Forex Strategy:Wait and See Daily Chart.

Confused on how to open position daily, buy or sell? Let me tell you my another strategy to win forex daily. This strategy has been tested (real) by myself and the result is as you know, its profitable

I named this strategy is wait and see in short time frame chart you mostly can not predicted price movement its sometimes goes slowly but in short time it can be wild by jumping or down 50-100 point. You loss? Learn and dont loss again!

First before you start, look on daily forex recommendation read the prediction, mostly this prediction accurate but not 100% guaranteed. Now look the market time. and lastly read the news from trusted source. After you understand this step take a look on daily chart, I recommended to use Candlesticks to help you easy reading the chart.

The point in here is you should know and understand character of pair, ex: GBP/USD 200-500 point daily, EUR/USD 150-300 point daily, etc. Now wait and see, in this sample I use candlesticks (black down white up)

In next 4-12 hours you will see the price movement in daily chart, if it goes up in top candlesticks position and market not open yet dont open any position. BUT. if it goes up in top position and market open just waiting a moment when price not in top position then open position following the Candlesticks trend! (do same in down trend also) the safest next point target is 10-50 points. you can get more point if you have good prediction but Im not recommended if youre not really sure where the price will heading.

The key to win in forex mostly is margin management. if you have a lot of money you might will always win in forex. not mean little money would not win, again the key is margin management use 1-2% from your total margin to open position, the different is lot money should win lot, and little money will only win little. Again, play with safe margin calculate everything first.

Good luck

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This entry was posted on Friday, February 27th, 2009 at 9:30 PM and is filed under Make Money Online. Tips & Trick. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response. or trackback from your own site.

21 Responses to Forex Strategy:Wait and See Daily Chart.

lola Says:

interesting!!

Sebrina Retwann Says:

Thanks. very helpful post!

Istanto Says:

I know this strategy make lot of money, please share in here your succes story

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Istanto Says:

Sure, I will try your service someday hehe

FX Trading Secrets Says:

The market is quite calm now quite boring

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Daniel Shilina Says:

I look forward to testing your daily forex recommendations. Thank you for sharing.

MOHD ABDUL ALEEM Says:

i am investRs.50,000 on

3-4-2010 but .yet didnt started.can i know whats what is a reason for it.pleas mail mee(or)call.

my FOREX PROFIT ID ALEEM55.

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