neilrickaby

Hi Lenox,
 
If you really want to learn trading then I recommend that you follow the lessons which fxfxfx has just started on the thread:
 

http://indo-investasi.com/showthread.php/6052-How-are-you-making-money
 
The reason I recommend this thread is because fxfxfx wants to teach struggling traders the basics of trading without relying on indicators or the new fad systems etc. These are tried and tested methods (Support and Resistance and breaks of swing highs/swing lows) used by all pro traders and will enable you to anticipate where price is most likely to go next without relying on some indicator turning green (which then turns red again as soon as you enter the trade lol).
 
Forex is very frustrating and credit goes to you for your continued desire to trade and persistence. Even the best traders have been through this seemingly never ending "learning curve". The vast majority of aspiring traders give in too early when they find that trading is much harder than it looks. Training yourself to trade is like training yourself to be good at any performance based skill (such playing musical instruments, sports etc.).
 
Firstly - don't believe that working harder (8-10 hours a day) will get you there quicker. Trading isn't like normal work where the more effort you put in the more you get out. You need to work smarter and not harder.
 
I was given a formula for success a while ago which applies to successful trading too:
 
Positive Mental Attitude + Plan + Preparation + Action = Success
 
The first thing to do is regain your confidence. The first thing to do is not to trade big money whilst you're leaning to trade - ideally practice on demo (remember you're practicing to trade like a concert pianist has to practice tunes). Don't spend 8-10 hours a day looking for new systems or THE "holy grail" system, instead put that time to good use by selecting a currency pair (EURUSD is ideal) and studying how it moves by putting in the screen time. You'll start to see that price regularly "bounces" at certain levels (i.e. support and resistance) which leads to some great trades with low risk/reward. Placing demo trades in this market will enable you to learn from your losing trades rather than crying over the lost money.
 
It's a good idea to keep a trade diary and log your trades with the reasons for entering and the result in pips winners and losers. Many traders never bother to do this, so they end up making the same mistakes over and over again. Go back to your log of trades after each day of trading and see why trades failed when they did - did you enter without a proper signal, did you forget to check the news calendar and enter a trade when price was highly volatile because of news etc? Your trade log gives you a way to measure improvement and when you can see improvement in your trading, your confidence will increase.
 
Trading without a plan means that you have no goal, which can lead to careless trading and an unclear focus. The plan can be in your head, though it needs to be solid and you're probably better off writing it down. Lots has been written by others about trading plans - though the very least you need is some sort of target in pips preferably on weekly basis. For example, as a start you could look to gain at least 50 pips a week consistently - this would be 10 pips a day. With experience you can build on this.
 
Preparation comes mainly in form of screen time. Bring up the 5m EURUSD chart and the 15m EURUSD chart. Look for signals which repeat again and again on the 15m chart and use the 5m to refine your entries (so that you can keep your stops very small). Watch how price typically moves in a day. Watch how it moves at the start of the UK session, the start of the US session, after news etc. Look for classic patterns such as 1-2-3 patterns, W and M formations, double/triple tops and bottoms. When these patterns coincide with S/R levels you end up with very high probability trades.
 
Take action by actively getting involved in the market regularly - place trades in demo (or in live for very small stakes). Continue to do this until you feel comfortable with your trading and confident to increase your stakes.
 
Finally, treat trading as you would a business. Because you can lose so easily if you're careless, you need to ensure that you're not gambling on any trades and that you always have good justification for entering any trades. If you're not 100% sure of any trade - then don't trade.

Hi all,
 
This kit of semi-automatic trading robots is a smart contemporary solution for 
maximizing tactical performance of any kind of trading. Each robot has own mission 
based on your instructions, and it accurately executes them without any emotional 
background. Moreover you can construct you own tactical net using a combination of 
robots. 
 
