Simple trading System for the new traders - Page 205
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Thread: Simple trading System for the new traders

  1. #1
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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

  2. #2041
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    So many good and profitable strategies are available in Forex but before choosing any strategy beginner trader should spend his good time for learning,demo accounts are very helpful for trader for the purpose of knowledge and testing a strategy.Beginner trader should avoid to use the short term strategies for trading because they have lack of knowledge.Long term strategies are best for trading.

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  3. #2042
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    There is no simple strategy for the newbie, if there are simple strategy for the newbie then I believe no newbie will struggle to earn, there are not simple trading system that's why most newbie struggle to survive, before a strategy will be simple and easy to trade with, we must have spend some time to learn and understand how to use the strategy very well.

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  4. #2043
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    If we choose a wrong trade strategy for work by use lots of indicators then we will not able to get the trade with good results so a new trader should avoid the wrong trade systems which not useful and not helpful for us in winning a trade with security so we should take right strategies and good trade skills for making the trade better.

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  5. #2044
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    It's hard for newbie to have a good strategy to make them bring profitable trades in this market. But newbie can try many strategies in demo and they can selective to find the one strategy are suit for them. so newbie still keep much learn for the first and i think for the first time join in real they must to focus is only for a survive.

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