Are Winners run, Losses cut? Published on January 7, Would be a brilliant EA. Gifting of the Kindle edition at the Kindle MatchBook price is not available. Fil Apr 9,
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I have attached the indicator download to this post. The trading strategy here utilizes following the trend which is always a big plus when trading binary options. As an additional confirmation, one can utilize an ADX indicator and only trade when it is above the 19 level. The expiry is 60 minutes but the strategy can be used on higher time frames also; if you use 4 hour candles for your entry, the expiry will be 4 hours too.
The two bars must be in "slope" or trending somewhat strongly before we make the trade. We need to see price moving up strongly for a Call and vice versa for a Put. Do not enter if price is just stalling or moving in a range. The strategy works only in a trend.
I have attached an example of a few winning trades utilizing this strategy. Obviously there are multiple ways to trade. I was only stating my opinion that for this specific strategy it is not needed. I am trying to supply a strategy in its most simple forum and allow others the ability to add to it and perfect it as they see fit. I appreciate your input, thank you very much acuter! Posted 24 October - Yeah, I find it good you post multiple ideas like that.
It gives readers some choices to pick from. No strat, no indicator is the best. Just pick something you like and that you feel well working with and use only that until you master it. The pissing contest has no sense if you compare indicators only. The most important is to find your own way. Posted 29 October - Posted 30 October - The opening illustration is a big problem for me since the big arrows hide the reading on the trend winner line..
I looked over many third candle entries and find the method flawed from the beginning Lol you realize trades are taken at the exact opening like I said right I made the mistake of picking the first trade in my indicator when it was yellow I don't understand what the problem is?
And "Mikerbike" You took trades on the second candle.. On your chart you would of been 4 wins 2 losses. And that is without even looking at ADX. Posted 20 February - Chris excuse ma ignorance, how do u use the ADX to determine the trend? Posted 18 March - Thank you Chris for this incredible strategy Posted 01 October - Is the ex4 file an alert? Have you built something that can alert if the indicator is green and there has been two green candles the second closing higher that the previous close and then alert is triggered?
Might see if I can find someone to do this for me. Would be a brilliant EA. Very simple but seems to work right! Posted 03 October - Touch of SR 2. Instructible change color 3. MBFX timing change geen for long, orange for short 4. Learn more about Kindle MatchBook. Kindle Cloud Reader Read instantly in your browser. Customers who bought this item also bought. Page 1 of 1 Start over Page 1 of 1. Trading Is Flow Business. Editorial Reviews From the Author.
I have been a trader for 8 years and I know what a struggle it can be. I have been using my systems for the past two years and I decided to share them with other traders so they can hopefully short cut their time to becoming a profitable trader.
I am also a qualified therapist and have written books to help traders with their trading psychology. You can visit my trading psychology blog traderselfcontrol. Product details File Size: January 18, Sold by: Share your thoughts with other customers. Write a customer review. There was a problem filtering reviews right now. Please try again later. Kindle Edition Verified Purchase. Not knowing much about trading myself, I found this book to be extremely informational.
It explains what the 10XR01 system is and how you can implement it in your trading ventures. Even if you are new to the concept of trading, like me, you will find this book easy to understand.
I believe that if you follow the models as they are laid out, you will have a successful trading experience. Definitely a better one than if you try to do it all yourself through a process of trial and error. What I also like about this book is that the author offers classes that you can take to further learn about trading and how to do it. For me this was a really beneficial and practical eBook which is well written and well explained.
It uses pure price action which I have not seen before. A multiple time frame approach with small stop loss and 10X profit target. Very logical and easy to understand with plenty of screenshots. I am sure the author put considerable effort into the logically arrange material. Recommended, this one is really worth the money.
This book should help This book was a great reminder of the do's and don'ts of investing in the market! Whether you are a beginner or expert trader; you can never get enough information on mindset and successful strategies of trading.
Remember knowledge becomes power when you use it, therefore the information in this book should become powerful with practice, application and patience.
I recommend this book to anyone who want to; start trading or become a better trader. Good luck and don't break Rule 1! This is a very good honest trading book that really will put you in the right direction if you read and apply what is written.
Like anything worth learning, it will take some time to digest depending on your trading history if you have any but stick to it and don't get distracted by the snake oil out there and you really will be a successful trader. I've been trading 5 years and seen it all, this is genuine. I do not know much about trading, but this book is very informational in regards to the explanation of 10XROI trading system and how to implement this trading system in your trading ventures.
Even if you are a newbie you will find this book easy to understand the concept of trading. Like everything else in life, it will take you some time to digest especially if you do not know much about trading, but stick to it and who knows, you will be a great trader one day.
This book should increase your chances of consistent success. I highly recommend this awesome book. This is a very handy tool for all those involved with trading of currencies, shares, or commodities.
You will not be disappointed after reading this book as it gives very useful information on trading. One person found this helpful. I am one of those traders who reads every trading book I can get my hands on. Most books are probably not worth my time, but this is one that I will be able to use in my actual trading. I trade a method that is similar to this, but I definitely picked up some useful information here.
Even if you don't end up trading this method, this book is well written and will give you some things to think about.
It is definitely worth the price and most readers will not be disappointed. See all 22 reviews. Most recent customer reviews. Published 1 year ago. Published on July 16, Published on March 22, Published on May 4, Published on April 1, Published on March 2, Published on February 15, Published on January 19, Published on January 7, Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers.