Introducing New Forex Signals
Hello Everyone !
I would like to announce a new set of signals. These signals are based on Breakout methodology and as far as my internet research goes no one else has published such method yet.
The idea is simple, wait for market to start trending intraday. Wait for pullback and then breakout in continuation of market trend. The concept is quite straight forward, however what most traders fail to identify is correct market trend. I’ve identified correct way of identifying trend and to know when the market has trended enough. Most traders either enter too early or too late, finding the perfect time is the key to successful Breakout trading.
At this stage I’ll only provide signals as they happen but would refrain from discussing exact methodology. I’ve been using this system for a while now and it works great with all major pairs. These signals would be posted as usual on Twitter and Facebook. Along with this I’ve created a mIRC Chart Room at QuakeNet “#FirePips”, details of which are posted Here.
The breakout signals would consist of only Entry Price initially. Once the breakout takes place I’ll send update with Stop Loss and Take Profit. Most trades would have Risk/Reward Ratio greater than 1:2
I use few more methods, based on counter-trend and long term time-frame. Signals for which will be provided in due course. All my systems use no indicator whatsoever and they all are purely based on Price Action.
Happy Trading.
Looking forward to see how things play out
Good luck. I will be following
i like your idea and i hope it is the good way for a traders like me to follow…