Forex Prophecy

In Forex Trading Something That Happen Almost Daily

2011-10-04T19:20:00.000-07:00

Finally found the most reliable Daily Breakout Strategy... Today I made 84 Pips.

Elements That Make Your Forex Trading Successful

2010-10-16T04:39:00.000-07:00

In my knowledge there are just three essential rudiments you need to be a Successful Forex Trader.

1. Patience

2. Discipline

3. Simple Trading System.

They say that, patience is a most sought-after quality for Forex trader and it takes time to develop. Learn to be patience and do not get impatience to be patience. If you are an aspiring Forex trader there are many websites that offer the newbie an opportunity to earn a substantial profit from currency trading and at the same time experience the real feel of trading. One is FBS!

The next most important element required in a Forex Trader is Discipline. Instead I do write on subject I would like to suggest you to read “Miracle Of Discipline’’ – By Rob Booker.

The final one is “Simple Trading System” In last three years I read on many occasion that the Forex Market is worth of 3 trillion dollar a day and I think there will be equal trading system and strategies are available on Internet. I still spend a couple of hour in search of different trading methods and new and advanced technical indicators to get an extra edge to my trading as I’m more comfortable with ‘’Technical Analysis’’ rather than ‘’Fundamental Analysis’’

I trust the Indicators and I do not buy the statement that Indicators lags although there are few great work you can find that even alert you well in advance to take your trade or wrap up the existing one. Recently I came across the simplest trading system with just three unique indicators. I do trade only the Daily Chart and It help me to understand well in advance when the market is going to turn around and when to exit from the current trade when get back into it on the other side as that is the beauty of Forex Trading. You can make profit by buying the currency as well as selling the same.

If you are interested to know my trading method follow me on Google on this blog and send me a mail with your interest and I will keep you informed by email whatever steps I will take as I trade only Daily Charts and there very less attempts are required to enter or exit from the Market. My favorite Currency Pair is Euro Dollar.

Be A Forex Robot Instead Of Buying A Forex Robot

2010-10-13T03:49:00.000-07:00

May sound bit strange but I find it the only way to be successful Forex trader. Millions times we read the statement that 95 out of 100 fails in currency trading and 5 are Profitable Forex traders. The makers of Forex Robot also convince us with same old statement and make us believe that Forex Robots only get into the trade when the conditions in the market met as per their requirement where the Human being can not do so due to Greed, Fear, Hope, and Emotion and so on.

I’m very young in this enterprise and still learning the ropes of trade. In all these years I came across to many many sites that sold Forex Robot but never ever wasted my single minute to read what they say as I do not trust the theory. In early days my mail box got flooded with the offer of Forex Robot and their great promises to be millionaire just with the blink of eyes and always my only question was when they have such a great product why they need to sell it why don’t they use it for their own Because I also know that An Online Marketing is not a Cakewalk. Anyway that is not the subject of my writing so let’s come to the point.

I was advising of being a Forex Robot instead of buying one and how the same can be done I will show you what I learn in all these years…

Trade One Minute Chart (M1) For Whole Day

Trade Daily Chart (D1) For One Minute

Result may be same but to my experience much better in the later one (Daily Chart). You don’t need to get glued with your desktop whole day and fight with your Greed, Fear, and Emotion…Etc.Be a Mechanical with certain indicators which will tell you well in advance when the trade is on its way, When the time has come to enter and when to exit. All these exercise can be done in few minutes on a daily basis just like a Forex Robot.

Below Chart will show you just three indicators I’m using, Available absolutely free on Google and created by the Real Traders who are doing great job to the aspiring Forex traders community.

You can reach me at forexprophecy (@) gmail.com incase you find me of any help. It will be a pleasure.

Forex Trading – What You Need To Know To Earn Money

2010-09-25T03:48:00.000-07:00

Forex trading is gaining popularity as one of the best online business in the category of “Work from Home”. When I joined the Forex Community as Demo Trader and pursue to real trading on Micro account since than I observed that the clientele for Forex Brokers has increased in almost three to four folds which is another proof of its recognition as the most lucrative business opportunity in online world.

The most widespread statement on Forex Forum that says “Only 5 % makes money in Forex trading and rest 95 % loose” is still have the same Impact as early But It is also very much true that Forex trading is the most ideal way to make money from Home only if you take into consideration the Three most important things I’m going to explore. No matter even a small initiative can help you to meet your needs.

