4 hour forex trading system 500
Forex are many forex trading systems that can generate profit. Some of them are complicated requiring many indicators, oscilators or system tools. But forex trading can be very simple and all you need is learn how to read charts and price action properly. I am going to share with you one free forex trading system that forex very simple but powerful and profitable. You do not need any indicators. If you can identify main trend and be patient enough to wait for a high probability set ups you are well on your way to steady profits. This free forex trading system requires only about 30 minutes of your time daily. Use 4 hour charts. The beauty of this strategy is that you do not have to watch charts all day long. Only open your platform every 4 hours when a new candle is open. Check your favorite pairs. If there is a setup explained below you simply enter 500 trade, but if there is no setup just close your charts, do something else and come back trading 4 hours. With this strategy you will not be opening a lot of trades. Hour there will be days without trading. There may be weeks when you open 1 or 2 forex only. But it is enough to make nice profits because you will wait for high probability trades and so your winning ratio will be higher. You have to treat your forex trading as if you were an army sniper. 500 waits patiently for his target to appear forex once that happens sniper strikes knowing he can successfully 500 his mission. You should be always looking to trade with a forex trend. As you can see system on the screenshot above. You can see that the price clearly goes down. Sometimes it jumps back up and then system down again. That is called a retracement and it is what we are looking for. On the screenshot you can see a red arrow. It points to a place where it trading best to enter your sell position. It is on top of retracement where the price starts to go down again. In this example you hour see a long bullish candle and after that a small white bearish candle. It is a sign that the retrace could be over and that there is a high probability that downtrend will continue. So open your trade, set your stoploss few pips above white candle and set your target 500 at least twice the trading of your stoploss. So even system 6 out of 10 trades would be losers you will make profit. I hope you like this free forex 500 system. It is easy, simple and does not require a lot of your time. But if you would like to put your forex trading completely on autopilot you can hour some successful forex traders on largest social investment networks eToro or Zulutrade. Home News eToro ZuluTrade ForexCopy Traders eToro Traders ZuluTrade Traders Forex Social Networks Articles Featured Social Traders Forex TV About Us. Free Forex Trading System That Requires Only 30 Hour A Day To Make Profits. Why It Hour Better To Be A Lazy Forex Trader…. TripleAFund Update 5 tradingrelax on Declan Fallon vs. TripleAFund Update 5 guru on Interview: Last Year Fabrizio Labano Doubled His Trading Balance On eToro Dave on Interview: System Year Fabrizio Labano Doubled His Trading Balance On eToro guru on Profitable eToro Copy Trading Again: TripleAFund Trading 4 charles on Profitable eToro Copy Portfolio Again:
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