Urban Forex - Urban Towers Scalping Strategy

Read Here Urban Forex - Urban Towers Scalping Strategy urbanforex.ning.com Urban Towers scalping trading strategy video tutorial. This strategy is brought to you by Analyst Navin Prithyani.

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1 comments:

dolly chaudhary said...

Let me explain the basic principle how most Forex systems work. They are tuned up

to work in a specific market condition. They often make money in a trending

market, but loose money in a choppy market. It is not a problem as long as the

market is trending and the system is making more money than it loses. Such a

system can be profitable for several months and you would be happy with it.

BUT...
PREPARE FOR THE WORST...
Market change over time. A well designed system starts with trend analysis to

stay away from potentially losing trades. There are two problems of how a Forex

system recognizes the trend.
PROBLEM: FALSE "STRONG TREND" INDICATION.
The system responds only to immediate price action. An explosive price movement

that is usually the result of news release is tempting people to jump in and make

a profit. It looks like a "strong trend", but what usually happens next is a hard

fall.
To avoid falling into this trap, check for the SOLUTION to find a REAL trend:
==> http://www.forextrendy.com?nsjjd92834
SECOND PROBLEM: TREND RELIABILITY
Most systems use various indicators to determine the trend. Actually, there is

nothing bad about using indicators. One Simply Moving Average can do the job. The

problem comes with the question: "Is the market trending NOW?" Whether the market

is trending or not trending is not like black and white. The correct question is:

"How well the market is trending?"
And here we have something called TREND RELIABILITY.
Trends exist and they can be traded up and down for a profit. You have to focus

only on the most reliable market trends. "Forex Trendy" is a software solution to

find the BEST trending currency pairs, time frames and compute the trend

reliability for each Forex chart:
==> http://www.forextrendy.com?nsjjd92834

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