Easy Forex System

Filed Under (Forex eBook) by ForexDigg on 15-08-2009

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Easy Forex System

Layout: OK also. Get less good, but still ok for the computer and read through in print.
Body Language: It’s easy to understand. Quite friendly

Materials:
- Consists of 10 books and 1 Fibonacci Calculator
- One of the bonus ebook only discusses the Candlestick. Yah lumayan, although not complete. graph at least candlesticknya clear.
- One bonus ebooknya discusses trendline and chart pattern. I copied from the main ebooknya.
- Main ebook discuss technical analysis: pattern chart, Candlestick, and some indicators.
- A fundamental analysis of a few, but not too useful for trading. Eg he is the love of a GDP that is one of fundamental mouthful. Anything but the only definition alone, does not effect what I love to forex, I have a number segitu what this means, buy or sell, he ga tau tuh love. Does not become quite useful.
- Trading psychology covered only 3 / 4 page. Yah lumayan than have ga. :)
- Do not discuss money management.
- It’s a trading system, to focus on Fibonacci. But I do, it’s not a trading system. Yah I read fibonacci aja.

Bottom line: Personally, I am quite disappointed bacanya: (This package is only likely to “just another forex ebook,” ga do something special. Blom you may make about the Fibonacci ngerti be read. Or do not read a technical analysis you can read a bit brief this book. Body language quite friendly. But a senior perch, this package is less useful.
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4 Hour MACD Forex Strategy eBook

Filed Under (Forex eBook, Trading System) by ForexDigg on 02-07-2008

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When the first time i trade online Forex i found this great e book from ForexFactory.com maybe you will find the thread at the first page at ForexFactory.com. Phillip Nel really tech me how to use MACD at 4 hour time frame, but not just like that i try making the 89 Simple Moving Average at the 30mnt and 1 hour time frame it give me some pips to hehehhe, btw this really great e book Two Thumbs UP for Phillip Nel if i can i wanna give three or five Thumbs UP ….

View cut from the e book;

I stopped counting the pips for the April 2006 testing as it completely
convinced me of the success of this method. I randomly tested it using previous years
and the results were amazing. Average of 300+ pips per month and then I only trade
the trades that gives signals at these times 17:00, 21:00 and 01:00 (GMT +2). It gives
between 8-10 deals per month using the mentioned timeframes.. (I use Metatrader and
data supply by MIG.)
If you use patterns in the MACD that occur regular that gives results and use
them every time they occur you will most definitely make money.
I haven’t discuss nor used trendlines so far in this document and when you add
them it will most definitely helps you in defining your exit levels. The entry level are
determine by the MACD but the exit or profit levels is determine by support and
resistance levels. I use the moving averages as described earlier as well as Fibonacci
levels and then most definitely trendlines and price levels. I normally take the daily
graph and draw the trendlines according to it and then go to the 4 hour graph. I make
them nice and thick so that I can see them. Then I draw the different price levels such
as 1.2900, 1.3000, 1.3100 etc. It is amazing to see how the price find support and or
resistance at these levels.
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