1. Basic Knowledge of Forex Trading

2. Discipline and Patience

3. Simple and Stupid Trading Strategy

Google is the Goldmine for Information and Knowledge one need and certainly can help you to learn the Basic of Forex trading. I learnt it from Babypips.com. It is Free and will teach you everything you need to know about the opportunity.

Next comes Discipline and Patience, The hardest part of trading. Nobody can teach other than “YOU”, Why it is so? In my opinion and what I experience that if you look at any kind trading other than Forex trading, Say If you are doing an online trading for any products or service you need to wait patiently for the buyer to come to your website and Buy your offer and give you an opportunity to Sell the same, Next is Discipline you have to keep to stay in business and can expect the buyer to come back for your product.

Look at Forex Trading. No Product or Service, No Buyer or Seller, Nothing. It is you who is buying as well as selling so if you are not patient and discipline to wait for the right opportunity to sell the currency or buy the currency; it is you who are going to suffer. So the 95 % losers are only suffering loss due to being indiscipline and impatient. I too was on the same footprint when I begin Currency trading but ultimately find out the way how not to be greedy and how to be discipline and patience to become a successful Forex Trader. Watch out the space I will be back soon to tell my story How to become a disciplined and patient Trader.

GBP / JPY Earn 100 Pips a Day In Forex Trading

2010-07-28T04:30:00.000-07:00

Have been away for while…

Well that doesn’t mean not active in Forex trading rather I was more active and devoted all my spare hours in learning while trading. There was lots of Hits and Try and finally something what I learn is very encouraging. Just a couple of month ago trading for me was shuffling with so many currency pairs in so many different time frame, Never ever concentrate on one single pair and the result I reached nowhere. Some Win, Some loss but total loss of time and energy.

This is when I decide to fix a target for a week and which just 400 Pips a week initially. I select the most volatile currency pair that is POUND and YEN – GBP JPY. One of the best things in this currency pair is the ATR (Average Trading Range) is highest appox 300 Pips a day while the spread is also more in compare to other pairs but there is no doubt that it is the most exciting pair and can give you great opportunity in Asian as well as London market hours.

Have a look at the Chart gives you and idea how I capture more than 100 Pips just in a day while trading for just few hours. I have seen in my back testing that one can find such opportunity more than once in a week time so If you are targeting even more than 100 Pips, It can be achieved successfully. I am also trying with some indicators and testing is going on. Keep watching the page and I will come out soon with the combination of an Indicator which can help to trade more confidently. I’m using the combination of Bollinger Bands and CCI right now, more again.

What Make Sense In Forex Trading

2010-03-16T03:54:00.000-07:00

If you think that there is huge opportunity to make money everyday in the Forex market, you are right… Those 95% traders who fail every day think so but why they can not achieve the result is because of very simple reason that they make it more complicate and become impatience to be succeeded by overnight. When I start trading I had the same impression and miserably failed in my almost all attempt.

Forex is simple and with absolute discipline, patience and simplicity you can conquer the market which is the real character of Professional traders. They trade with the simplest method and do not run after the market instead wait for the market to get into the shape they are looking for.

If you're still struggling with the Forex markets, then I really encourage you to take market veteran Hector’s Forex trading system where he lets you get your hands on his First Lesson absolutely FREE and get a feel for his trading system made of 3 SMA. I would say that more than 15 videos are good enough to assure you that how simple is Forex Trading and if taken with all the patience and discipline there is no reason why you can not earn in Forex trading

I,m using the trick and techniques of “Hector’s” in my trading since I had gone through it. I found it as the most simple and complete Forex trading system that gives absolute peace of mind and confident to trade fearless. The system is designed to make sure Beginners really understand all the concepts quickly and effectively and can get going instantly right into the core of the method.

Try the First Free Lesson Absolutely Free Here

How To Identify The Trend In Forex Trading

2010-03-11T03:28:00.000-08:00

The most essential entity for any aspiring Forex trader is to understand that to become a professional trader required the most common things which in fact are very uncommon in Currency trading. The most difficult part of trading in currency market is maintaining an unbiased mindset, disciplined and a very simple but very effective crystal clear trading strategy.

“IDENTIFY THE PRICE TREND’’ Exploit this trusted method, it will show the way of the powerful directional price movements that will give you an enormous profit making opportunity. Trend analysis is one of the most accurate and thus profitable ways to trade successfully. After learning a few solid price action setups you will easily be able to identify a Forex price movements, Trend trading is the most reliable and easiest way to make money in any Forex market. There is usually always a trending currency pair to be found in the Forex market, this means you have essentially unlimited opportunities to profit from trend trading.

