you have to deal with draw downs. Writing down why you entered and exited a trade will help you to increase your trading skills and help you to make the same mistake multiple times. Victoria Victoria, Mahe, Seychelles. It helps to reduce the monitoring time, keeps the psycho-logical pressure at very low level and acts as time filter during market periods with choppy market conditions. 7) Signals which occur during a tight price range should be ignored. Exit Rules 1) Trades should be kept open as long all indicators confirm that the price will keep rising/falling. Only when you accept that and stick to the trading rules during difficult market conditions you will succeed as currency trader. Free Download Mr Alex from Moldova ( ) sent us that system. Therefore it is highly recommended not to trade dur-ing holiday sessions such as US, EU national holidays and shortly/after the new year. Besides, they offer very high liquidity and the low execution costs. Entry Rules 1) ProFx.0 signal arrow needs to be shown on the chart.
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A proprietary indicator which provides visual information about market direction. The advantage of using very low risk per trade is that even when to make a few wrong trading decisions, your draw down will be very low. However, our experience is that the M30 TF in combination with the H4 TF (trend confirmation) is the best choice. Copyright, Jelsoft Enterprises Ltd. ProFx Better Stochastic, a proprietary indicator which is based on the very popular work. They can work for and against you.