Saturday, July 24, 2010

Market Strategy - forex,stocks,bonds,commodities,futures,metals, ...

Here is a cool way to effectively trade the forex and stock market(s) in general without lossing ....


Among all markets of the world, the forex market is the biggest one of them all with a daily turn over of over
3 trillion USD daily and the market is all about buying and selling.


I've been into the forex market for a very long time and i know how the market behaves. I've also used hundreds of forex trading indicators and softwares of which they all turned out to yeild little or no result.


I have a full catalogue of forex trading indicators and softwares that may be useful to you but as far as i'm concerned, candle stick trading still remains my best strategy in buying and selling in the forex and all kinds of stock market.


It tells me when to buy, when to sell and when to exit the market. I so much like the short and long term trading cos it makes me gain better.


For now, we shall be discussing on how to effectively trade the forex market with the help of the candle sticks.


In using the candle sticks, we shall be taking a breif study on a candle stick pattern called the hammer and the marubuzos. The hammers and the marubuzos have bullish and bearish patterns and both of them clearly speak of buying and selling periods and points of the forex and stock market in general.


For a selling market signal, when you see the hammer or the marubuzo just forming, just take the buy position and put your stop loss directly bellow the open of the bearish hamer or marubuzo candle stick and choose your take profit and also remember that the smaller your target, the safer you are .
















A hammer is a candle stick with just one shadow and the marubuzo is also a candle stick without a shadow.



A bullish hammer represents a buy why a bearish hammer represents a sell of which the same thing applies to the marubuzos also.



You must understand that you must take a trade when it's just starting and not when it has already gone for a very long time.



When you see a hammer or a marubuzo just forming, that's when you take the trade and put your stop loss directly bellow the candle stick and choose your take profit but remember, the smaller your take profit, the safer for you .



For a buying market signal, when you see the hammer or the marubuzo just forming, you take the buy position and put your stop loss directly bellow the open of the bullish hamer or marubuzo candle stick and choose your take profit and also remember that the smaller your target, the safer you are .















I wish you great success in trading this strategy cos this is what i use in making 4 times my account size monthly without lossing.

GOODLUCK !!!