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Luke 6:38 - give, and it shall be given unto you... AGAPE.com
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High Probability Trading for Ranging and Trending conditions The market place is like the dance floor. Good traders are like good dancers. To dance well, you must let yourself be moved by the music. To trade well, you must move with the flow of the market - up, down or sideway. We can easily miss the obvious when we try to over complicate the things we perceive.
Trading should be made simple and not difficult. The undisputable fact is that when prices reach the support and resistance price levels, they either bounce back or breakout at these Tops or Bottoms. We just need to study the price charts sufficiently to be able to identify
these Tops and Bottoms. The next step is to study the price patterns at these levels to provide us with the clues for our winning trade entries. Guessing
what will happen is gambling. Never trade on hope. Only trade with the odds in your favor. Here is an example of high probability trading for ranging and trending market conditions...
1 EA, 1 trading system, 7 major pairs, 15 trades on daily charts
from 1 Jan to 22 Apr 11, 936 PIPs profit, averaging 5.5 gains for each loss.
Please click on the thumb-nail images to view the screen-shots...
The purpose of this set of screen shots is to show that an effective and robust trading system can be automated to maximize gains and minimize losses. It is effective when it can automatically adapts to changing market condition
i.e. when prices moved from a range to a trend and vice versa. More on Range and Trend Trading...
An EA developed according to your trading system allows you to test it's effectiveness, efficiently and expeditiously on different time frames and currency pairs. An EA's operating parameters can also be tweaked and optimized quickly to adapt to ever changing market conditions for optimal result. An EA that handles the total life cycle of a trade from trade entry to trade exit will free you from constant monitoring of the markets and leave you with precious time for your love ones and the things that you enjoy doing. These 3 advantages and benefits in addition
to the stresses, the emotions and
the costly mistakes that you can avoid with auto-trading,
should help to convince you of the merits of
algorithmic trading. Contact me to find out how I can help you to improve your profitability and productivity in your trading for FREE... |
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