Trading with Trend setups can greatly contribute to the confidence an aspiring traders really need in Forex trading. Markets generate information all the time. Learn to read the trending trend on chart. The market mechanically provides signals for its most probable next directional move.

Now the question is How to Identify Trend direction in Forex?

Just do what the Successful and professional does. Suggesting here one of the most easy and real powerful system to identify the trend early enough to enter the market with an edge in your favor and also when to exit an exhausted trend that is about to reverse. That’s, in a few words, all you need to make money with Forex.

The Great 3 SMA Strategy of Hector Trader.

Where the first lesson is absolutely FREE to learn how to identify the Trend and how to trade the Trend.

Simplified Your Forex Trading With Forex Signals

2010-03-11T03:26:00.000-08:00

It is a common human tendency to look out for shortcuts in almost all kinds of endeavor to reach the goal and the Forex trading is no exception. The most lucrative option of currency trading is attracting more and more new entrepreneur day in day out. All the newbie and inexperienced Forex Traders are in search of some fool proof systems to make the fortune in it and out of many popular tools and trading tricks one which attract the most is Forex Signals.

To earn consistent profit in Forex one need to know three things;

When to Enter the Market

Where to Set Stop Loss

When to Exit the Market

Forex Signal Service Provider fulfills the above need. Otherwise to learn how to evaluate these points need lot of time and experience to understand from Forex Market Trend. Forex Signal Service can provide you the precise position for above three parameters now how to find the Best Signal Service Provider from hundreds of supplier and how to be assured that the provided parameters will be a sure shot to profit are a big Question. Look at the one I suggest here who is probably the Worlds Best Forex Signal Service Provider four major currency ; GBP / USD, EUR / USD, USD / JPY and USD / CHF. Since a decade they are in the business and providing consistently positive results with best risk reward ratio. You can earn almost 300 Pips daily if traded in all four currencies and there monthly fee can be recovered just in one trade.

Now before you trade the Signals How it will be if one more trading tool which can help you to analyze the particular currency trend and than access the provided signals with the trend whether they are in harmony so you can certainly trade for sure profit.

Learn to Identify the Market Trend Here…

What You Not Taught In Forex Trading

2010-03-06T02:42:00.000-08:00

If you are an aspiring Forex trader and impatiently looking for Holy Grail which can siphon money for you day in day out than you are searching something which in fact does not exist in Forex trading. There is no holy grail and no way can you earn the money as smartly claimed by so called Gurus in this fascinating enterprise.

I’m just two year young in this enterprise and can tell you that during these two years I have done intensive search for which all hopeful new Forex traders do. I found some really great technical system provided by the professional currency traders. Tried and tested almost all. I spend hours in planting all kinds of different combinations of trading indicators. I spend sleepless night to be there in market especially when Europe Opens or London opens. Tested all breakout strategies and after loosing on both end of time and money what I learn is...

That all the strategies I found on internet composed by using all the popular different tools and Indicators works absolutely well BUT only when the condition according to that specific strategy meet in that individual market and to have “Patience” for that particular condition to meet is the Key for success.

"Patience is the companion of wisdom." - Saint Augustine

There are few great stuff available on the Internet provided by the real professional traders who themselves are using for decades and are quite successful in their trading. One out of that I have found a real easy way to understand market and how to take action are 3 SMA strategies. It is so simple to show you the direction of trend in all time frames and to elevate your trading to new level. Just go through the First Free Lesson where you will see 240 minutes video to have a feel of the method and how you are taken hand in hand to see how to trade Forex with complete confidence.

Click for FIRST FREE LESSON

Simple And Sound Forex Trading System

2010-02-14T08:59:00.000-08:00

I read in a forum and very well said that Greed and Impatience is the enemy of Forex Trader. If you overcome both and equipped yourself with a trustworthy Forex trading system you can make a living out of this finest opportunity available online.

It is said that 3 trillion dollars exchange hands everyday where 90 out of hundred pay to the rest 10. With this equation you can imagine the potential of this enterprise and to be in the counting of 10 what you need is a fool proof trading system and Patience. When it comes to the Forex trading system again there is lot of mythology and one out of them is Price Action. No doubt if you can predict the market without the help of indicators, nothing like that but is it really that easy for the aspiring traders?