The kit contains 12 expert advisors, divided in 6 classes:
  
• EAs realizing tactics based on technical analysis (channels, triangles, rectangles 
etc.) 
• EAs realizing tactics based on fundamental analysis (news trading) 
• EAs hunting on specific trading opportunities (trailing pending orders) and 
controlling pending orders (OCO, one-cancel-other). 
• EAs controlling opened positions (advanced trailing stop loss)   
• EAs controlling changes of account balance (some kind of generalized Stop Loss 
and Take Profit for whole account balance). 
• EAs augmenting performance of manual control of orders and EA – trade 
assistants (graphical order control by mouse, market price performance alerts)   
 

info: [url]http://www.freewebs.com/ymbayer/robotskit.htm[/url] dl: [url]http://www.4shared.com/file/91225106/b55fb1/Semi-Auto.html[/url]
 
Regards

http://www.megaupload.com/?d=DQJNNAEV
 
A new EA build on the experience of successful indicator. Works best on EURUSD. Try 1H and Daily. Do demo forward test, that's we are interested in. If you have some constructive amendments, please welcome! Results testing of last quarter are promising.
Cheers Hermes

.......................................

Works similar on GBPUSD, I'm using a 13 pip range chart.

Hello Everyone,
 
This is my 1st contribution and its a great one :D. I've learned so much from YTC, the scalper is not my cup of tea but you may get something out of it. I also suggest subscribing to there newsletter (free) because it is golden information. I'm currently trying to wrap my head around the STARsystem but this forum is a wealth of information also. If your new or even a veteran you will find YTC a great tool in your trading arsenal.
 
http://www.m3diafir3.com/?cm2s6o16cxa3apb
 
Happy Trading,
Ninja.
 
P.S. Leave a lot of thanks, its good for my ego :)

Today I share with my Indo friends my proprietary Trend Pullback System. I have been working on it for a long time and think it's pretty special. It is a range bar system and has the uncanny ability to often identify the exact bottom bar in a countertrend pullback and enter on the open of the next bar! From an entry standpoint, it doesn't get much better...
 
Here are some recent charts. The arrows are mechanically placed by the system and not repaint:
 
 
http://i177.photobucket.com/albums/w201/jtimpsonstamps/signals.gif
 
 
http://i177.photobucket.com/albums/w201/jtimpsonstamps/signals2.gif
 
 
http://i177.photobucket.com/albums/w201/jtimpsonstamps/signals3.gif
 
 
Of course, nothing's perfect. There are rare times like the following where the market is choppy. Any suggestions dealing with "Choppy Market" appreciated.
 
 
http://i177.photobucket.com/albums/w201/jtimpsonstamps/choppy.gif
 
 
Here is the system itself, with all the indicators, a template and a word document that fully describes the system and how to set it up on your Metatrader 4 chart.
 

http://www.multiupload.com/M89SOFKNJV
 
You are all welcome to use it with my compliments! But if you use it, I am not responsible. Also you may not sell it.
 
I am happy to share with you all. I have a top level coder who I will be paying to potentially create an EA starting
Thursday. I hope that you all will take a close look at this system and suggest improvements. Particularly I am interested in things like Trade Management and filtering of bad signals. Any ideas appreciated. Now is the time to do it, before the EA specialist begins. Oh, by the way, if it works out OK, I will be sharing the EA to all the folks here with my compliments so let's make this the best system ever !
 
Diesel10
 
 
PS My sincere thanks to Indo brothers Stovedude, Alright and Musketeer for their able assistance along the way !

here :)

http://www.mediafire.com/?fypsnbby427f3yg

http://www.priceaction5.com
 
 
Hi , just wanted to share this little system I just bought.Here it goes :
http://www.multiupload.com/9H705YBY24

That is exactly the same what james16 and mike are teaching in Forex Factory.

http://www.multiupload.com/8EJRRCVGYX
 
sorry richdad711, not a good enough user to send PM's yet but here you go:
 
So far so good - 8 Trades / All wins = +78 pips - this needs EDU and is currently locked to FXPRIMUS I believe - hope you all can help! :)

Here you are Cloverix 2 for sharing
 
CloveriX works on EURGBP and EURCHF
Timeframe: M15
 
Here is uneducated
hxxp://www.fileserve.com/file/UmbjfvZ
hxxp://www.4shared.com/file/vJmeTGKd/cloverix2.html
 
Here is educated
hxxp://www.fileserve.com/file/ytjX8ww
hxxp://www.4shared.com/file/XvBxwu59/cloverix2edu.html
 
 
Don forget about the kudos okey...