Pick only the best trending pairs and time frames and DO NOT take any trading signals in the choppy market (unless you know exactly what you are doing). STOP hunting the market for every potential trade. You need to know "how well" the market is trending to avoid very short-term trends.
Just pick the best trending pair at the current time and simply follow the trend! I have found ONE INCREDIBLE TOOL that continuously scans the Forex market and picks the most reliable trending pairs for you.īy taking signals in the direction of a strong trend you would REDUCE UNNECESSARY LOSSES and increase the odds of winning. If you increase your odds of winning by only 20%, that would make 70% winning trades and 30% losing trades. Imagine you trade a system that makes 50% winning trades, but another 50% are losing trades. What I'm going to share with you is something very EASY to use and very POWERFUL at the same time.
#DRAKE DELAY STOCHASTIC SOFTWARE#
Just join in and start using it within a FEW MINUTES! Get it on the link below:ĭo you think that to dramatically improve your success rate you have to read tons of thick books, buy expensive software and spend countless hours of learning more about Forex?
#DRAKE DELAY STOCHASTIC DOWNLOAD#
The system is running on our powerful computers, so you have nothing to download and install. This way you pick the best trending pair and time frame at the current time. The software scans 34 Forex pairs on all time frames from minute to monthly. I actually want to let you know about a SPECIAL TOOL that I use to find the BEST TRENDING PAIRS among all the Forex pairs. If GBP/USD was a well trending currency pair a few years ago, today it is another one.
The "PROBLEM" is that markets change over time. Which Forex pair and time frame is best to trade" is the frequently asked question and I want do give you the DEFINITE ANSWER.Īre you expecting that I am going to say something like EUR/USD on 5-minute time frame or GBP/USD on daily.? No, it is not so simple, but SIMPLE ENOUGH we can figure it out! Now it's time to use powerful dedicated computers that will do the job for you: This kind of analysis was very time consuming, but it was worth it. This sophisticated software automatically draws only the strongest trend lines and recognizes the most reliable chart patterns formed by trend lines.Ĭhart patterns such as "Triangles, Flags and Wedges" are price formations that will provide you with consistent profits.īefore the age of computing power, the professionals used to analyze every single chart to search for chart patterns. Trend lines with more than four touching points are MONSTER trend lines and you should be always prepared for the massive breakout! One good guideline is that a strong trend line should have AT LEAST THREE touching points. You have to distinguish between STRONG and WEAK trend lines. You see trend lines everywhere, however not all trend lines should be considered. The problem is, as you may have already experienced, too many false breakouts. Drawing good trend lines is the MOST REWARDING skill. Prices respect a trend line, or break through it resulting in a massive move. "Forex Trendy" is a software solution to find the BEST trending currency pairs, time frames and compute the trend reliability for each Forex chart:ĭrawing trend lines is one of the few easy techniques that really WORK. You have to focus only on the most reliable market trends. Trends exist and they can be traded up and down for a profit. The correct question is: "How well the market is trending?"Īnd here we have something called TREND RELIABILITY. 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. One Simply Moving Average can do the job.
Actually, there is nothing bad about using indicators. Most systems use various indicators to determine the trend. To avoid falling into this trap, check for the SOLUTION to find a REAL trend: It looks like a "strong trend", but what usually happens next is a hard fall. An explosive price movement that is usually the result of news release is tempting people to jump in and make a profit. The system responds only to immediate price action. PROBLEM: FALSE "STRONG TREND" INDICATION. There are two problems of how a Forex system recognizes the trend. A well designed system starts with trend analysis to stay away from potentially losing trades. Such a system can be profitable for several months and you would be happy with it. It is not a problem as long as the market is trending and the system is making more money than it loses. They often make money in a trending market, but loose money in a choppy market. They are tuned up to work in a specific market condition. Let me explain the basic principle how most Forex systems work.
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