Forex Price Movement – The Best Mathematical Formula For Profit

There are many theories that say that as human nature repeats, there is a law for market movement and if you know the law you can apply a mathematical theory and make money but which is the best? Let’s find out…

Popular theories are – the Fibonacci number sequence, Elliot Wave and Gann’s price and time. There are many others but the fact is none of them are scientific or mathematical.

The definition of a scientific law is that it works ALL of the time!

None of the above work all of the time and that means there not mathematical.

In fact there is no hidden law to market movement because you are dealing with probabilities not certainties.

Just like a good poker player, makes money trading high odds hands, the aim of the successful forex trader is to trade high odds trades.

People think that the appliance of mathematics can beat the market but if the market doesn’t obey any law then it’s doomed to failure and this leads to a simple fact about Forex trading which can lead you to success.

50 years ago – 95% of traders lost and the ratio of traders who lose today remains about the same.

This simple fact leads to a compelling conclusion.

If you think about it all the advances in news, forecasting and mathematical theories have not increased the number of winners and this means you need to – Keep it simple and success is dependant on something else!

Simplicity and Discipline the Keys to Success

Simple systems always work best in an odds based market as they have fewer elements to break than a complicated one.

Once you understand this you need to trade with discipline trading high odds trades and keeping losses small. You are as we said earlier trading the odds like a good poker player and its no wonder that some of the top traders in the world – were you guessed it, successful poker players!

Most traders like to think they can beat the market and avoid losses and see technology as the answer but as we have just proved it’s not the answer.

If you want to win at forex, think like a poker player rather than a mathematician and you will have a lot more success, as you will be trading the odds and that’s the way to win.

Alpari Uk – How To Get Monthy Rebate On Your Forex Trading With Alpari

Alpari Uk is one of the most established and trustable Forex Brokers on the market. Alpari Uk is regulated under the Financial Services Authority. With Alpari Uk you can trade with the Metatrader 4 trading platform. This trading platform is among the most widely used platforms in forex trading. It has several advantages. For example, by using so called Expert Advisors you can trade forex automatically even when you sleep. Forex Megadroid, FAP Turbo and Forex Shocker is among the most popular Expert Advisors that you can use if use Alpari Uk. Alpari Uk makes money on spreads and commissions. When your turnover is very large, your broker make a lot of money from your trading. Is there a way to get a discount or cashback on all this money your broker is making from your trading?

Yes there is! Take a look at the following calculation example:

Assume that you open an account with Alpari Uk, which offers 0.42 pip discount per roundtrip lot traded. One pip equals about $10 on average if you trade EURUSD, EURCHF and EURGBP. Lets say that you deposit $2000 on the account. Our estimate is that you will turn over about 20 Lots per $1000 per month on your account when using FAPTurbo and Megadroid. Assume that your turnover is 100 lots per month on your $5000 account.

Your monthly cash rebate during the first month would then be:

0.42 x 10 x 100 = USD 420

Your annual ROI would then be (420×12/5000) about 100% per year, only from the cash rebates.

This is a very conservative figure since it does not take any compounding at all into regard and assumes zero growth from expert advisors. Assuming a monthly growth rate of 20% you could make $6000 per year from this program only. The good thing with this program is that you make money bas on your volume, not only on your win rate.

It is 100% free to sign up and your spreads or commission remains the same after joining this program so there is really no reason why not to join. It is simply just money waiting to be collected by you!

Alpari Uk is not the only broker that is connected to Cashback Forex. You can also claim a cashback from the following brokers: Alpari UK, Avafx, Dukascopy, Etoro, FXCBS, FXCM, FXDD, Fxopen, Fx Pro, GallantFX, Go Markets, Liteforex, Marketiva, Tadawul FX, X Forex

If you are a forex trader, sign up for this program today and start to take advantage of the cashback system and get some money back from the brokers.

To learn more about this program and to sign up, please go to the link below.

Alpari Uk Cashback Program:

Forex Robot To Double Your Money Each Month

Get A Forex Robot That Is Capable Of Doubling Your Money Every Single Month… I Guarantee That The Video Below Will Change Everything You Have Heard, Seen Or Tried In Forex Automatic Robot Trading…

See MAGIC Unfolding In Front Of Your Eyes: (go to link to see the video) )

