Bookmark this Page!
STEP 2:
Go to School. School of Pipsology that is. You may take your time reading through everything. But I want you to pay attention especially to 2 things:
Japanese Candlesticks
Take special note of how to identify open, close, high and low positions of a candle. This will be important in implementing in my system
Moving Averages
Take note of what they mean, especially smooth moving average, exponential moving average, and weighted moving average and appreciate the significance in the cross-overs of moving averages.
TAKE NOTES! I mean it. Whether you are successful using my system depends on these.
.
.
.
.
.
.
.
.
.
.
.
Done?
Good!
STEP 3:
Sign up for Easy-Forex and Log-In to the Classic site (Bottom right hand Corner of Easy-Forex)
You can use your Credit Card or Paypal to transact. You may sign up for Paypal here.
STEP 4:
Once you are logged in, click on the Charts icon
Setting up the Chart for Trading using My System:
Click on Single Chart tab. It should show you the chart for EUR/USD pair
Click on Chart Type and choose Candlestick
Click on Time Scale and Click on 4 hours
Click on Studies------Weighted Moving Average--------set parameters to 100-------Change colour to red-----click OK
Click on Studies------ Moving Average--------set parameters to 15-------Change colour to orange-----click OK
Click on Studies------ Moving Average Exponential--------set parameters to 100-------Change colour to green-----click OK
Step 5:
Log into My System. Study My System very carefully and try to apply to what you see on the chart in front of you.
I suggest you take your time understanding the principles behind my System and how I make consistent Profits with it.
Step 6:
Once you get the hang of it, Deposit $25 (minimum deposit at Easy-Forex ) and you can start your trade.
Open Easy-Forex on another window. Click on Forex Day Trading.
If you expect prices to go up, you should BUY EUR and SELL USD.
If you expect prices to go down, you should SELL EUR and BUY USD.
Select Amount as 25 000 EUR
Select Amount to Risk as $12.50 (the minimum- it is your first trade do not risk so much)
Click: Freeze Rate----Accept
YOU HAVE STARTED TRADING!
Once the indicators in my system indicate you should pull out, click on Closing Values---Freeze Rate---Accept.
Then you just wait for the next signal.
Happy trading!
Looking for something easier? What if I offer you $40.50 to download robots that will trade Forex for you automatically 24/7? Take a look!
