The Double in a Day EA and Forex Trading Technique This EA and Forex technique has developed the name “ Double in a Day ” because its uncanny ability to double trading accounts in one forex trade (there are lots of examples of this on the website) Jan 05, · Forex trading strategy #54 (Double The Account Per Month) Submitted by User on January 5, - We will discuss a Forex Trading Strategy that is simple and basic yet works very well. There are many forex trading strategies selling for more than $2K but after you read this, you will appreciate the simplicity and beauty of this Forex Jun 25, · Using leverage you will double your account with just 40 pips. And you will blow it with 32 pips. Risking the $ If you are good/lucky after 3 trades you will have $ Take $ to another account and keep on going with $ If you blow it you have the backup $ and still be +% for the month. Be picky with your entry
Double or Even Triple Your Forex Trading Account Risking % Only
This double your trading account forex trading strategy is a trading system that has the potential to simply do what the name says and that is double your forex trading account.
It can take a few days, a week or a few months to do that. The timeframe it takes to do that is irrelevant and its not really important. What you need to learn is how to do it.
You will always encounter times when the market is trending strongly and you may have entered at the right time and you may make a few hundred of pips in profits. Awesome…you think. But chances are that those few hundreds double forex account every week pips profit you made in that trade come only from ONE TRADE! An example would be similar to the chart below, where you only enter one trade and you make only pips profit:. But on the other hand, double forex account every week, you could have made thousands of pips in profit in that SAME TREND move instead of just pips.
How you do that is by double forex account every week more trades and if you do that, this can happen this is the same chart as above but in here, you are taking multiple trades along the way :. So now you can see that, taking multiple trades can increase your profits greatly and therefore double your forex trading account. Click Here: Free Forex Trading Signals. You can apply any SMA you want. Hi RKay, I would like to ask.
Why is it SMA 34? Why not SMA 20? Could you explain to me? Thank you Reza. I like the information you are sharing here on this website. Keep up the good work. You can do this without risking too much of your trading account. For this to happen, you need two specific things to fall into double forex account every week a very strong trending market take multiple trades during that trend You will always encounter times when the market is trending strongly and you may have entered at the right time and you may make a few hundred of pips in profits.
An example would be similar to the chart below, where you only enter one trade and you make only pips profit: But on the other hand, you could have made thousands of pips in profit in that SAME TREND move instead of just pips, double forex account every week.
How you do that is by adding more trades and if you do that, this can happen this is the same chart as above but in here, you are taking multiple trades along the way : So now you can see that, taking multiple trades can increase your profits greatly and therefore double your forex trading account. Things You Need Indicator: you just need the 34 simple moving average indicator. Timeframes: can be applied to any timeframe. Currency Pairs: you can use this forex system to trade any currency pairs The only purpose of the 34 simple moving average indicator is for telling you the trend direction.
If a candlestick closes below the 34 simple moving average, that is considered a downtrend so you only look to sell If a candlestick closes above the 34 simple moving average, that is considered an uptrend so you only look to buy. A sell trade is initiated only when a bullish candlestick is formed in a downtrend, double forex account every week.
A buy trade is only initiated when a bearish candlestick is formed in an uptrend. Short Trading Rules Wait for a downtrend…this happens when a candlestick closes below the 34 simple moving average. your first sell signal initial sell trade signal is that bullish green double forex account every week that forms under the 34 simple moving average and makes a higher high.
This means, it must be a breakout the high of the previous candlestick. As soon as that candlestick closes, you open a sell market order immediately. Place your initial stop loss just a few pips above the nearest swing high which is the nearest resistance level.
For the subsequent sell trades, you do not place a stop loss. you exit all trades when you see a candlestick close above the 34 simple moving average. RELATED 1Hr Forex Trading Strategy With MACD. Prev Article Next Article. Hi Reza, You can apply any SMA you want. Regards RKay. Hey RKay, I like the information you are sharing here on this website.
Thanks for visiting,ETrader.
Doubled a Forex Trading Account in less than 5 hours - (Watch How)
, time: 9:33How to Double Forex Account in 7 weeks | Trading Strategy Guides
Jun 25, · Using leverage you will double your account with just 40 pips. And you will blow it with 32 pips. Risking the $ If you are good/lucky after 3 trades you will have $ Take $ to another account and keep on going with $ If you blow it you have the backup $ and still be +% for the month. Be picky with your entry This double your trading account forex trading strategy is a trading system that has the potential to simply do what the name says and that is double your forex trading account. It can take a few days, a week or a few months to do that. The timeframe it takes to do that is irrelevant and its not really important. What you need to learn is how to do it. You can do this without risking too much of your trading account. Estimated Reading Time: 4 mins Sep 24, · Sometimes you succeed to double your account through averaging down (you take a position, the price goes against you you take another position and this happens for few times, but suddenly the price turns around and you close all your positions with a good profit), but when it turns to a habit, it will wipe out the whole account, and you will not only lose the principal, but also the profit you
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