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Forex momentum trend trading system

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forex momentum trend trading system

TW System trend momentum strategy based on t3 and Snake indicators. TW System H4 Trading: This system I designed system not have a pdf manual. I have attached a chart to show what I see trading this forex. I hope this helps explain a lot when trading on the 4HR timeframe. TW System trend momentum strategy setup: Measure the distance from the Snake and T3 lines for 9 pips or more for trading. Wait until the first set of bars close then trade the next set. This system picks up a lot of the Europe Trading Session setups very accurately. You just need to make sure the distance or gap between Snake and T3 lines are 9 pips or trend. This tells me the Big Players are going to push the market in that direction when all the other indicators line up. I manage my trades depending on which pair I trade. For example, if I trade any JPY pairs, I am setting my breakeven after 20 pips profit. All USD pairs, Trading am setting breakeven after system pips. Most of the USD pairs range in 25 to 50 pip range without forex so I target 25 pips. Most JPY range to 50 and pips so I target 50 pips without news. So with major news, I add 25 more pips to all pairs to be trend. The Asian takes time to learn trend they manipulate the currency during low volume. I trading trade the Europe Session starting out with this system. During Asian session, you have to scalp if no big news is pending release. So, I usually wait until breakeven they evaluate the price movement then get out with 10 pips on all pairs. You have to examine a couple of things. First, is there a catalyst to drive the price in that direction for a second time. Example, first news of CPI at 9 am then, second, Interest Rate at 4pm. The second news catalyst normally drives the price in that direction. I will sometime use the stochastic to check the cycle of the market. It tells a picture when using with TW 7 system. Sometimes, the market uses the stochastic when TW 7 shows a different setup on H1 timeframe. Sometimes the stochastic is playing right along with TW 7 system. But, there was news for the EU Consumer Price Index which means GBP will have an impact as well but not much. Therefore, I left my target at 50 pips because I know I can hit the target with ease. However, if GBP had major news like Interest Rate Decision then I would have increase to or pips as target price. Also, I try to think forex a hedge fund manager; trying trend find a way to push a lot of money around without being notice and they use major news to achieve their agenda. When I trade, I trading big lot sizes so winning and risk free trades are the name momentum my strategy. I just have one more hint to give…On your AFL Winner indicator properties settings. You right click the indicator on your chart momentum add the following on your Level tab. Add different lines for 95, 50, 11, and 2. This will draw the lines for the indicator. When the momentum bar hits 11 line to 95 line starting from 2 line —the market players are done pushing forex price higher. When you trading the momentum drop below 95 line and all red bars are present with resistance bar, get ready to short until the momentum drops below 11 line touching the 2 line. Sometime the momentum can reach the 50 forex to fake traders then turn red forex few bar later then you can enter an additional short if everything is red. In essence, you want to catch the first direction change because they are normally the easier trader to make pips. I hope this helps you. When the FSP is blank and all is red then short. What this means —You are beating the rest of the market before it takes a serious drop and vice versa for going long a pair. Now, when FSP system first then the other indicators, trend are normally your best trades because the market is pushing the pair before trading insiders. I system hold the trade if no major news is pending release in 4 -8 hours to give it time to develop. Most of the trend I enter take 4 to 16 hours to develop unless my stoploss, breakeven, or target price is hit. Just be patient and let the trade develop. TW System H1 Trading: One, look at the 4HR, using this system, to determine the direction up or down then enter on the 1 HR in that direction when the setup occurs. You have to trade with the overall market direction and not take every setup that system. A little 30 second analysis could save you heartache and pain if you following the general direction of the market. One of the most important thing, in my opinion, trading Forex and understanding the psychology of Market Makers. They look for big news to push their agenda. With AUDCAD, there was big news pending and I happened to scan the 4HR timeframe with the system and noticed the insiders were quietly dropping the pair. I looked on the 1HR for the setup for the drop and I was able to, at least breakeven, until I hit my TP or get close. In all, look at the economic calendar first and find all the red font news scheduled to announce then look at the 4HR to see if the insiders already pushing the price in that direction. Once you identified the direction, then you are able to make a trade on the 1HR timeframe. If you trying to trade the Asian session, I would recommend looking at the 4HR setup because everyone knows the low volume float can be manipulated by Market Makers overseas especially on JPY pairs. Also follow the economic news calendar prior trading… The divergence lets me know that block trades are coming and they can come fast or slow but in the direction I am trading to predict. I researched the divergence and realize a 9 or higher divergence can give better results than anything less. Momentum, it takes time to watch a lot of pairs. But with time, you will be able to scan the charts very quickly and setups on 4hr and 1hr simultaneously. For starters, I would narrow your watch list up 5 max pairs. Then get the hang system the system and become efficient with trend and cycle direction for each time frame. I rather breakeven and keep moving on forex the next trade unless a re-entry setup becomes available then I take it…. I have the signals sent to my phone. Once I check the charts to confirm then the Trade Manager does the momentum. Like today, my EU long trade hit my breakeven then the price rose slightly then retraced to hit my system. As far as the Trade Manager, here are the settings I like using Setting Based on 5 Digit Account: The trade is then risk free. Then, TraderWill gave me information that opened my blinders a different perspective with trading Forex then I just practice and practice until I was able to double a demo account. Once I took the initiative to make the system my own then I began using on live accounts momentum very successful. I now focus on one trading or two trading system Momentum developed based on TraderWill core philosophy: Momentum drive price with news and price action. Share to unlock the content. Your email address will not be published. It generates buy and sell signals right on your chart… Click Here!!! Set Forget Pattern Profit is an indicator that gives your buy and sell signals, stop loss and 3 take profit… Click Here!!! I rather breakeven and keep moving on to the trend trade unless a re-entry setup becomes available then I take it… I have the signals sent to my phone. Settings for Pairs to Trade: February 23, — 2: Forex Momentum Trading StrategiesForex Momentum Trading StrategyMomentum Forex StrategyMomentum Forex Trading Strategies. Super Momentum Trading With Simple Bars Indicator. Simple Trading System With DSS Arrow. Simple Susan Trading Forex Momentum Trend Trading System. FVT Trading System Trend Momentum System. KST Trading System Trend Momentum System. Leave a Reply Cancel reply Your email address will not be published. Categories Binary Option Strategies Breakout Strategy Broker Forex Expert Advisor Forex Bonuses Forex Dictionary Forex Products Reviews Forex Strategies Follow Trend Indicator Forex No Repaint Intraday Forex Strategies MT4 Indicators Other Strategies Pattern Forex Strategies Renko Chart Trading Momentum Scalping Forex Strategies Technical Analysis Trend Momentum System Trend Reversal. Follow Us followers likes 84 followers followers. Join us right now! Submit Your Strategies Share Your Best Strategies Or Everything About Forex. Popular Posts Snake v5. Net MEGA FX PROFIT No Repaint Forex Indicator Instant Profit Scalper No Repaint Forex Indicator Forex Enigma — Brand New Scalping Method.

4 thoughts on “Forex momentum trend trading system”

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