Volume Spread Analysis: How to Guide with AFL Code

Forex is a shortened term derived from the words “foreign exchange.” The Forex market is where various currencies are traded at an agreed-upon price on the exchange. Forex trading is literally making trades of one currency for another at a specific price. Forex trading is one of the most popular forms of trading available today.

This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. The letters denote which country the currency originates in, as well as the name of the currency. I used many different indicators, with poor results. This is a fully automated free version of Pender Expert Advisor. As a novice to forex trading I have opted to read all of Laurentiu's books in preparation of trading.

No Selling Pressure

FREE FOREX TRADING STRATEGIES. When it comes to selecting strategies to trade, you have the choice between buying one off-the-shelf or trawling the Internet for freebies.

Heck I can throw darts on a wall filled with symbols of currency pairs, and eventually I will catch a big move. What probably happened on that 1, pip move that the moving average caught, was that a global macro move occurred.

There were order flow reasons outside of the chart that caused the market to move. Moving averages cannot tell you when a trade stands a far higher chance of success than another signal of the same moving average crossover.

Now there are some people who may say well grkfx, you make some decent points, but moving averages do provide a long term sustainable edge. If you take enough of the signals and manage risk effectively, you will come out ahead in the edge.

In the long run we are all dead. I am not interesting in placing trades or 1, trades for my edge to start working out. I want an edge in the very next trade that I place. I want an edge right now in the markets. A huge profit this week if possible. I want to isolate the order flow generators and variables that will actually cause the market to move 50 pips, or pips, or pips.

So I know that the next time I place a trade the odds are heavily in my favor that the trade stands a great chance of success. Either I have a huge edge in the next trade or I am not placing it. It is not my job to just break even or make a small profit.

It is my job as an order flow trader, because I can actually measure the true reasons why the market moved and can move in the future, to catch and continue catching the great trades. I like to reach the highest point on the trading profit ladder. And with the right knowledge, process, habits it is far easier than tweaking moving average combinations that will never give you the edge you are looking for.

Transform your trading with Order Flow Mastery. Learn the 5 Step EZ way to understand order flow. Learn the 1 Question you should ask of your trading system.

Your email address will not be published. Notify me of followup comments via e-mail. Originally posted at forexfactory on February 11, You never know for sure. You just try to put your stop That is the far better question to ask. The answer is deceptively simple: They do not generate order flow. It is either they can generate order flow and move the markets, or they cannot. Moving averages cannot give you clues to know when to go for the jugular on a certain trade.

This is how I would respond to such arguments: Ace September 22, If you have had problems identifying trends Mr. Damir can clear it up for you in any of his books. He lays out a great trend-following system that is easy to understand, easy to implement, and just makes sense. I have read six of his books so far and plan on reading them all. His books are so compelling that I have decided to follow him on Amazon so when another book is available I will be able to get it right away!

They are that good! By Herianto Tan on August 7, I've read countless trading books from very expensive to the one as simple as this. In essence this book is simplest because I believe the writer uses his trading experience behind his writing instead of collecting books and put that into different titles.

How I know that he is the real trader? I trade stocks for living and I know what he has written is the truth and a few of his explanation is what I gained through my trading experiences. But as the book is for general public; he needs to improve the writing and some background analysis for less experienced trader. Anyway this has made me some pips: Matthews on July 8, As a novice to forex trading I have opted to read all of Laurentiu's books in preparation of trading.

Each book delivers a clear and concise strategy, and forex graphs now have meaning for me. Laurentiu also gives sound money management advise. Start with the 50 pips a day book and move forward from there in no particular order. Each book feels like a new secret is being revealed, and collectively you have strategies to trade with the trend, trend reversals and range trade on short and longer time frames.

I am not yet trading live, but research into past price action reveals that these strategies look to work well. Recommended for the beginner and intermediate trader!! By AndreasR on November 18, Another Forex book from Laurentiu Damir and again very much recommended for the beginner and intermediate trader.

In his usual simple and easy style he describes a trading system which everyone can take and use straight away. I have bought all his books now and he helped me to understand trading systems and how to look for pattens etc. By Starlord on July 5, Support and Resistance trading seems like such a "simple" strategy, but still there are so many Forex "traders" who fail to make a profit.

I have personally been trading support and resistance for over a year and I can vouch for the validity of the system I highly recommend this book to teach you the methods I'm sure there are other books out there that will teach you the discipline to follow your systems.

By Sudharshan gomadam on June 26, All the books in the series are good value for money. The author explains the Set ups in a concise manner. Yes most of the stuff mentioned here are available on the net but the author has made a summarised presentation in simple language.

Having said that, it would be more useful if an exercise section is added with winning as well as failed trades so that the readers will be able to assimilate the set ups quickly. Finally the era of long and useless By Nlb on March 5, Finally the era of long and useless book is over. In this book you have everything you need. Where to enter position, where to set stop loss and where to exit. And what time frame to use.

I have tried to learn Forex from books in the past, but every time failed. Because of this author I started to trade on demo account in just one week.

And I knew nothing about Forex before. Customers also viewed these items. Trade the Momentum - Forex Trading System. Powerful Swing Trading Strategy for Consistent There's a problem loading this menu right now. Learn more about Amazon Prime. Get fast, free shipping with Amazon Prime. Get to Know Us. English Choose a language for shopping.