True..those $42,500 are REAL dollars…Not some demo account or some back-tests…but real money that can buy real things…produced by the century’s most robust, profitable and easy to use Forex robot ! Yes…Thats Right, You Got It…We Put Our Money Where Our Mouth Is! Here is a real money account which is traded on public! It grew from $5,100 to around $36,500 Fapturbo is verified by Ea Lab. Here is more trading proof: Just now we released the new Spring 2011 Update FREE of charge (as usual) to our members adding a new INCREDBILY good performing trading pair and many new features that have been tested over months. Our Forex robot can be traded with ANY account size….BIG or SMALL! We wanted to show everyone that unlike many scam-only-working-on-paper Forex robots out there, FAP Turbo is REAL Now…lets get to the most important part of all of this…to the reason why FAP Turbo is #1 and will be undefeated for a VERY long time. I want your full attention here…I mean it, this is KEY: Understanding the following will show you why FAP Turbo is the real deal…why it’s a golden opportunity for the smart ones… Do you remember I told you at the beginning of the letter that back-test results are worthless? Well, THEY ARE! So, why am I about to to show you back-test results of FAP Turbo? Well…and this is the best lesson you will ever learn in Forex robot trading: Back-test Results Are Worthless UNLESS You Can Validate Them With Live Forward Trading! What does this mean? Well, simple and to the point: if you back-test a robot and it shows 100% -demo- profit in one month, it should PRODUCE around 80-100% profit in LIVE trading. Thats it…mo more and no less! So, how did FAP Turbo perform in back-testing? Well…

For those that are a bit -technical- let’s sum up the above: -11 Years Back-test -14,088 Total Trades -99.66% Winners -10,607% NET Profit -0.32% Drawdown! Incredible results right? Yes, VERY impressive…

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Forex Tips – Why You Should Consider Trading The End Of Day Charts

When you first start trading the currency markets, it is easy to find yourself drawn to the short term charts such as the 1 minute, 5 minute and 15 minute charts. This is because you can bank profits in a very short space of time, and can be in and out of a trade very quickly. However you shouldn’t rule out the daily price charts because these can be just as profitable, if not more so.

What you have to bear in mind is that when you are trading the short time frames, you can only really expect to bank modest profits from each of your trades. These are often in the region of 5-20 pips at most. However when you go up to the daily charts, you will be in trades for a lot longer, maybe as long as a week or two, so you can potentially bank huge profits of several hundred pips from just a single trade.

The beauty of this is that you don’t have to stress yourself looking for multiple trades every single day. You can simply switch on your computer at the end of the day’s trading session, ie when the daily candle closes, and look for any high probability trading opportunities amongst the various currency pairs. If there are not any decent set-ups, you can wait until the same time tomorrow. However if there are one or two opportunities, you can enter your trade, set your stop loss and target price, and watch it slowly unfold over the coming days (and weeks in some cases).

Your overall success rate should be a lot higher on the daily time frame because technical indicators tend to work so much better on this time frame than many of the shorter time frames. With day trading you may struggle to make any money because there are so many false moves and whipsaws throughout the day.

Of course you still need a profitable system in place even when trading these end of day charts. However it should be a lot easier to come up with a winning system. You just need to come up with a way of trading breakouts or price reversals, which is not all that difficult if you look for things like pin bars, EMA crossovers, MACD crossovers and divergence on some of the most popular indicators.

So the point is that if you are not having too much success trading the short term price charts (like most forex traders who try trading these time frames), you should seriously consider trading the daily charts instead. These are far easier and less stressful to trade, and you should find that you can make more money because the price moves are easier to predict.

One Easy Forex Tool Makes A Big Difference

Do you consider that to dramatically boost your rate of success it’s important to read tons of thick books, buy expensive software and spend never ending hours of learning more about Forex?What I’ll reveal to you is one thing very simple to utilize and also powerful simultaneously.

Allow me to give you an example: imagine you trade a method that makes 50% winning trades, but another 50% are losing trades. If you boost your chances of winning by only 20%, that will make 70% winning trades and 30% losing trades.

Well, how you can accomplish this?

Just pick the right trending pair at the present moment and just follow the trend. I’ve discovered one incredible toll that continuously scans forex and picks the best reliable trending pairs for you.By taking signals in direction of a powerful trend you would reduce unnecessary losses and boost the odds of winning. You need to know “how well” this marketplace is trending avoiding very short-term trends.

Stop hunting the marketplace for every potential trade. Pick just the best trending pairs and periods and don’t take any trading signals during the choppy market (unless you know exactly what you are doing).Successful traders make it simple and this is the way how the pros made fortunes in the markets – by trading less and making more.

Drawing trend lines is one of the few easy techniques that actually work. Prices respect a trend line, or break through it resulting in a massive move. Drawing good trend lines is a very rewarding skill.The thing is, as you may have previously experienced, too many false breakouts. You see trend lines everywhere, however not every trend lines should be considered. You need to distinguish between strong and weakEAK trend lines.

One good guideline is that a solid trend line should have a minimum of 3 touching points. Trend lines with four touching points are MONSTER trend lines and you should be always prepared for the large breakout.Forex Trendy software automatically draws only the strongest trend lines and recognizes the most reliable chart patterns formed by trend lines.Chart patterns including “Triangles, Flags and Wedges” are price formations that will provide you with consistent profits.

Prior to ages of computing power, the professionals used to analyze every single chart to find chart patterns. These kinds of analysis was very frustrating, however it was worth it.Now it’s time to use powerful dedicated computers that will do the job for you.The program scans 34 Forex pairs on all time frames from minute to monthly. This way you pick the best trending pair and timeframe at the current time.Read more in my Forex Trendy Review.