No it is not that easy to predict the market as mostly described but it is also true that Indicators also cannot help as they lagged and decision making for aspiring traders becomes very difficult. So the question is there any system that can solve and clear the above stumbling block. Look at the system invented by Hector where the use of indicators is much in the harmony of Price Action and it is a great and very easy and dependable system. Just test the free first lesson where Hector show you how the combination of “3 SMA” can make your decision quite easy and confident to understand the trend of Price and also allow you to trade on any timeframe and in any currency pair as per your choice. You can predict the market trend. Learn where to get in, where to get out and how you can make your profit run for as long as market is in the particular trend. Have a look on First Free Lesson

Forget Price Action Strategy In Forex Trading

2010-01-22T03:29:00.000-08:00

Price Actions is considered the most significant and accurate trading method in Forex but at the same time this is also very true that it is not that easy to learn. Patience and experience are key factor one need to have to master this strategy. Another fact that by the time new trader learn to be patience in Forex trading they are mostly broke or at verge to exit, If you too are like this than read on…

I do and recommended that Forex trading should be based on Price Action strategies but as it need ample of time, patience and experience to be master, is there anything that can be used as an alternate to Price action.

3 SMA is an amazing system about Price Action and is based on technical indicators and if you believe that indicators lags than here you will be proved wrong as this strategy work hand in hand with Price movement on the chart and inexperienced and new traders can trade like a Pro with this method the correct way.

Check out the First Free Lesson by the creator of this method who himself is a professional trader and successfully trading the currency market for years with same. You will be able to learn how to identify the Price Trend with the help of 3 SMA beautifully explain in details with the help of more than 15 videos which is absolutely FREE.

An effective and very simple to understand system. You can use it on any time frame with any pair of your choice. The system clearly indicates once all the parameters are in the place to enter the trade and when it is time to exit.

I have been using this system for last couple of month and I would say it has changed my way of Trading completely. Check It Out

Learn To Identify The Trend With Price Action

2010-01-18T02:04:00.000-08:00

A worthy Forex trading Strategy is few and far between. Most system out there promises a fortune and yet when you put it to the test you realize it does not live up to its promises.

You might have read very often in most of the articles and forum post that a greater part of new traders fail. It depends on you to whom you follow and what you become. Very well said that if you want to be successful do what the successful are doing.

The aim of this writing is to enlightening you with one of the core strategy used by the successful Forex traders and is based on “PRICE ACTION”. Market moves in three directions – Upwards, Downwards and Sideways.

How it will be if a simple indicator on your chart can identify the trend direction for you and can let you decide well in advance where the trend is heading that is exactly what you can identify with Price Action too, So in short it is a Indicator for the newbie to indicate the ‘’Price Action’’ of any Currency Pair.

Introduced by the real professional trader “HECTOR TRADER”, The first lesson is absolutely Free which in fact not a lesson but a mini e-Book consisting of more than 15 videos to teach you with hand in hand that how you can identify the Trend on Chart and stay for long time into the trade to maximize the profit and when to be alert to exit from the trade to minimize the Loss.

Learn the simple 3 SMA trading method and apply the same to trade like a Pro Click Here

Three Simple Steps To Analyze Price Action

2010-01-09T01:09:00.000-08:00

A lot has been discussed about the simplicity and efficiency of the PRICE ACTION strategy in Forex Trading but is it that easy to learn and understand as it is talk about. To know just few characteristics of few candles and to act accordingly is like driving the car just after reading a book – How to drive a Car. A detail analysis of past trend and many other factor get include to reach the final decision and it needs time and after that an experience.

Instead if someone who is professional and trading himself day in day out the market with 12 different currency pair show you simple steps to learn the secrets, would you be interested?

If wish to trade with the ‘’Price Action’’ as the professional do, Learn it the HECTOR TRADER way with very simple 3 SMA strategy. The complete course is on the basis of price action but the first FREE Lesson where you can learn to identify the trend and how the price action can be understood is amazing. More than 15 video are like as hector taking you hand in hand, Step by Step to understand how to identify the trend based on price movement, key levels, turning points, and swing points on chart to help you define the dynamics of that currency pair. Where to get in, get out and how to calculate stop loss position.

If planning the Forex trading as a career and If you are serious in learning the successful trading strategy the course is must to become confident and to trade fearless as the simple strategy keeps everything in your command. Read More...

