need three EMA. EMA-5, 6 AND 35. And indicators are with default settings. Now you will go for the buy when EMA-5 and EMA-6 cross the EMA-35 to the top and MACD line is above the zero line and the CCI is not higher than 90. You will go for sell when EMA-5 and EMA-6 are under EMA-35 and the MACD is below the zero line and the CCI is under the 90 level. Use target 40 to 60 pipes and use stop loss 30 pips. Always use trailing stops 20 to 30.

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    Last edited by Gulfstream; 10-30-2015 at 04:09 PM. Reason: Red colour

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    success will follow. as long as we learn and look for the experience of the time we will get experience and knowledge about the ins and outs of the rules and other things that are needed and after we get better certainly of course when trading gets better results, the key is indeed is patient, but if only words we cannot believe it if it is not delivered logically as I said.

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    New traders must always understand the real platform of forex trading and realize that even with a simple system they can make profits here once they can deal with risk. Most simple system in forex are profitable just that many traders goes ahead to confuse themselves with lots of indicators and bad money management plan. Just a simple trend is enough to make us profits and what we should do as a trader is to try to know the best level to open an entry within a trend.

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  4. #1783
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    There are a whole lot of trading systems, but the new traders should be the one that will determine what they want to do and then what they don't want to do. The new traders should also know that they need a lot of discipline before things will work out for them as expected, because a strategy has to be focused on, and most traders are not doing the right thing to focus on the trading strategy alone, they keep on moving from one to the other one.

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  5. #1784
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    A new trader face more trouble when he is going to start his trading , because we have very less chances of understanding about the money and risk management and application of our trade strategies , if trader put his efforts in right of the way so that will help to make our trade ideas highly acceptable but overall new trade need a good management skill for perform our trade well .

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    Quote Originally Posted by fahaddd View Post
    A new trader face more trouble when he is going to start his trading , because we have very less chances of understanding about the money and risk management and application of our trade strategies , if trader put his efforts in right of the way so that will help to make our trade ideas highly acceptable but overall new trade need a good management skill for perform our trade well .
    A new trader should be very careful he should not try to learn scalping but try to learn some better ways of trading. Trend is very important way of earning but then equally important is the knowledge of strategies that help us trade a trend. And for experience we need to be able to survive in the Forex market for a long time. That is how we struggle and come to a point where we get good profits.

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    Traders which are very new in this market they should keep one thing in mind that they never comes on the live market directly without doing practices in the demo market and also of they get the basic learning aspects and ought all the factors they will gain the powerful earning ratios with gaining success safely so we have the right knowledge and good experience for maintaining our success in this risky market .

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    Quote Originally Posted by learner View Post
    Traders which are very new in this market they should keep one thing in mind that they never comes on the live market directly without doing practices in the demo market and also of they get the basic learning aspects and ought all the factors they will gain the powerful earning ratios with gaining success safely so we have the right knowledge and good experience for maintaining our success in this risky market .
    I think most of them are just after the money, so therefore they just get into the business and then the next thing is that they want to make fast money. A lot of things has to be learned, the new traders should get to understand what the market is all about therefore knowing that it takes a whole lot of learning to become profitable. New traders has to take time to develop their discipline too.

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  9. #1788
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    Build trading system are very important part for our trading business but it is not make simple for new trader. He can needed to take a lot of experience and knowledge all simple or powerful trading method well to follow the market after getting strong market real trend signal well you should develop everyday high profitable strategy for trading toward success in it.

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  10. #1789
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    Trader will get success in this market on the basis of trading system we chose our trade and it is based on trader experience about market and learning as far as we are learning our understanding about trade should increase we must have to build our trade ideas in right of the direction which will help to get survive for earning money .

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    If you come out with a chart for this trading system, then you will notice some kind of clumsiness in your chart because of the too many indicators that you have mentioned here. Most of this indicators are good, but i find out that many of them will amount to duplication if they are applied to the same chart, so if the trading system is really targeted to help the new traders like you have mentioned, then the number of indicators will have to be reduced.

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