Sunday, 8 November 2009

Free Forex Signals - how to use my signals for trading

Free forex Signals-How to use my signals

Everyday started from GMT 0600hrs onwards ,I will start publish my signal step my step depend to the market movement and good position if available at least about 8 currency will be publish before GMT 1200hrs.

The technique is to take at least 8 to 10 pending order before GMT 1200hrs. For risk management please use as  example: if your equity is 1000USD use 0.10USD/lot.

If pending position execute at least 5 positions, delete all the remaining which still pending and focus on it for taking profit.

Here is the theory, everyday I'm looking at the highest and the lowest price of the selected currency. We don't want to play using ranging area which will start going up and down and at last will give us ending with negative profit. So why not we wait with our pending orders until the market finish going up/down than we enter.So that's mean if market still move after the pending order execute it will not go much higher and posibility to turn back is much-much better than we take position at the middle of the high/low market.

Because of this reason that why we need to use more currency(pairs) so at least if we do 8 to 12 pending orders normally we will get 3 to 5 position execute with the best price their high and low.

So you traders please choose whatever currencies that I'd published. Remember don't use more than 2% of your equity for every position.

1000 USD - use 0.10 USD /lot
2000 USD - use 0.20 USD /lot
3000 USD - use 0.30 USD /lot

Normally I use 100pips for S/L for each currency(pairs).

Free Forex Signals - who feel very lazy to do some study

My Free Forex Signals
I publish here free forex signals for all who feel very lazy to do some study about the market for the day, but still want to trade forex to get a profit. So for those who want to follow the forex signals that stated below are welcome. But If wrong please don't blame me for your loss.Trade at your own risk.May God bless you all traders.

The reason why I do this website is just to motivate myself to get the best signal for my own trade,because I know maybe got some people will follow the signal that I had publish in this website.

free forex signals

At this moment I trade
  10. AUDJPY
  11. AUDCHF
  12. AUDCAD
  13. CADCHF
  14. CADJPY
  15. CHFJPY
  16. NZDCAD
  17. NZDCHF
  18. NZDJPY
  19. EURAUD
  20. GBPCHF
  21. GBPJPY
I attach my trading statement for 'foolproof' below.