The Ultimate Trend Identifying Indicator In Forex Trading

2010-01-03T06:16:00.000-08:00

A lot has been discussed about currency trading, and even though the recent economy crisis also played very important role in motivating plenty of individuals looking into forex trading. I’m one of them spending a real goodtime around to learn the ropes of trading.

In the Forex exchange market instability is the main reason for profit and loss. One needs an expertise to identify this rise and fall before they occur. Traders need to be attentive to the slight changes in the market to make profit and loss.

One thing I learn during my search of Holy Grail for Forex Trading that the ‘Price Action’ is the most dependable and the correct strategies to read the Forex Market movement and plan the trading. Two famous phrases I read time and again is the “Plan Your Trade And Trade Your Plan” and the other one is “Trend Is Your Friend”

During My search for “PRICE ACTION” strategies I came across the “Hector Trader Forex Trading Course” One of the best stuff to understand the trend based on price action. In my two years career I have not seen anything better than this to identify the market trend. Best of all Hector offers the first chapter of the course absolutely “FREE”. The first free chapter is consisting of few great video’s where Hector take you hand in hand to make you understand how the long time Trend formed is really great material to get an ideas of how to analyze and identify the Trend forming with the ‘Three Simple Moving Average” (3 SMA).

Another most important search by newbie in Forex Trading is to look out for ready Trade Signals to trade the forex successfully. You can find countless suppliers with great promise but how successful they are in their enterprise can be only analyzed by their past performance. I’m using iforex.bg.

Look at my one of recent Performance to have an Idea…

Simplest and Easiest Way of Making Money in Forex Trading

2009-10-22T04:51:00.000-07:00

The Perfect ‘PRICE ACTION’ Strategy.

I’m not a Guru not even a seasoned trader as far as Forex trading is concern. I’m an internet entrepreneur since more than a decade and just two years back I learnt about this opportunity which in one time was only available for Banks and big Corporate. Thanks to Internet for making available this great opportunity to one and all.

I seek attention of those who are still struggling with their efforts to make it big in the Forex Market. I surf all around for more than two years on internet, done deep digging for the Holy Grail in the search engines just to learn that there is no Holy Grail exists.

During my journey to Forex Forums I found millions of successful trading strategies with the fine chart proof but while you trade with that, things doesn’t look that easy what described in the strategies.

Finally I discovered the little known secret of Forex trading – ‘PRICE ACTION’. The perfect strategy for successful forex trading used by all the professional traders even before the Internet Era. To trade with the price action one need to learn the Candle stick or bar patterns to find out the entry and exit rules of trade.

Once again I got to find out if there is an Indicator System which can help to trade successfully using the Price Action method and it took me another couple of month to find the simplest and easiest technique offered absolutely FREE by two great traders.

The details of these techniques you can find on Google Search Engine by just typing “SYNERGY METHOD” and “HECTOR TRADER FIRST LESSON” which is FREE with several video to teach you the exact trading method.

I picked few best things from both the system which suites to my style of trading and create the one of my own. You can see the result of one of my recent trade HERE

Forex Trading Is Simple

2009-08-27T07:46:00.000-07:00

You Just Have To Do What Market Says…

If you want to trade successfully and are willing to learn the Forex trading Strategies that can give you the life you desire than read on…

Most of us looking for the perfect, risk-free, make-rich way to trade– A Holy Grail… which in fact does not exist. In your Search for a profitable trading strategy you might have come across thousands of trading techniques and Indicators available on the internet.

Do they really work? If yes than why 95% of forex traders go broke?

First of all, Strategies made on the base of Indicators hardly produce profits. It lags in providing information on right time to make an entry or exits. In fact you need to create your own trading technique that suit your trading style and that will give you an advantage in the currency markets and that is your Holy Grail… It required lot of hard work on your part to come out with a technique that suits your style and behavior.

After spending more than two years with regular practice and search I found my Holy Grail…

“PRICE ACTION” The method is almost fail-safe. I found two great systems on net. Their basic was FREE and that was just sufficient for me to create my own strategy to trade the currency market on the basis of “PRICE ACTION”. Creation of two great traders almost reduces the fear and gives you Confidence to take the right decision in your Currency Trading.

And now it can be yours… Interested…?

Send me mail and I will forward you in MS Word File Format.

You can reach me at: forexprophecy@gmail.com

Trade On 3 Feb 2010

2009-08-27T07:44:00.000-07:00

My July Trade

2009-08-27T07:41:00.000-07:00

One Of My September Trade

2009-08-23T08:35:00.000-07:00