High Quality End-of-Day forex Trading Systems

What is forex and why trade it? What is a trading system? Why End-of-Day? Here is a review of the systems I trade or have traded I trade or traded them at different times, depending on market conditions and my time availability, with varying results. These are solid systems that provide an edge, if traded consistently […]

Trade opening filters

Trade opening filters To have a complete trading system you need trade open criteria, entry method, initial stop loss placement, trade management plan, positing sizing method. For a complete trading plan, you need to add list of markets, broker, computer, trading hours, mental preparation, emergency plan, etc. This article talks about one component of the trading system, […]

Confluence factors for trade opening

Confluence factors for trade opening A complete trading system building blocks include open criteria, entry method, stop loss, closing method, position size algo, etc. But there is more. This article talks about one more component of the trading system, i.e. confluence. Confluence are additional criteria that, if met, are additional reasons for you to open the trade.  They increase […]

Trade opening setups

Trade opening setups Trade opening setups To have a complete trading system you need trade open criteria, entry method, initial stop loss placement, trade management plan, positing sizing method. For a complete trading plan, you need to add list of markets, broker, computer, trading hours, mental preparation, emergency plan, etc. This article talks about one […]